Read Loopscale: An Order Book Lending Protocol on Solana
Original title: "Loopscale: Order book lending on Solana"
Author: Compiled by Castle Labs
: Luiza, ChainCatcher
Despite Ethereum's DeFi total locked value (TVL). ) is still far from its peak in 2021, but Solana's TVL has achieved significant growth and is now at an all-time high.
The characteristics of the Solana ecosystem make it ideal for lending protocols. Protocols such as Solend are proof of this, which had deposits of nearly $1 billion as early as 2021. Although the FTX collapse had a severe impact on the development of the Solana...
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