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Posted: 2025-04-26 14:14:53 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-26 14:15:29 UTC
Verified By
Rollup News
Soul Protocol is building a cross-chain coordination layer on top of existing DeFi lending protocols like Aave and Compound to connect liquidity, actions, and risk across different chains, allowing users to borrow and lend assets across multiple chains without bridging or wrapping. The protocol utilizes LayerZero and other cross-chain messaging solutions and has launched a testnet with token-earning opportunities.
Cross-chain lending solution
Coordination layer for DeFi protocols
Unified liquidity and risk management
Testnet with token-earning opportunities
Fragmented liquidity across different chains
Inability to borrow on one chain using collateral on another
Lack of coordination between DeFi lending protocols