BitMart "BM Discovery" Zone Launches LO0P (LO0P)

Odaily reported that BitMart's "BM Discovery" zone launched LO0P (LO0P) at 10:30 AM (UTC+8) on May 11. The trading pair LO0P/USDT is now available.

LO0P is a lending AMM protocol on Ethereum based on Uniswap V4 Hook, allowing users to borrow ETH without selling their tokens. Users purchase LOOP on a bonding curve and lock it as collateral to withdraw funds from the liquidity pool's ETH reserves.