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 Axelar, 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.
Axelar-Powered Cross-Chain Experience
Peridot uses Axelar's General Message Passing (GMP) to:
Send tokens from the user's chain (Spoke)
Send secure messages to the Hub contract
Mint or borrow tokens on the Hub for lending operations
Enable advanced dual investment strategies across chains
This makes true cross-chain DeFi interaction possible without manual bridging or complex user intervention.
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.
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