Continued from Part 1.
④ Clearpool
👥 Akhil Vajjhala
📈 Clearpool has lent over $150m to institutions
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Clearpool is a decentralized lending marketplace to connect retail investors with institutions deployed on mainnet and Polygon. It allows whitelisted institutions to create individual single-borrower liquidity pools, and for investors to deposit into these pools and earn interest. So far, over $150m has been deposited across 8 institutions – Jane Street, Wintermute, Amber Group, amongst others – yielding around $2.8m in total interest to hundreds of retail lenders.
One would naturally assume that institutional lending would only attract institutional investors. However, a deep-dive into Clearpool's liquidity pools proves quite the opposite. While there is indeed one whale across several pools, there are over 200 unique retail investors securing the pools too.
Clearpool Finance has also sought to be capital-efficient. Although it has circuit-breaker mechanisms in place to monitor excess utilization, it maintains 80%+ utilization on all its pools. Clearpool APRs are tracking over 8% - high passive income in a fairly low-risk environment.
