Ionic Protocol is a money market for yield bearing assets with a focus on LST, LRT and RWAs. Currently the largest TVL on Mode Network and #1 dapp on Mode, the protocol has seen substantial growth since launching in January 2024. A tiered pool infrastructure allows for advanced security and capital efficiency. Ionic has recently launched LRT pools on BASE as the second chain in their OP Superchain expansion with a roadmap to deploy on additional OP rollups, present and future. The supply pools on all chains are heavily incentivized by Ionic and partners Mode, Renzo, Etherfi, Kelp Dao, Aerodrome.\nThe team is composed of Rahul Sethuram (prev. CTO Connext), Henri Mahal (prev. 0xpragma R&D) and a number of DeFi and BD specialist working relentlessly on shipping the future lending solution for the entire Superchain. Ionic seeks to brings secure yield maxing infra to the Superchain, enabling new defi strategies and composability on a multichain level.
Category:
DeFi
Revenue
Under-250k USD
Initial protocol revenue from borrowing interest & liquidations (total <50ETH).
Base
0xE1A3006be645a80F206311d9f18C866c204bA02f
Mode
0x39C353Cf9041CcF467A04d0e78B63d961E81458a