Peridot Protocol
  • Introduction
    • Overview
      • What is Peridot?
      • Our Mission & Vision
      • Key Value Propositions
    • Why Cross-Chain DeFi?
      • Current Challenges in DeFi
      • How our Hub & Spoke model addresses these challenges
  • Architecture & Design
    • System Architecture
      • Overview of the Hub & Spoke Model
    • Core Components
      • Compound Based Lending & Borrowing Modules
      • Wormhole Integration: Token Transfer with Payload
      • On-Chain Accounting & Interest Rate Models
    • Integration Details
  • Easy Mode: Onramp & Offramp for New Users
    • Overview of Easy Mode
    • Goals
    • Key Features
  • Contact
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On this page
  • The Problem Today
  • The Peridot Solution
  • Why It Matters
  1. Introduction

Why Cross-Chain DeFi?

The Problem Today

  • Users are locked into the chain they deposit on.

  • Liquidity is fragmented across dozens of isolated ecosystems.

  • Manual bridging is risky, slow, and confusing for newcomers.

  • Earning yield or borrowing assets across chains requires advanced knowledge and tools.

These limitations create friction, reduce capital efficiency, and deter mass adoption.

The Peridot Solution

Peridot solves these issues with a Hub & Spoke model powered by Wormhole. This enables:

  • Deposit collateral on one chain (e.g., Solana)

  • Borrow on another (e.g., Ethereum or Sei)

  • All through a single, seamless user interface

By centralizing accounting and liquidity in one place (the Hub), and allowing users to interact from any chain (the Spokes), we unlock true capital mobility across the Web3 ecosystem.

Why It Matters

  • Capital Efficiency: Assets on any chain can be put to work across ecosystems.

  • User Simplicity: Interact from your preferred chain — no bridges, no switching wallets.

  • Composability: Developers can build on top of a unified lending layer that spans chains.

Cross-chain DeFi isn’t the future — it’s the now. Peridot is making it usable, secure, and accessible to all.

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Last updated 10 days ago