Radiant Capital is a decentralised lending protocol built on Layer Zero. It strives to be the first omnichain money market that allows users to lend and borrow crypto across multiple blockchain networks quickly and seamlessly. Investors on the platform can deposit their assets and receive interest for locking, vesting and lending their assets. Borrowers can withdraw crypto against collateralised assets without selling their holdings or closing their positions via the platform.
Radiant Capital (RDNT) is the network’s native utility token. RDNT is used for RDNT emissions, early exit penalties and borrowing interest charges. RDNT token holders are given participation rights to govern the protocol.
The market cap of RDNT now stands at about $84 million, with over 263 million RDNT tokens in circulation (as of mid Mayl 2023). RDNT’s all-time high (ATH) price peaked at $0.58 in September 2022 and is now trading at about $0.32. (as of mid May 2023).
Radiant Capital (RDNT) is available on the Matrixport app; alongside other blue-chip cryptocurrencies like Bitcoin (BTC), Ether (ETH), stablecoins (USDT, USDC and BUSD), and many more. Users can deposit, withdraw and transfer RDNT on the app.