Fluid

Credit · Leveraged Yield · FLUID

NetworkCreditLeveraged Yield1 coinsVerified

Fluid (formerly Instadapp) combines lending, vaults and DEX liquidity through a shared liquidity layer, so the same capital can support lending and trading.

Capital-efficient lending + DEX hybrid on a shared liquidity layer.

Protocol TVL

$753.3M

-1.5% 24h

Latest data · 15 min delay

Asset coverage

Collateral, oracles, risk parameters, and deployment facts.

Asset coverage & risk

Collateral assets

ETHwstETHweETHWBTCUSDCUSDT

Loan assets

USDCUSDTETHGHO

Stablecoin exposure

USDCUSDTGHO

Stablecoin exposure (% TVL)

55% of TVL in stables (curated estimate).

Oracles

Chainlink

Risk parameters

Vault-based: per-vault LTV/liquidation thresholds with a smart-debt/smart-collateral design sharing liquidity with the DEX.

Liquidations

Efficient partial liquidations enabled by the shared liquidity layer.

Liquidations (30d)

Partial liquidations via shared liquidity layer.

Bad debt

Minimized via tight liquidation bands and shared liquidity buffers.

Governance activity

FLUID governs the liquidity layer and new vault/DEX markets.

Governance notes

FLUID governs the shared liquidity layer and vault/DEX markets.

Audit / exploit history

Audited; newer architecture so complexity is the main analytical risk.

Chains · EVM: yes

EthereumArbitrumBasePolygon

Deployment notes

Live across EVM chains (Support - Eco).

Member coins & supported assets

FluidFLUID

Governance token (ex-INST)

Token
Research agent