Singular Protocol Project Introduction, Team, Financing and News

Performances

RD Popularity Index

2911.54% (24h)

0100200300400500

Project Rank: 4316/15432

RD Growth Index

830.00% (24h)

0400800120016002000

Project Rank: 5332/15432

Comparison

Event Calendar

Sep 25, 2023

Singular Protocol launches on the mainnet

Jan 23, 2024

Singular Protocol raised $ 3 M in Seed round

Fundraising

LeadIIOBC Capital BBing Ventures DDG Capital

BBitcoin Cash Foundation

DDivide Labs

Round	Amount	Valuation	Date	Source	Investor
Seed	$ 3M	--	Jan 23, 2024	--	BBing Ventures DDG CapitalDDivide LabsBBitcoin Cash Foundation

Sub Organizations

DeShare

On-chain trading platform

Follow Updates

Follow Lists

People

Details

Singular Protocol is a decentralized NFT lending protocol that adopts a peer-to-multi-pool model, establishing independent pools for each NFT collection to isolate risk. Users can customize loan amount, duration, interest rate, and collateral ratio, while the protocol matches lenders and borrowers through a dynamic interest rate mechanism to improve capital efficiency. It supports cross-chain operations, allowing users to bridge NFTs from Layer1 to Layer2 for collateralized borrowing, and optionally transfer NFTs back to the original chain after repayment. The design aims to balance lending efficiency and asset security.

Tags:

Ecosystem(2):

Founded:

2023

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