Radiant Capital

RDNT Price

What is Radiant Capital?

Project Overview

Capital in DeFi is extremely fragmented across chains, evidenced by the dozens of different money markets, all with their own liquidity.

Radiant aims to be an omnichain money market where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains, eliminating the need for silos of liquidity.

Radiant’s cross-chain interoperability functions using LayerZero messaging and Stargate's stable router interface. For example, lenders may reclaim their collateral and can direct which chain to withdraw funds from and what percentage they’d like sent to each chain.

Radiant aims to solve DeFi 1.0 issues of unpredictable and transient liquidity through its innovative Dynamic Liquidity Providers (dLP) and gated emissions.

Value Proposition

Consolidation of Fragmented Liquidity: The primary goal of the Radiant DAO is to consolidate billions in fragmented liquidity across multiple lending protocols and chains under one safe, user-friendly, and capital-efficient cross-chain protocol. This consolidation of fragmented liquidity is intended to enhance the overall DeFi ecosystem and create a more seamless experience for users.

Gated Emissions: Sustainability is an important Key Performance Indicator to the Radiant DAO and thus the protocol implemented a Dynamic Liquidity (dLP) mechanism which only enables incentivized RDNT emissions to dLP providers. Dynamic Liquidity Provisioners also share in the utility of platform fees captured in blue-chip assets such as Bitcoin, Ethereum, BNB, and stablecoins through borrowing interest, flash loans, and liquidations.

Project Key Highlights

Omnichain Money Market: Users can deposit and borrow assets across chains seamlessly within minutes via Radiant’s integrations with LayerZero and the Stargate stable router interface, which solves many DeFi pain points related to requiring multiple transactions to lend, borrow, bridge, and swap.

DeFi 3.0: Early iterations of DeFi featured many copycat protocols with zero utility and high-emission governance tokens. In the Radiant DAO’s V2 launch, Radiant will continue to allow all users to borrow and lend cross-chain, seamlessly. However, emissions are gated to only users which provide utility to the protocol in the form of Dynamic Liquidity Provisioning

Support for 20+ Collateral Options: As the Radiant DAO expands its cross-chain functionality to additional chains, new collateral options will emerge with DAO-voted Loan-To-Value parameters and oracle usage.

Where can you buy Radiant Capital?

RDNT tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Radiant Capital is Gate, where the most active trading pair RDNT/USDT has a trading volume of $15,124.56 in the last 24 hours. Other popular options include PancakeSwap (v2) and Balancer V2 (Arbitrum).

What is the daily trading volume of Radiant Capital (RDNT)?

The trading volume of Radiant Capital (RDNT) is $30,377.09 in the last 24 hours, representing a -60.10% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Radiant Capital (RDNT)?

Radiant Capital (RDNT) reached an all-time high of $0.5853 and an all-time low of $0.0003170. It’s now trading -99.90% below that peak and 41.90% above its lowest price.

What is the market cap of Radiant Capital (RDNT)?

Market capitalization of Radiant Capital (RDNT) is $646,373 and is ranked #3554 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of RDNT tokens (1.4 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Radiant Capital (RDNT)?

The fully diluted valuation (FDV) of Radiant Capital (RDNT) is $674,746. This is a statistical representation of the maximum market cap, assuming the maximum number of 1.5 Billion RDNT tokens are in circulation today. Depending on how the emission schedule of RDNT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Radiant Capital compare against its peers?

With a price decline of -12.40% in the last 7 days, Radiant Capital (RDNT) is underperforming the global cryptocurrency market which is up 4.20%, while underperforming when compared to similar YZi Labs (Prev. Binance Labs) Portfolio cryptocurrencies which are up 21.50%.