Solana's Loopscale Integrates Orca and Raydium LP Tokens for Collateral Use

Solana-based lending protocol Loopscale has announced that LP tokens from Orca and Raydium can now be used as collateral. According to BlockBeats, Loopscale's order book architecture allows for pricing based on the specific conditions of each position, rather than incorporating them into a centralized lending pool model. This credit market infrastructure unlocks over $1 billion in yield liquidity. The system independently evaluates and prices each LP based on multiple variables, including price range, fee levels, and underlying assets.