Lendroid

LST
0.00027553
Market cap
Volume (24h)
Min-max price (24h)
BTC: 0.0000000038791
ETH: 0.000000076204
Total supply 1,210,071,487
Advanced chart and data Lendroid Chart
1h 24h 7d 1m 6m
  • Ethereum token
  • Trading and investing
Lendroid - Non-Custodial Margin Trading Protocol

Lendroid is a non-rent seeking, trust-independent, open protocol enabling decentralized lending, margin trading and short selling on the Ethereum blockchain. It aims to solve the shortcomings of centralized exchanges by creating a global shared lending pool, and a symbiotic off-chain infrastructure supported by incentivized participants - Relayers and Wranglers. Simply put, Lenders contribute their offers to the lending pool through relayers, who then match the offers with appropriate traders. The traders can use the borrowed funds to margin trade, make a profit, and repay the lenders.

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