Radiant Capital
Radiant Capital is a DeFi protocol that enables users to lend and borrow digital assets across multiple blockchain networks through a unified, DAO-governed omnichain money market with 155,000+ RDNT token holders.
- Company typePrivate
- Founded2022
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Radiant Capital does
Radiant Capital is a decentralized, community-governed DeFi protocol founded in 2022 that enables users to lend and borrow digital assets across multiple blockchain networks through a single unified interface. Its core product, the Radiant App, is an omnichain money market built on smart contracts that aggregates fragmented liquidity from multiple Web3 chains, supporting assets such as USDC, USDT, sDAI, ETH, wstETH, and rETH on Ethereum. The protocol employs an $RDNT token model in which users lock RDNT liquidity to access boosted lending and borrowing emissions, and Dynamic Liquidity Providers receive a share of platform fees in blue-chip assets including BTC, ETH, BNB, and stablecoins. The platform charges no direct user fees, generating revenue indirectly through interest spreads on borrowed assets and flash loan fees. Governance is executed via a DAO structure using Snapshot for on-chain voting and Discourse for community proposals, with the protocol reporting 155,000+ token holders. In October 2024 the protocol suffered a $53 million exploit attributed to North Korean state-sponsored hackers, after which it engaged Mandiant for security audits and introduced a Guardian Fund, recovering 14.11% of losses. Radiant maintains 11–50 employees, is headquartered in Hong Kong, and raised $10 million from YZi Labs in July 2023.
Radiant Capital firmographics
Firmographics- Name
- Radiant Capital
- Legal name
- Radiant
- Website
- https://radiant.capital
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Radiant Capital is a DeFi protocol that enables users to lend and borrow digital assets across multiple blockchain networks through a unified, DAO-governed omnichain money market with 155,000+ RDNT token holders.
- Ownership category
- akta.pro rank
Radiant Capital industry classification
Industry- Product category
- Decentralized Finance (DeFi) Lending Protocol
- NAICS
- Other Financial Vehicles (525990), Other Financial Vehicles (52599), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- Decentralized Lending Protocols (DeFi Money Markets) (FSADAFAB)
- akta.pro secondary industries
- Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG), Yield Aggregators & Strategy Vaults (FSADAMAF), Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield) (FSAPAEAG), Money Markets & Collateralized Debt Positions (CDPs) (FSADAMAM)
Keywords
Where Radiant Capital is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Markets served
Radiant Capital business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Interest Fees: Platform generates revenue through interest charged on borrowed assets across the lending protocol
- Flash Loan Fees: Fees collected from flash loan transactions executed on the platform
- RDNT Token Emissions: Protocol-native token emissions distributed to liquidity providers and borrowers as incentives
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Cross-Chain Lending/Borrowing - No direct user fees |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Radiant Capital product offering
Product offeringCore offering
Radiant Capital operates a decentralized, omnichain lending and borrowing protocol that allows users to deposit collateral and borrow digital assets across multiple blockchain networks from a single interface. The protocol issues the RDNT governance token, distributes a portion of platform fees to RDNT lockers via its Dynamic Liquidity Providers mechanism, and offers flash loans as an additional revenue feature for advanced DeFi participants.
Product overview
Radiant Capital is a unified omnichain DeFi protocol that unifies fragmented liquidity across Web3 money markets. The core offering is the Radiant App, which provides cross-chain lending and borrowing functionality. The platform operates with the $RDNT governance token and a DAO structure for community governance. RDNT Lockers enable users to lock liquidity and receive platform fees in blue-chip assets (BTC, ETH, BNB, stablecoins), while borrowers access boosted emissions for lending and borrowing activities.
Differentiator
Problem solved
Functional benefit
Products and services
- Radiant App (Cross-Chain Lending & Borrowing Protocol) A non-custodial, decentralized application that allows crypto users to deposit collateral and borrow digital assets across multiple blockchains through a single interface, with flash loan support and variable interest rates determined by pool utilization. Targeted at DeFi-native individual users who hold self-custodial wallets.
- RDNT Token & Dynamic Liquidity Providers (DLP) Program A governance and utility token with a staking/locking program under which RDNT holders lock their tokens to receive a share of platform fees (reportedly $473.6K paid to lockers), aligning long-term holders with protocol revenue and governance decisions. Targeted at DeFi users seeking yield and governance participation.
- Flash Loan Service A feature within the Radiant protocol that allows users to borrow assets without collateral provided the loan is repaid within the same blockchain transaction, with a portion of flash loan fees contributing to protocol revenue. Targeted at advanced DeFi users, arbitrageurs, and developers.
Quantifiable outcome
- Trusted by 155,000+ holders
- +2 more outcomes
Companies that use Radiant Capital
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Radiant Capital technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Radiant Capital partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- BlockseccoreBlocksec is a smart contract security firm that focuses on the security of the whole lifecycle of smart contracts, specializing in rigorous testing of economic attacks. Blocksec has audited Radiant Capital's protocol as part of the battle-tested security measures.
- MandiantcoreMandiant conducted security audits as part of Radiant Capital's new security measures following the October 2024 $53 million exploit. The audits are part of the recovery plan that included a Guardian Fund.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Radiant Capital competitors and assessment
Company assessmentDirect peers
- Aave: Largest DeFi lending protocol on Ethereum and multiple L2s. Directly comparable as a money market for lending and borrowing digital assets, with cross-chain deployments that compete with Radiant's omnichain thesis.
- Compound: Pioneer DeFi lending protocol with algorithmic interest rates. Comparable in core functionality (overcollateralized lending) and target user base of crypto-native DeFi participants.
- Spark Protocol: MakerDAO-endorsed lending protocol featuring DAI savings and ETH staking-based borrowing. Directly comparable as a DeFi money market with similar collateral types (wstETH, ETH, stablecoins).
- Morpho: DeFi lending optimizer built on top of Aave/Compound. Comparable as a capital-efficient lending layer and a credible threat if Radiant's dynamic-LP model does not outpace Morpho's matching engine.
- Euler: Permissionless DeFi lending protocol supporting a wide range of assets. Comparable in offering multi-asset lending markets with modular risk framework; relevant peer given parallel focus on capital efficiency.
- Silo Finance: Isolated lending markets protocol that enables risk-isolated money markets. Comparable as a DeFi lending infrastructure player targeting fragmentation and customizable risk.
Regional players
- Venus Protocol: Leading lending and borrowing protocol on BNB Chain. Comparable product (DeFi money market) but primarily serves a different chain ecosystem; illustrates how per-chain lending protocols capture market share Radiant hopes to unify.
- Benqi: Lending protocol on Avalanche with similar DeFi money market mechanics. Comparable product offering but operating predominantly on a single non-Ethereum chain.
Emerging players
- Stargate Finance: Cross-chain liquidity protocol enabling native asset transfers across chains. Comparable as a piece of omnichain infrastructure addressing fragmentation — a thematic peer even though lending is not the primary use case.
Others
- LayerZero: Omnichain interoperability protocol underlying many cross-chain DeFi applications. Comparable as enabling infrastructure for omnichain designs like Radiant's, though it operates one layer below the lending use case.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Radiant Capital social profiles
Digital presenceRadiant Capital compliance and trust
Trust signalCompliance3 records
Radiant Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Radiant Capital leadership team
Management profileNumber of profiles
Radiant Capital funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Radiant Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Radiant Capital
What does Radiant Capital do?
Radiant Capital operates a decentralized, omnichain lending and borrowing protocol that allows users to deposit collateral and borrow digital assets across multiple blockchain networks from a single interface. The protocol issues the RDNT governance token, distributes a portion of platform fees to RDNT lockers via its Dynamic Liquidity Providers mechanism, and offers flash loans as an additional revenue feature for advanced DeFi participants.
Is Radiant Capital a public or private company?
Radiant Capital is a private company. It is classified as venture growth investor backed and is currently operating.
When was Radiant Capital founded?
Radiant Capital was founded in 2022. It employs 11 to 50 people.
Where is Radiant Capital based?
Radiant Capital is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does Radiant Capital make money?
Three revenue lines are on record. Interest Fees are the primary driver. The others are flash Loan Fees and RDNT Token Emissions.
Who are Radiant Capital's main competitors?
Direct peers on record are Aave, Compound, Spark Protocol, Morpho, Euler and Silo Finance. Regional players are Venus Protocol and Benqi. Stargate Finance is listed as an emerging player. LayerZero is listed as an others.
Does Radiant Capital have an API?
No public API is recorded for Radiant Capital.
What industry is Radiant Capital in?
Radiant Capital's product category is Decentralized Finance (DeFi) Lending Protocol. Its primary akta.pro industry code is FSADAFAB, Decentralized Lending Protocols (DeFi Money Markets), with a secondary code of FSAGAMAG, Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending). Its NAICS code is 525990 and its SIC code is 6200.