Lend, borrow, and trade leverage cross-chain with a fintech grade UX.
Peridot Finance is a cross-chain lending protocol with integrated on-chain margin trading and yield-boosted markets. Full documentation at peridot-finance.gitbook.io/peridot-protocol.
Lending & Cross-Chain Access
At its core, Peridot is a battle-tested and audited lending protocol, users supply assets to earn interest and borrow against their collateral. What sets it apart is that users on any supported chain can interact with Peridot's lending markets without bridging manually. Powered by Biconomy Supertransactions, a user on Solana or BNB Chain can supply collateral and borrow in a single gasless flow, the cross-chain execution and gas abstraction are handled entirely under the hood.
Every user can open a SmartMarginAccount, an isolated account that lives inside the lending protocol itself. When opening a leveraged position, Peridot executes atomically: it flashloans the desired borrow asset, swaps it into the collateral asset via an integrated DEX router, supplies that collateral back into the lending market, and repays the flashloan with the newly opened borrow. All in a single transaction. There's no intermediate state for MEV bots to exploit, and the position is fully collateralized within the protocol from the moment it exists. Leverage caps, slippage limits, and oracle deviation checks are all enforced on-chain per market.
Boosted Markets
Peridot's boosted markets solve one of the core UX failures of traditional lending: when utilization is high, suppliers can't withdraw and earn almost nothing because the idle cash sitting in reserve earns zero. In Peridot's boosted markets, idle liquidity that isn't actively borrowed is automatically deployed into external ERC-4626 vaults, f.e. Morpho, so the underlying is always working.
Suppliers earn from two sources simultaneously: borrower interest from the lending market and vault yield on the undeployed portion. This means a supplier earns meaningful yield regardless of utilization rate, and their collateral is always productive.
Dual Investment
Peridot also offers structured investment products directly integrated with the lending protocol. Users take a directional position (up or down) on an asset at a defined strike price and expiry. At settlement, if the price moves in the user's favor they receive the payout in the target asset; if not, they receive the base asset, in both cases enhanced by the yield earned while the position was open. Positions can be funded either from existing collateral already in the protocol or by borrowing, meaning users can express a market view without moving capital out of the lending market. Each position is represented as an ERC1155 token, making them composable and transferable.
<p>During this hackathon, we shipped the Peridot Chain, a custom EVM blockchain built on Arbitrum Orbit with lending and borrowing implemented at the kernel level as a native precompile. Rather than deploying Solidity contracts on top of the EVM, the lending engine (supply, borrow, repay, liquidate, interest accrual, risk checks) runs directly inside the execution layer at a fixed address (<code data-inline="true" spellcheck="false">0x01000000000000000000000000000000000000A1</code>), making it orders of magnitude more gas-efficient and impossible to exploit via reentrancy at the contract layer.</p><p>Hyperlane is integrated natively into the chain itself, which means any contract deployed on Peridot Chain is automatically cross-chain capable, developers don't need to wire up their own bridge integrations. Users from any supported chain can interact with the lending markets via Biconomy Supertransactions without ever holding gas on the Peridot Chain.</p><p><strong>The chain is live on public testnet right now:</strong></p><ul><li><p>RPC: <code data-inline="true" spellcheck="false">https://rpc.peridot.finance/ext/bc/214vC6YULpdhfkvEHSDwVHFMTbDdYRUpvVkqXeuuEmhUxGZLpp/rpc</code> </p></li><li><p>Faucet: <code data-inline="true" spellcheck="false">https://faucet.peridot.finance</code> </p></li><li><p>Chain ID: <code data-inline="true" spellcheck="false">43214001</code> </p></li><li><p>Block Explorer: <code data-inline="true" spellcheck="false">https://explorer.peridot.finance</code> </p></li><li><p>Currency Symbol: P</p></li><li><p>Network Name: Peridot Blockchain</p></li></ul><p><strong>Why this matters:</strong> Most DeFi protocols are constrained by the EVM they run on, every lending operation burns gas through layers of Solidity dispatching, storage reads, and reentrancy guards. By moving the lending engine into the execution layer, Peridot Chain makes lending as cheap as a native transfer. And by baking Hyperlane in at the chain level, any developer who deploys on Peridot Chain inherits cross-chain composability for free, no extra integration work required. This is the foundation for a new class of DeFi protocols that are natively cross-chain from day one, not retrofitted.</p>
<p>Peridot is fully bootstrapped and self-funded. We are not currently raising and have no plans to take on VC investment, the protocol is being built as a community-first project, owned and governed by its users rather than external investors. Any future token distribution or governance will reflect that ethos.</p>
