How Peridot Works
Peridot creates efficient money markets for crypto assets with algorithmically determined interest rates based on supply and demand.
Launch AppIntroduction to Peridot
Peridot introduces a decentralized protocol on multiple blockchains that creates money markets for crypto assets. Our goal is to establish algorithmically determined interest rates based on supply and demand.
This allows users to seamlessly trade the time value of their crypto assets through an automated, decentralized system with transparent interest calculation and immediate liquidity.
Problems We Solve
- Limited borrowing mechanisms for crypto assets
- Negative yields due to storage costs and risks
- Centralized exchange risks and limitations
- High costs and low convenience in P2P solutions
How the Protocol Works
Peridot creates separate markets for various crypto assets across multiple blockchains, providing transparent, publicly accessible markets with complete transaction history and real-time interest rates.
Asset Supply
Earn Interest
Users provide assets and receive pTokens representing a growing share as interest accumulates automatically.
Ideal For:
- Long-term holders
- dApps with idle assets
Borrowing
Access Liquidity
Instant loans without negotiations using pTokens as collateral with dynamic interest rates.
Use Cases:
- Leverage trading
- Short positions
- dApp liquidity
Interest Model
Dynamic Rates
Automated model adjusts rates based on utilization - high demand increases rates, low demand decreases them.
Benefits:
- Fair market rates
- Automatic balancing
User Guide & FAQ
Everything you need to know to get started with Peridot
Assets & Wallets
Supported Assets
ETH, USDC, DAI, and other major cryptocurrencies for earning yield and borrowing on-chain.
Compatible Wallets
MetaMask, WalletConnect, hardware wallets, and other Web3-compatible wallets.
Fees & Costs
Protocol Fees
Zero upfront fees. Only blockchain gas fees for transactions.
Network Costs
Ethereum has higher gas fees. Layer 2 and alternative chains offer lower costs.
Collateral & Risk
Safety Measures
Assets held in auditable smart contracts. Over-collateralized loans with health monitoring.
Liquidation Protection
Monitor health factor, maintain safe ratios, and add collateral during market volatility.
Interest & Returns
How is APY calculated?
Interest compounds per block based on current supply rate and block time, following standard DeFi yield formulas.
Are there APY limits?
Certain markets may have caps or range bounds set by governance to manage risk and ensure stability.
Security & Transparency
Has Peridot been audited?
Yes—contracts undergo regular third-party audits by leading security firms, with full audit reports publicly available.
What if there's a vulnerability?
Peridot maintains a bug bounty program to reward responsible disclosures and patch issues proactively.
Governance & Rewards
Is there a governance token?
Peridot's native token grants holders voting rights on asset listings, protocol upgrades, and parameter changes.
How do I participate in governance?
Connect your wallet to the governance portal to propose, vote, or delegate—and earn participation rewards.
Summary
The future of decentralized finance, built for everyone
Multi-Chain Money Markets
Effective crypto asset markets across multiple blockchains with transparent operations
Dynamic Interest Rates
Algorithmically adjusted rates responding to real-time supply and demand
Trustless Yield Generation
Earn interest on assets without relying on centralized entities
Instant Liquidity
Immediate loans with assets as collateral, no waiting periods required
Financial Infrastructure
Stable, decentralized foundation for the future of blockchain finance
Ready to experience the future of DeFi?
Launch Peridot App