# What is Peridot?

Peridot Protocol is a next-generation, cross-chain lending and investment platform designed to unify liquidity across multiple blockchains.

### Built on Interoperability

Peridot is powered by Biconomy, a leading decentralized cross-chain infrastructure, and is architected around a Hub & Spoke model:

* Hub Chain: Serves as the central layer for accounting, interest accrual, liquidation logic, and advanced investment products.
* Spoke Chains: Allow users to interact with the protocol from their preferred blockchain.

**Compound V2 at the Core**

We build on top of Compound V2's proven lending infrastructure, extending its core logic with cross-chain capabilities and sophisticated investment products to reduce development risk and improve capital efficiency.

**Beyond Traditional Lending**

Peridot also features a comprehensive dual investment system offering:

* Call and put positions on yield-bearing assets
* Leveraged investment strategies
* Automated settlement and risk management

Peridot is designed for speed, simplicity, and scale, enabling users to access the best lending and investment opportunities across chains effortlessly.