After two attacks, Fulcrum lending pools show sign of bank run

DeFi ProtocolsFebruary 27, 2020, 9:35AM EST
UPDATED: March 14, 2022, 5:32PM EDT
After two attacks, Fulcrum lending pools show sign of bank run
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Launched in June 2019, Fulcrum is a margin trading platform built on top of the bZx protocol. Like competitor dYdX, Fulcrum offers a means for users to lend out their assets for a variable yield, while borrowers can source assets and execute leveraged trades directly within the platform. Trading liquidity is sourced through Kyber, an on-chain liquidity pool that aggregates liquidity from a variety of reserves.

Presently, Fulcrum supports ETH, DAI, USDC, USDT, sUSD, WBTC, ZRX, KNC, LINK and REP as collateral assets. 

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