Clearpool launches Credit Vaults on Base

ChainCatcher news, according to official sources, the decentralized credit market Clearpool has announced the launch of Credit Vaults on Base, allowing borrowers to set their own parameters, including interest rates, repayment plans, and KYC requirements, providing them with greater control and customization options.

In addition, Clearpool's disclosed data shows that since its launch, the Clearpool protocol has issued over $530 million in loans, with 21 institutions joining Clearpool and establishing borrower pools, including Wall Street giants Jane Street, publicly traded company Banxa, Flow Traders, and leading cryptocurrency trading firm Wintermute.