Radiant Capital (RDNT) price has increased today.
The price of Radiant Capital (RDNT) is $0.135193 today with a 24-hour trading volume of $2,717,837. This represents a 26.800011176660455% price increase in the last 24 hours and a 16.26327468833572% price increase in the past 7 days. With a circulating supply of 110 Million RDNT, Radiant Capital is valued at a market cap of $15,367,637.
The New Central Bank of DeFi
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 the first omnichain money market, where users can deposit any major asset on any major chain and borrow a variety of supported assets across multiple chains.
Lenders who provide liquidity to Radiant will earn a passive income on the assets they deposit.
Borrowers are able to withdraw against collateralized funds in order to obtain liquidity (working capital) without selling their assets and closing their positions.
A New DeFi Primitive
Radiant has been eight months in the making, as we strive to invent a new but very necessary DeFi primitive.
As such, given the current state of alt L1s, Radiant will be launching v1 on what we believe to be the most secure and decentralized blockchain – Arbitrum.
Radiant’s cross-chain interoperability will be built atop Layer Zero, with v1 leveraging Stargate’s stable router interface. Lenders who wish to reclaim their collateral will be able to direct which chain to withdraw funds to, and what percentage they’d like sent to each chain.
Radiant focuses on core offerings that are resilient to oracle manipulation and leverages the $2M+ already spent in security audits executed by Layer Zero & Stargate. Radiant itself has been fully audited by Solidity Finance with a second audit near completion by Peckshield.
Radiant v2 will allow for full cross-chain borrowing/lending on BTC, ETH and USDC, followed by the gradual rollout of additional assets voted on by the Radiant DAO.
Welcome to an omnichain future.
Where can you buy Radiant Capital?
RDNT tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Radiant Capital is Sushiswap (Arbitrum One), where the most active trading pair RDNT/WETH has a trading volume of $1,937,390.12 in the last 24 hours. Other popular options include AscendEX (BitMax) and CoinEx.
What is the daily trading volume of Radiant Capital (RDNT)?
The trading volume of Radiant Capital (RDNT) is $2,717,857.65 in the last 24 hours, representing a 147.89% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Radiant Capital (RDNT)?
The highest price paid for Radiant Capital (RDNT) is $0.585268, which was recorded on Sep 16, 2022 (5 months). Comparatively, the current price is -77.1% lower than the all-time high price.
What is the all-time low for Radiant Capital (RDNT)?
The lowest price paid for Radiant Capital (RDNT) is $0.011166004544, which was recorded on Oct 20, 2022 (3 months). Comparatively, the current price is 1099.3% higher than the all-time low price.
What is the market cap of Radiant Capital (RDNT)?
Market capitalization of Radiant Capital (RDNT) is $15,367,637 and is ranked #816 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of RDNT tokens (110 Million 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 $136,361,362. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 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 increase of 16.24% in the last 7 days, Radiant Capital (RDNT) is outperforming the global cryptocurrency market which is up 4.48%, while outperforming when compared to similar Arbitrum Ecosystem cryptocurrencies which are up 1.92%.
What is the market sentiment of Radiant Capital today?
The community is bullish as more than 92% of users are feeling good about Radiant Capital (RDNT) today.