DeFi credit protocol Clearpool launches Arbitrum

Odaily News According to official news, the DeFi credit protocol Clearpool is launched on Arbitrum and has issued $18 million in loans to Flow Traders and liquidity provider Bastion Trading. At the same time, Clearpool has also received ARB token funding from the Arbitrum Foundation to support the development and technical development of the protocol. Since its launch in March 2022, Clearpool has issued more than $570 million in loans, and its user base covers cryptocurrency and TradFi institutions such as Wintermute, Jane Street, Fasanara Digital, CoinShares, etc.