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Mar 12

A deep dive into the functioning of LendBook

A lending limit order book is a non-custodial and permissionless order book that enables users to place and borrow the assets from limit orders. Borrowing positions are collateralized by sell orders. We have presented in previous posts its advantages. To mention a few, it provides lenders with interest rate-bearing limit orders and borrowers with stop-loss and take profit orders. It reduces liquidation penalties and enables high leverage. In addition to these benefits, the protocol is nativel...

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A deep dive into the functioning of LendBook

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LendBook

A lending protocol built on an order book

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