RWA · Private Credit · CPOOL
Clearpool runs institutional uncollateralized lending: whitelisted institutional borrowers access dynamic-rate pools where utilization sets interest. It introduced 'Credit Vaults' for permissioned single-borrower exposure; cpUSD is tied to Credit Vault yields.
Institutional uncollateralized lending pools.
CPOOL price
$0.0170
-2.8% 24h
Latest data · 15 min delay
Clearpool is an institutional uncollateralized lending marketplace: KYC-vetted institutional borrowers open dynamic-rate pools that permissionless lenders can fund, with setting the interest rate. Credit Vaults extend the model to permissioned single-borrower exposure with negotiated terms, and cpUSD packages Credit Vault yield. Lenders take real borrower credit risk rather than liquidating positions, so borrower transparency and repayment history are central. CPOOL coordinates governance and incentives.
Permissionless lender side over KYC'd institutional borrowers; utilization-driven rates and single-borrower Credit Vaults.
Permissionless lending platform where anyone can supply USDC/stablecoin liquidity to whitelisted institutional borrowers' single-borrower pools and earn risk-adjusted, uncollateralized yield with no lock-up. Interest rates float with each pool's utilization ratio.
Institutional-grade, KYC/AML-compliant credit marketplace (live on Optimism from Dec 2023) where whitelisted borrowers and lenders transact short-term unsecured credit through non-custodial smart contracts. Compliance/whitelisting handled via SecuritizeID; supports customizable terms, rolling loans, callback provisions and fixed negotiated rates.
Borrower-managed on-chain credit facilities that let institutions set their own parameters (interest rate, maturity, repayment schedule). Portofino Technologies launched the inaugural Credit Vault when Clearpool went live on Base in July 2024.
ERC-20 receipt tokens (similar to LP tokens) minted 1:1 to lenders when they deposit into a borrower-specific pool. cpTokens represent the deposited principal plus interest that accrues every block and are redeemed to withdraw.
Native utility and governance token with a fixed 1 billion supply. Used for protocol governance (voting on parameters such as interest-rate models), staking, borrower whitelisting mechanics, and incentives; also governs the Ozean ecosystem.
Real-World-Asset (RWA) yield Layer-2 chain built on the Optimism OP Stack (via Caldera Rollup-as-a-Service), announced Aug 2024. Uses USDX (a T-bill-backed stablecoin issued with Hex Trust) as the native gas token and auto-distributes native yield on stablecoin balances.
KYC-only borrowers; lender side permissionless (some Credit Vaults gated).
Clearpool$3M seed round (Sept 2021) led by investors including Arrington Capital, HashKey Capital, Hex Trust, Sequoia Capital India, Wintermute and GBV Capital
crypto-fundraising.info: ClearpoolOver $530M in loans originated as of the July 2024 Base launch (originations have grown further since)
Clearpool blog: Launches on BaseFixed maximum supply of 1,000,000,000 (1 billion) CPOOL tokens
CoinMarketCap: ClearpoolHow Clearpool maps onto established TradFi structures, and where it diverges.
Unsecured corporate / interbank lending
Clearpool
Both extend credit to vetted institutional borrowers without collateral, pricing the loan on the borrower's creditworthiness and reputation rather than posted assets.
TradFi analogue
Clearpool executes through non-custodial smart contracts with on-chain transparency and dynamic -based rates, and (in Dynamic pools) lets retail lenders participate permissionlessly, whereas traditional unsecured lending is bank-intermediated, opaque, and restricted to institutional counterparties.
Commercial paper
Clearpool
Both provide short-term, unsecured funding to institutions with interest determined by market demand and issuer credit quality.
TradFi analogue
Clearpool loans are tokenized (cpTokens), settle continuously on-chain, and interest accrues every block, versus standardized fixed-maturity paper cleared through traditional financial infrastructure and rating agencies.
Robert Alcorn
Co-Founder & CEO CFA charterholder and co-founder of Clearpool; previously worked in institutional banking/capital markets. Led the protocol's launch to Ethereum mainnet in March 2022.
Jakob Kronbichler
Co-Founder & Chief Commercial Officer Co-founder who joined Robert Alcorn in June 2021; leads commercial and business-development efforts for the institutional credit marketplace.
Seed
2021-09-28$3M
Key milestones: launches, upgrades, exploits and governance events.
Ethereum mainnet launch
ExecutedPermissionless single-borrower pools go live with Amber Group, Wintermute and Folkvang genesis pools.
SourceClearpool Prime launch (Optimism)
ExecutedCompliant institutional credit marketplace launched on Optimism.
SourceCredit Vaults on Base
ExecutedBorrower-managed Credit Vaults launched on Base with Portofino Technologies as first borrower.
SourceOzean RWA-yield L2 announced
ExecutedRoadmap milestone: purpose-built RWA yield L2 with USDX gas token and native yield distribution.
SourceClearpool is a decentralized institutional credit marketplace that lets vetted, whitelisted institutional borrowers raise uncollateralized (unsecured) on-chain liquidity from lenders. It pioneered permissionless single-borrower liquidity pools and has since expanded into compliant institutional lending (Prime), Credit Vaults, PayFi vaults and the Ozean RWA-yield L2.
Most DeFi lending is . Clearpool provides uncollateralized credit to whitelisted institutions, so loans rely on borrower creditworthiness and off-chain legal agreements rather than posted crypto collateral. This eliminates liquidation mechanics but introduces borrower default (counterparty) risk.
CPOOL is Clearpool's utility and governance token with a fixed supply of 1 billion. It is used for governance voting (e.g. interest-rate model parameters), staking, borrower whitelisting, ecosystem incentives, and it governs the Ozean chain where stakers can earn sequencer fees and treasury yield.
Borrowers have included leading market makers and trading firms such as Wintermute, Amber Group, Folkvang, Fasanara Digital and Portofino Technologies, with lending activity involving major institutions. The protocol has originated well over $500 million in loans since its 2022 launch.
Ozean is Clearpool's Real-World-Asset yield Layer-2, built on the Optimism OP Stack and announced in August 2024. It uses USDX (a Treasury-bill-backed stablecoin issued with Hex Trust) as its native gas token and is designed to distribute native RWA yield to stablecoin holders automatically.
