Radiant Capital protocol

Protocol · PageRank 0.0097

Overview

Radiant Capital is a decentralized lending and borrowing protocol that operates across multiple blockchains using LayerZero for cross-chain messaging. It enables users to supply and borrow assets from a single pool that spans multiple chains. The protocol features its own token, RDNT, used for governance and platform incentives.

On October 16, 2024, Radiant Capital was exploited for roughly $50 million after attackers compromised multiple multisig signers, draining funds from its Arbitrum and BNB Chain markets. Investigators (including Mandiant) attributed the attack to the North Korea-linked group tracked as UNC4736.

Within the DeFi Intel graph, Radiant Capital connects to 1 tracked entity, most strongly to BNB Chain.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).

Relation	Connected entity	Confidence
`deployed_on`	BNB Chain	85%

Frequently asked questions

What was Radiant Capital?

A cross-chain lending and borrowing money market deployed on Arbitrum and BNB Chain, forked from Aave/Compound-style code, with the RDNT token.

How was Radiant hacked in October 2024?

Attackers obtained three of the eleven multisig signer permissions and replaced the lending pool implementation contract, stealing roughly $50 million.

Is Radiant still operating?

No. After failing to recover from the October 2024 exploit, Radiant began a wind-down, leaving the protocol open only for withdrawals, repayments and position management.

Sources

Facts on this page were verified against the following sources.