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Ion Protocol logo
Ion ProtocolION
+5.70%24H
Launched On
2024-02-06
Binance Smart Chain:
0x78071F0D4f640966aeab8b9d49592968eCb8a5Bd
Price$0.0000012689194193438398

Ion Protocol is a price-agnostic lending platform that leverages provable validator-backed data to allow users to borrow ETH against their LSTs and re-staking positions.
All loan positions in Ion are price-agnostic, and their parameters (interest rates, LTVs, position health, etc.) are determined by consensus layer data and secured with ZK data systems.
This means liquidations are triggered by changes in consensus layer state, not by price oracles.

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