Binance to List Radiant Capital’s RDNT Token, Price Surges 24%

• Until further notice, there will be no maker fees for RDNT/TUSD trades.
• The listing of Radiant Capital (RDNT) is in the exchange’s Innovation Zone.

Arbitrum’s native lending protocol, Radiant Capital, is analogous to other popular protocols like AAVE and Compound. Unlike more conventional lending protocols, however, Radiant’s lending service is cross-chain enabled. Collateral posted on chain A may be used as security for a loan on chain B. Radiant’s scalability in terms of blockchains and assets may be enhanced by this addition.

On the 30th of March, 2023, at 07:30 UTC, Binance will launch trading for RDNT spot trading pairs, marking the listing of Radiant Capital (RDNT) in the exchange’s Innovation Zone. RDNT/BTC, RDNT/USDT, and RDNT/TUSD are the Spot Trading Pairs. Moreover, RDNT withdrawals will begin on 3/31/2023 at 07:30 (UTC). Also, until further notice, there will be no maker fees for RDNT/TUSD trades.

New, creative tokens that are more likely to be volatile and risky than other tokens may be traded in the Innovation Zone, a specialized trading area.

Significant Development in Recent Times

Recent results for Radiant Capital have been quite strong and this has been directly linked with the development of the Arbitrum ecosystem. The value of $RDNT soared dramatically after the Arbitrum airdrop, and TVL went from more than 20 million at the beginning of the year to more than 100 million at the end of it. The price increased from $0.01 at the beginning of the year to $0.48 with the release of version 2.

The Cross-chain mechanism and Token economics are two major areas where v2 of Radiant Capital differs from the original. According to CMC, the Radiant Capital price today is $0.429375 USD with a 24-hour trading volume of $68,761,551 USD. Radiant Capital has been up 23.58% in the last 24 hours.

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