Loop Liquidity Pool - WETH (lpETH) is currently priced at $2,534.81 USD. It has a market capitalization of $239,050.907. Fully diluted valuation: $168,838.553. Circulating supply is 94.307 lpETH. Total supply is 66.608 lpETH.
| Market Cap | $239.1K |
|---|---|
| Fully Diluted | $168.8K |
| Market Cap | Fully Diluted |
|---|---|
| $239.1K | $168.8K |
Loop is a dedicated lending market for Ethereum carry trades. Users can supply a long tail of Liquid Restaking derivatives (e.g., Pendle LP tokens) as collateral to borrow ETH for increased yield and points exposure.
The interest charged to borrowers is distributed among ETH-lenders or lpETH stakers and dLP-lockers, thus rewarding high protocol-alignment that allows Loop to scale.
- Lenders receive back a receipt token, lpETH, that can be used throughout DeFi or be staked to earn passive yield in ETH.
- Loopers can borrow ETH against yielding LRT derivatives to perform carry trades for ETH-based yields.
- dLP Lockers can lock the protocol’s governance token, LOOP, into a Dynamic Liquidity (dLP) position to earn protocol revenue.