Trade RDNT/USD

Radiant uses LayerZero’s omnichain messaging to coordinate lending positions across multiple blockchains. A user deposits collateral on one chain, for example, ETH on Ethereum, and Radiant’s protocol communicates the collateral position to its deployment on another chain, such as BNB Chain, where the user can then borrow against that collateral. The collateral and debt are tracked across chains by Radiant’s smart contracts, and liquidations can be triggered on the appropriate chain if the collateral value falls below required thresholds.

dLP (dynamic liquidity provider) is Radiant’s mechanism for aligning token holder incentives with protocol health. To earn a share of protocol fees, paid in the assets borrowed and lent on the platform, RDNT holders must lock their RDNT in a dLP position alongside matched liquidity in an RDNT/ETH pool. The dLP lock has a minimum duration and provides fee revenue proportional to the lock size and duration. This design prevents passive token holders from extracting value without contributing to liquidity depth.

In October 2024, Radiant Capital suffered a significant hack in which attackers compromised the private keys of multiple team members through malware, gaining control of the protocol’s admin multisig wallet. The attackers used this access to drain funds from Radiant’s lending markets across multiple chains, causing substantial losses to depositors. The incident highlighted the risks of multisig key management in DeFi protocols. Radiant has worked with security firms on post-exploit audits and recovery measures, but the event materially affected TVL and community confidence.

No. RDNT/USD on StoicFX is a Contract for Difference. You trade RDNT’s price against the US dollar without holding any tokens. To lock RDNT in dLP positions, earn protocol fees, or participate in Radiant governance, you would need actual RDNT tokens in an Ethereum-compatible wallet on a supported chain.