Skip to main content

In Q4, Loopscale established its position as Solana’s fastest-growing credit protocol, surpassing all-time high total deposits, shipping first-of-their-kind RWA credit products, and proving market fit for order book-based lending markets. Let’s dive in.

All-Time High Deposits

By the end of 2025, $130M in assets were to the protocol across lending and collateral — and as of this post, this number has already increased to $147.5M. Total Active Loans sit at $52.1M. This growth comes alongside continued expansion in active loans and unique users, largely thanks to how Loopscale’s modular architecture provides quick and robust support for new asset launches and RWA products. As Loopscale grows, so does the Solana ecosystem.

Expanded RWA and Tokenized Asset Support

Loopscale provides credit markets for both crypto-native and real-world assets, with the latter having grown exponentially on Loopscale over this past quarter.

ACRED: The First Permissioned RWA Credit Product on Solana

In November, we launched the first credit product for permissioned RWAs on Solana, built in collaboration with Securitize and Global Dollar (USDG): ACRED. ACRED, or the Apollo Diversified Credit Securitize Funds, bridges regulated RWA collateral with permissionless stablecoin liquidity on Loopscale. This is a major step toward Loopscale’s vision of becoming the foundational credit layer for both crypto-native and real-world, institutional assets on Solana.

OnRe Finance’s ONyc

Our integration with OnRe Finance continued through Q4. The ONyc USDC Vault on Loopscale has become one of our highest-yielding Vaults, lending USDC to ONyc collateral and consistently delivering 10%+ APY, including rewards and points incentives. Meanwhile, ONyc loopers are leveraging ONyc’s yields from real-world reinsurance, with the ONyc / USDC Loop sitting at $15.8M in deposits and earning an average APY of 27.3%. Loopscale’s modular architecture enables partners to create targeted incentive programs that drive real capital efficiency. Incentives go to where they matter, while new asset primitives gain access to credit markets.

FLP.r and rStocks

We shipped support for Remora’s rStocks through Flash Trade’s FLP.r: Users can now:
  • Leverage the FLP.r pool through Loopscale’s FLP.r / USDC Loop
  • Lend USDC to FLP.r via Loopscale’s USDC Public Vault
  • Earn $20,000+ in \STEP rewards.
Loopscale is positioned to be the first credit market for every new tokenized asset onchain.

Etherfuse TESOURO and CETES

Loopscale became the home for Brazilian treasury bond tokens via our integration with Etherfuse. The TESOURO stablebond offers ~13% yield on its own via tokenized Brazilian government bonds, but when looped on Loopscale, users can achieve up to 37.5% APY. We also added support for CETES, Etherfuse’s Mexican treasury-backed token, further expanding Loopscale’s RWA support.

Alphaledger Integration

Building on our commitment to real-world assets, we announced our integration with Alphaledger, the Solana-native securities tokenization platform. As Alphaledger continues to bring regulated financial products onchain, Loopscale serves as the credit layer that unlocks liquidity and leverage for these assets. Plume Partnership We announced a partnership with Plume, the RWA-native chain. This collaboration expands Loopscale’s reach into cross-ecosystem RWA markets. Breakpoint 2025 Our team participated in Solana Breakpoint 2025 in Abu Dhabi, where Loopscale was featured in discussions around the future of RWA lending and credit markets on Solana. We can’t wait for what Breakpoint 2026 will bring.

DeFi Development Corp Partnership

DeFi Development Corp (DFDV), the first public company with a treasury strategy built around Solana, signed a Letter of Intent with Loopscale. Under the agreement, DeFi Development Corp intends to deploy a portion of its SOL and stablecoin reserves into Loopscale vaults to generate yield. We’re now seeing how public companies can engage with DeFi lending infrastructure in a compliant, yield-generating capacity.

Blockworks Research

The Blockworks Research team published a report highlighting Loopscale’s role as a foundational credit layer for next-generation Solana assets. Carlos Campo’s analysis explores how Loopscale’s orderbook-based model enables capital efficiency that pool-based protocols cannot match.

dFlow and Titan Integration

Loopscale continues to integrate with the best execution infrastructure on Solana. Our new integrations with DEX aggregators dFlow and Titan ensure that Loop openings and closings execute with the least possible execution impact, even for larger positions.

New Loops and Collateral Types

Q4 saw significant expansion in supported collateral and Loop products:

Bulk: bulkSOL and PT-bulkSOL

Loopscale now supports bulkSOL and PT-bulkSOL from Bulk Trade, enabling leveraged strategies on this LST that precedes the launch of Bulk’s powerful onchain perpetual futures markets.

Raydium LP Collateral

Raydium CLMM LP tokens can now be used as collateral on Loopscale, further expanding our support for concentrated liquidity positions.

Exponent LP Collateral

We shipped support for Exponent Finance LP positions as collateral, enabling users to unlock liquidity from their yield-trading positions.

Hylo Integration

We built out further Hylo integrations, adding Loops for Hylo’s sHYUSD, and xSOL. With $10M+ in deposits, sHYUSD Loops are among the most popular looped assets on Loopscale, earning up to 35% for Hylo users coming to Loopscale. We also shipped RateX and Exponent Finance PT Loops for Hylo assets, letting users lever up on fixed yields.

Zenrock

We added support for Zenrock assets. BTC and Zcash, now on Solana, made possible by Zenrock’s architecture.

Oro

The Oro integration brings additional real-world collateral — in this case, tokenized gold — to Loopscale’s growing roster of supported assets. Depositors to USDC Public, the vault that lends to Oro’s $GOLD, earn GOLD rewards. Looking Ahead to 2025 Q4 was our most ambitious quarter yet, but we’re just getting started. Here’s what’s on the horizon for 2026:
  • Continue expanding RWA support: More tokenized treasuries, stocks, and institutional credit products
  • New integrations for ecosystem products as they launch on Solana across various new perpetual futures venues, DeFi primitives, prediction markets, and more.
  • More security: Additional audits, both feature-specific and protocol-wide, are currently in the works for Loopscale.
Thank you to our community, partners, and users for an incredible quarter. The foundation we’ve built in 2025 sets the stage for Loopscale to become the definitive credit layer for onchain capital markets. Let’s keep building.