Loopscale

Loopscale

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Borrow and lend against any asset at the best rate. Loopscale is a credit order book for the next generation of capital markets ➿ https://discord.gg/loopscale

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Vaults Snapshot: June 4, 2025 • SOL - 9.35% APY • USDC - 6.40% APY • JitoSOL - 5.10% APY Market-leading rates for lending SOL and USDC and competitive returns for JitoSOL on top of its liquid staking yield.

Catch our co-founder @marygooneratne at Solana Accelerate: Ship or Die in NYC next week 🇺🇸 On the agenda: How Loopscale is rethinking DeFi credit markets from first principles⏩⏩⏩

Following successful negotiations, all funds taken from the Loopscale protocol (5,726,725 USDC + 1,211 SOL) on April 26th have now been returned. Users will incur no loss of deposits from this incident. Additional details (including information on vault withdrawals) to follow.

Our pursuit of an amicable resolution regarding Saturday's incident continues to make progress. As an update to our users: • At 2:19AM ET this morning, ~10,000 WSOL (~$1.48M) was returned to a Loopscale wallet. • At 3:14PM ET this afternoon, another 4,463 (~$660K) WSOL was x.com/LoopscaleLabs/…

Our pursuit of an amicable resolution regarding Saturday's incident continues to make progress. As an update to our users: • At 2:19AM ET this morning, ~10,000 WSOL ($1.48M) was returned to a Loopscale wallet. • At 3:14PM ET this afternoon, another 4,463 ($660K) WSOL was

At 3:52PM ET today, we received a response from the exploiter. They have indicated a willingness to return the exploited funds in exchange for a bounty. We appreciate their engagement so far and we are actively working to reach an amicable resolution. As such, we will be x.com/LoopscaleLabs/…

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