Cryptocurrency exchange Binance has announced the listing of the RDNT token of the Radiant Capital landing protocol. The price of the asset increased by more than 25% per day.
#Binance will list @RDNTCapital $RDNT in the Innovation Zone.
https://t.co/TT4Q4W4vj6 pic.twitter.com/GrWsNHmcat
— Binance (@binance) March 30, 2023
The platform has opened acceptance of deposits in RDNT for trading in the innovation zone in three spot pairs – with bitcoin, TUSD and USDT. Margin trading is 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. RDNT as a native utility token is used for liquidity mining and governance.
According to DeFi Llama, the value of assets locked in Radiant Capital is $166.3 million. Based on Arbitrum’s L2 solution, the protocol also supports BNB Chain.
After the announcement of the listing on Binance, the price of RDNT jumped from $0.34 to $0.45. At the time of writing, the quotes have corrected, but the daily growth is 25.8%.
The exchange team recalled that the platform’s innovation zone is designed to trade new tokens with higher volatility and risks than others. Binance also included RDNT in this category.
Source: bitcoinlinux.com
