Lending Protocol Silo Finance Live on Arbitrum

Lending protocol Silo Finance announced it's live on Arbitrum.

Silo Finance aims to isolate risks by creating individual lending markets, which are called silos, for each base asset. Different silos are connected by bridge assets. Silo Finance on Arbitrum uses $ETH and $USDC as bridge assets, and supports three base assets now, which are $DPX, $UMAMI and $MAGIC.

Source

DeFi

Lending

Arbitrum

In This Article

Related News
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Cardano shifts to decentralized governance as Chang hard fork goes live Cardano shifts to decentralized governance as Chang hard fork goes live
Latest News More More
1 Day Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
1 Day Ago Fetch.ai launches $10M accelerator for AI agent startups
2 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
3 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open