Binance has announced the listing of the RDNT token for the Radiant Capital landing protocol. Following the announcement, the asset’s price increased by 25.8% in one day.
Deposits for trading in the innovation zone are accepted in three spot pairs—bitcoin, TUSD, and USDT—with margin trading being available against the last coin.
Radiant Capital is a decentralized omnichannel money-market protocol. Users can post collateral on one of the major networks and borrow on the other, with the native utility token RDNT being used for liquidity mining and governance.
According to DeFi Llama, the value of assets locked in it is $166.3 million and it also supports BNB Chain based on Arbitrum’s L2 solution. From the initial price of $0.34, the value of RDNT jumped to $0.45 after the announcement of its listing on Binance.
