Resources
FAQ
See the Loops FAQ and Points FAQ for additional answers to common questions.
About Loopscale
What is Loopscale? How is it different from other lending protocols?
What is Loopscale? How is it different from other lending protocols?
Loopscale is a lending protocol on Solana built around an order book model instead of pooled lending. This allows users to customize loans, match directly with counterparties, and avoid shared liquidity risks.
Unlike traditional lending platforms where assets are pooled and rates are dynamically set by utilization, Loopscale offers fixed-rate, fixed-term loans with transparent pricing and isolated risk per market. Learn more here: Why Loopscale
What kinds of assets can I use on Loopscale?
What kinds of assets can I use on Loopscale?
Loopscale supports any token primitive on Solana, including SPL tokens, Token-2022 assets, LP tokens, staked assets, and even external yield-bearing tokens.Collateral support varies by loan market, and each is managed independently—see current options on the Markets page.
Has Loopscale been audited?
Has Loopscale been audited?
Yes. Loopscale has been audited and is currently undergoing additional audits.
All critical and high-risk issues identified have been fixed.
Is there a Loopscale token or airdrop?
Is there a Loopscale token or airdrop?
No token or airdrop has been announced. Anyone
claiming to offer one is not affiliated with the Loopscale team. Stay safe and
avoid scams.
Has Loopscale raised funds?
Has Loopscale raised funds?
Yes. In 2021, when Loopscale was known as Bridgesplit, the company raised $4.25M from CoinFund, Jump, Coinbase Ventures, Solana Ventures, and Room40. More information about this funding round is available in this press release.
Using Loopscale
What happens if I don’t repay my loan on time?
What happens if I don’t repay my loan on time?
Loans on Loopscale are fixed-duration and can be automatically refinanced when they expire. If refinancing isn’t possible (e.g., no matching lenders), a 2-day grace period is provided before liquidation.If still unpaid after that, the protocol liquidates just enough collateral to restore the health factor. Excess collateral is returned to the borrower.
Can I withdraw from a lending position early?
Can I withdraw from a lending position early?
Yes. You can withdraw unused liquidity from your lending position at any time. If a loan is active, you can also “sell” the loan early on the order book to withdraw your capital and accrued interest.Learn more about Advanced Lending here: Managing lending positions
Why do I pay a small SOL fee when opening a position?
Why do I pay a small SOL fee when opening a position?
Opening a position on Solana creates a new account, which requires a “rent” deposit. This rent is fully refundable when you delete the position later.Learn more about rent here: Solana Accounts
What happens at the end of a fixed-term loan?
What happens at the end of a fixed-term loan?
If auto-refinancing is enabled, your loan will roll over at the current market rate. If disabled, the loan will expire and must be repaid to avoid liquidation.You can toggle auto-refinance from your Portfolio.
What oracles does Loopscale use?
What oracles does Loopscale use?
Loopscale uses Pyth as its primary oracle for pricing debt assets. For more complex assets like PT tokens, it integrates directly with Exponent and other protocol-native price feeds to determine collateral value.These sources are used in tandem to calculate LTV and determine health.
How are liquidations handled?
How are liquidations handled?
Only the minimum amount of collateral required to restore a healthy LTV is liquidated. Loopscale does not liquidate full collateral unless necessary to repay the lender.Liquidation mechanisms use real-time oracles, price smoothing, and internal auction systems to ensure fairness and prevent over-liquidation.
How can I tell if I'm borrowing from a Vault?
How can I tell if I'm borrowing from a Vault?
This information will soon be visible in the UI. For now, most Loops and lending activity use vault liquidity by default if available.If you want to avoid Vault exposure or customize your lender, you can use Advanced Lending.
What's the 'Points' system and how do I earn them?
What's the 'Points' system and how do I earn them?
Loopscale Points are a way to track participation and usage of the protocol. You earn points for lending, borrowing, looping, and referrals. Some assets or Loops offer external points from partners like marginfi, Adrastea, or Solana Hub.Learn more here: Points
Where can I get help or report an issue?
Where can I get help or report an issue?
You can open a support ticket via the Loopscale
Discord. Please include your wallet address and
a description of the issue to help us assist you quickly.