Introduction
Using Loopscale
Protocol Concepts
Resources
- Risks & Security
- Asset Parameters
- FAQ
- Audits
- Brand Kit
- Disclaimer & Terms
FAQ
See the Loops FAQ and Points FAQ for additional answers to common questions.
About Loopscale
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
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.
Yes. Loopscale has been audited and is currently undergoing additional audits. All critical and high-risk issues identified have been fixed.
No token or airdrop has been announced. Anyone claiming to offer one is not affiliated with the Loopscale team. Stay safe and avoid scams.
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
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.
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
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
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.
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.
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.
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.
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
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.