Loops 2.0 is now live: Leveraged Borrowing for Every Onchain Asset
Loops have processed over $2 billion in cumulative borrowing volume across LSTs, PTs, RWAs, LP positions, and directional exposure on tokenized commodities and equities. Loops 2.0 is the largest upgrade since the product launched: a rebuilt execution engine, expanded asset coverage for RWAs and bridged assets, and a new position management layer for entering, managing, and exiting leveraged positions.The original Loops product built the foundation. Fixed-rate borrowing, per-collateral risk pricing, atomic execution. Loops 2.0 extends that execution layer to handle the assets that are the future of DeFi while enhancing both asset custody security and security for users on execution.
A tokenized treasury fund can’t settle atomically with a SOL swap. Asset issuer redemptions can take days or even quarters. Bridged assets route through infrastructure that pool-based lending protocols don’t account for and handle cross-contamination risk that pool lenders can’t price. Tokenized treasuries, credit funds, sovereign debt, non-Solana assets: each has its own settlement logic, redemption mechanics, security considerations, and regulatory constraints.Loops 2.0 adds the execution and management infrastructure to handle all of this. Any asset the Credit Order Book can price now has a path to Loop execution, whether it settles instantly or requires async flows.
Loops 2.0 executes through Jito Bundles with multi-hop swap paths, significantly increasing the surface area for atomic Loops. This comes with better fill prices, reduced slippage, and more reliable execution.
A new routing engine aggregates liquidity across 15+ venues: Jupiter, Titan, dFlow, Exponent, Flash Trade, Jupiter Perps, OnRe, Hylo, PRISM, Securitize, and more. The router composes multi-step routes and selects the best pricing path. Loop pairs can be significantly expanded, and existing pairs have seen a large increase in consistency of execution.
Looping an RWA means winding and unwinding positions through infrastructure that doesn’t settle in the same block and often not the same chain. Settlement windows, issuer redemption queues, regulatory wrappers, and bridged asset flows all result in both a poor DeFi experience as well as increased cost for loopers, leading to unprofitable positions.PRISM aggregates secondary market partners and asset issuers into a single settlement layer. It handles delayed settlement, issuer redemption, and async swap flows, powering instant settlement for permissioned assets on Solana.Launch integrations include Securitize redemptions, Superstate redemptions, Fission async swaps, Plume Nest assets, and LayerZero OFTs. Users can now Loop RWAs, wind and unwind async positions, and access asset categories that were previously incompatible with Loop execution.
Every asset pair the Credit Order Book can price now has a path to Loop execution.A new asset pair explorer lets users input any principal and collateral combination and access stats, asset data, and position management for that market. Every pair has tracked statistics and a direct view into the Credit Order Book: rates, order depth, active loans, and available liquidity.No curated market pages. If the Credit Order Book can price it, the pair has a market.
Some asset pairs require custom swap paths that the Loopscale Router can’t auto-compose. Manual Loop construction lets users build their own route, choose specific venues, set leverage precision, and execute. Users who want to route through a particular venue or control intermediate swap steps can do that directly.
Loops 2.0 rebuilds how users interact with their positions.Enter and exit positions through in-app swaps powered by the Loopscale Router. Increase or decrease leverage, swap collateral assets, borrow more, withdraw collateral, repay, top up in an advanced loop builder flow that lets users construct multi-step position changes in a single, atomic flow rather than executing each action separately.Each action previews the impact on health factor, liquidation price, and effective leverage before confirmation. A toggle switches between loan view (collateral balance, borrow balance, interest accrued) and Loop view (effective leverage, net exposure, entry price) on any position.
PnL tracking across durations, multiple collateral assets, and different debt types. Profit and loss per position accounts for borrow costs, collateral appreciation, and swap fees.Historical event logs record every action taken on a position. New charting surfaces performance visualization across time. Portfolio-level history spans all active and closed positions, with Loop performance breakdowns showing yield earned versus borrow cost paid.
Loops 2.0 extends the core Looping functionality across the full Credit Order Book, supporting any asset lenders are willing to price. As the complexity and sophistication of assets and their redemption mechanics continue to increase, Loopscale will be at the forefront of their integration into the DeFi credit ecosystem. An asset issuer or protocol building a new tokenized product can plug into the Credit Order Book and have lending, borrowing, and leveraged execution available the day it launches, with rates priced to that specific asset’s risk profile.As tokenized finance scales, the infrastructure that prices and executes credit for these assets needs to keep pace. Loops 2.0 is that infrastructure.
