Total Value Locked$609,864.95
TVL by Chain
Ethereum$203,337.18
Arbitrum$181,968.78
Base$164,219.01
BSC$60,339.98
Key Metrics
Fees (Annualized)$56,250
Fees 30d$395
Ethereum$241
Base$142
Arbitrum$10
BSC$0
Fees 7d$170
Base$119
Ethereum$49
Arbitrum$2
BSC$0
Fees 24h$0.19
Arbitrum$0.19
Base$0
BSC$0
Ethereum$0
Cumulative Fees$29.49m
Arbitrum$16.99m
BSC$9.65m
Ethereum$2.64m
Base$211,028
Revenue (Annualized)$47,895
Revenue 30d$395
Ethereum$241
Base$142
Arbitrum$10
BSC$0
Revenue 7d$170
Base$119
Ethereum$49
Arbitrum$2
BSC$0
Revenue 24h$0.19
Arbitrum$0.19
Base$0
BSC$0
Ethereum$0
Cumulative Revenue$22.22m
Arbitrum$12.79m
BSC$7.26m
Ethereum$2.01m
Base$167,269
Holders Revenue (Annualized)$33,756.2
Holders Revenue 30d$237.2
Ethereum$144
Base$86
Arbitrum$5.2
BSC$0
Holders Revenue 7d$102.2
Base$72
Ethereum$29
Arbitrum$1.2
BSC$0
Holders Revenue 24h$0.11
Arbitrum$0.11
Base$0
BSC$0
Ethereum$0
Cumulative Holders Revenue$17.69m
Arbitrum$10.19m
BSC$5.79m
Ethereum$1.58m
Base$126,610
Active Loans$212,804.51
$RDNT Liquidity$3.19m
Balancer V2$2.5m
Aerodrome Slipstream$360,275
Balancer V2$314,296
Uniswap V3$15,644
Protocol Information
Radiant v2 introduces a migration to the LayerZero OFT format, improving cross-chain fee sharing, enabling faster launches on additional chains, and allowing native ownership of bridging contracts. This update addresses utility exchange concerns and eligibility for RDNT emissions by implementing changes to core protocol mechanics, emissions, utility, and enhancing cross-chain functionality
Category:Lending
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View code on GitHubFees: Platform fees collected by Radiant (reserve-factor cut of borrow interest) and routed through MiddleFeeDistribution.View code on GitHubRevenue: All platform fees are kept by the protocol (split between the operationExpenses treasury and dLP lockers).View code on GitHubHolders Revenue: Remaining platform fees forwarded to MultiFeeDistribution and distributed to dLP lockers.View code on GitHubHacks
Date: Jan 2, 2024
Amount: $4.5m
Classification: Protocol Logic
Technique: Flashloan New Market Exploit
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: Oct 16, 2024
Amount: $53m
Classification: Protocol Logic
Technique: Access Control Exploit
Chains: BSC, Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Radiant V2?
Radiant v2 introduces a migration to the LayerZero OFT format, improving cross-chain fee sharing, enabling faster launches on additional chains, and allowing native ownership of bridging contracts. This update addresses utility exchange concerns and eligibility for RDNT emissions by implementing changes to core protocol mechanics, emissions, utility, and enhancing cross-chain functionality
What is Radiant V2's TVL?
Radiant V2 currently has $609,864.95 in total value locked. TVL has increased 2% over the past 30 days.
What chains does Radiant V2 operate on?
Radiant V2 operates on 4 chains: Base, Arbitrum, Ethereum, and BSC. Ethereum holds the largest share at 33.3%.
How much has Radiant V2 generated in fees and revenue?
Over the past 30 days, Radiant V2 generated $395 in fees. Of that, $395 was protocol revenue. Based on the trailing year, the annualized rate is $56,250 in fees and $47,895 in revenue.
How much has been borrowed through Radiant V2?
Radiant V2 currently has $212,804.51 in active loans.
Has Radiant V2 ever been exploited?
Radiant V2 has 2 recorded security incidents. The most recent incident occurred on Oct 16, 2024 and involved $53m. It was classified as Protocol Logic.
