Bitcoin
Bitcoin (BTC)
$104,131.00 0.29203
Bitcoin price
Ethereum
Ethereum (ETH)
$2,498.11 -1.09958
Ethereum price
BNB
BNB (BNB)
$650.00 -0.92279
BNB price
Solana
Solana (SOL)
$152.06 -1.10644
Solana price
XRP
XRP (XRP)
$2.14 -0.54924
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 2.73803
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000114 1.43272
Pepe price
Bonk
Bonk (BONK)
$0.0000162 2.18716
Bonk price
dogwifhat
dogwifhat (WIF)
$0.826646 3.86987
dogwifhat price
Popcat
Popcat (POPCAT)
$0.356321 0.53423
Popcat price
Bitcoin
Bitcoin (BTC)
$104,131.00 0.29203
Bitcoin price
Ethereum
Ethereum (ETH)
$2,498.11 -1.09958
Ethereum price
BNB
BNB (BNB)
$650.00 -0.92279
BNB price
Solana
Solana (SOL)
$152.06 -1.10644
Solana price
XRP
XRP (XRP)
$2.14 -0.54924
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 2.73803
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000114 1.43272
Pepe price
Bonk
Bonk (BONK)
$0.0000162 2.18716
Bonk price
dogwifhat
dogwifhat (WIF)
$0.826646 3.86987
dogwifhat price
Popcat
Popcat (POPCAT)
$0.356321 0.53423
Popcat price
Bitcoin
Bitcoin (BTC)
$104,131.00 0.29203
Bitcoin price
Ethereum
Ethereum (ETH)
$2,498.11 -1.09958
Ethereum price
BNB
BNB (BNB)
$650.00 -0.92279
BNB price
Solana
Solana (SOL)
$152.06 -1.10644
Solana price
XRP
XRP (XRP)
$2.14 -0.54924
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 2.73803
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000114 1.43272
Pepe price
Bonk
Bonk (BONK)
$0.0000162 2.18716
Bonk price
dogwifhat
dogwifhat (WIF)
$0.826646 3.86987
dogwifhat price
Popcat
Popcat (POPCAT)
$0.356321 0.53423
Popcat price
Bitcoin
Bitcoin (BTC)
$104,131.00 0.29203
Bitcoin price
Ethereum
Ethereum (ETH)
$2,498.11 -1.09958
Ethereum price
BNB
BNB (BNB)
$650.00 -0.92279
BNB price
Solana
Solana (SOL)
$152.06 -1.10644
Solana price
XRP
XRP (XRP)
$2.14 -0.54924
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 2.73803
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000114 1.43272
Pepe price
Bonk
Bonk (BONK)
$0.0000162 2.18716
Bonk price
dogwifhat
dogwifhat (WIF)
$0.826646 3.86987
dogwifhat price
Popcat
Popcat (POPCAT)
$0.356321 0.53423
Popcat price

Lending protocol Echelon launches debt-driven Move appchain

Jayson Derrick
Edited by
News
Lending protocol Echelon launches debt-driven Move appchain

Echelon, a decentralized lending protocol on Aptos, has launched Echelon Chain, a debt-driven Move appchain.

The appchain, built on Initia’s Interwoven Stack, leverages Celestia’s modular blockchain technology, the Echelon team announced on Nov. 28.

Echelon Chain’s debut follows the release of the Echelon Roadmap, highlighting over $100 million in total value locked and $132 million in borrowed assets. The appchain represents Echelon’s strategy to dominate the Move ecosystem’s decentralized finance market.

By integrating Initia’s Interwoven Stack, Echelon Chain brings significant advantages to the ecosystem, including LayerZero onboarding, access to Celestia-native assets, native USDC, and enshrined oracles.

The platform is designed for debt management and capturing modular assets, offering atomic cross-chain composability with Initia layer-1 and a native liquidity hub.

In August this year, Echelon raised $3.5 million in seed funding from venture capital firms led by Amber Group, with participation from Laser Digital, Saison Capital, Re7, Selini Capital, and Interop Ventures.

The funds were earmarked for expanding access to high-performance DeFi and real-world asset markets, introducing cross-chain deposit vaults, and hiring smart contract and full-stack engineers.

Echelon’s public testnet is scheduled for later this year, with the mainnet launch aligned with Initia’s rollout.