Loopscale
Finance · Florida, United States · 1-10 Employees
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Overview
Headquarters
1123 Baybrook Dr, Orlando, Florida, 3208...Phone Number
(407) 403-6600Website
www.loopscale.comRevenue
<$5 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
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About Loopscale
Loopscale is a modular, order book-based lending platform designed for the next generation of digital assets, enabling users to borrow and lend with reduced risk. The platform allows clients to use various assets as collateral, including LP positions and staked assets, while offering lower rates and maximizing borrowing power. Additionally, Loopscale provides opportunities for lenders to define their parameters, manage exposure, and access professionally managed strategies through Loopscale Vaults. Targeting both individual users and financial curators, Loopscale aims to simplify the lending process and enhance returns in the digital asset space.Explore more
Loopscale Org Chart
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Loopscale Tech Stack
A closer look at the technologies used by Loopscale
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Loopscale News & Media
Solana Based DeFi Protocol Loopscale Hit With Security Breach Leading To Nearly $6M Loss
Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach, resulting in a loss of approximately $5.8 million. This amount represents 12% of the platform’s total value locked (TVL), which stood at around $40 million prior to the incident. The exploit specifically targeted vulnerabilities in Loopscale’s market operations, exploiting the RateX PT token pricing functions to drain 5.7 million USDC and 1,200 SOL from t
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Frequently Asked Questions Regarding Loopscale
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Loopscale is a modular, order book-based lending platform designed for the next generation of digital assets, enabling users to borrow and lend with reduced risk. The platform allows clients to use various assets as collateral, including LP positions and staked assets, while offering lower rates and maximizing borrowing power. Additionally, Loopsca... Read More
