RWA is one of the most promising tracks in this cycle. Both BlackRock and Morgan are investing extensively in the RWA track. Recently, Clearpool officially launched an impact on the $16 trillion RWA market and launched the first real-world asset (RWA) yield chain Ozean built on Optimism. This is a new L2 blockchain powered by Caldera. It brings innovation to the RWA track through optional compliance layers and user-friendly methods.
The RWA track is expected to develop into a market of US$16 trillion by 2030, but the current total TVL of RWA is only US$4 billion (0.03%), and the market potential is huge.
Current RWA pain points:
① Real-world benefits are captured by stablecoin issuers like Circle and Tether, not end users.
②The RWA protocol lacks composability, and the DeFi user experience is poor, which limits the participation of CeFi and retail investors.
Ozean addresses these challenges by unlocking the power of DeFi for RWAs, paving the way for wider participation and growth.
Clearpool (@ClearpoolFin) is a leading decentralized financial credit market, the first to provide compliant unsecured liquidity to institutions. As a pioneer in the global RWA lending and DeFi credit field, it has issued $590 million in loan funds. The Ozean chain launched this time can seamlessly integrate RWA, revolutionizing decentralized finance in a compliant and user-friendly way, enabling users to automatically earn native returns on the chain.
Currently, the decentralized lending sector is mostly based on over-collateralization, such as AAVE and Compound. Borrowers need to provide collateral that far exceeds the value of their loans, which severely limits the liquidity of institutional borrowers and increases the risk of liquidation in the case of high volatility in crypto asset prices.
However, it is difficult for institutions in the Web3 field (such as crypto hedge funds or market makers) to obtain loan funds from CeFi lending institutions.
Clearpool solves these problems by creating a decentralized capital markets ecosystem where institutions receive unsecured liquidity by assessing their creditworthiness, reputation or other non-collateral criteria such as their historical financial performance or strength of their business model to obtain loans. nature, thereby eliminating the need for overcollateralization and significantly reducing liquidation risk.
This is similar to unsecured loans in the CeFi space, where banks assess borrowers’ credit scores, income, and other financial metrics to issue loans.
Features
1. Decentralized credit market: Clearpool provides a platform that allows borrowers and lenders to interact directly, eliminating traditional financial intermediaries, thereby reducing transaction costs and improving transparency.
2. Borrower whitelist mechanism: Clearpool whitelists borrowers through detailed credit assessment to ensure the credit reliability of borrowers. This mechanism conducts assessments through analysis of operations, financial status and other aspects.
3. Unsecured loans: Clearpool provides unsecured loans, where borrowers can obtain loans without providing collateral. This feature makes the platform more flexible and attracts more borrowers to participate.
4. Prime: This is a fully licensed institutional-grade platform designed to meet the compliance needs of institutional borrowers and lenders. It ensures that all participants undergo KYC and AML checks.
Clearpool's launch of Ozean is a permissionless ETH L2 with an optional compliance layer designed to facilitate RWA interoperability between licensed protocols, thus achieving unprecedented growth in the RWA field. This will give birth to a powerful ecosystem where real assets can be traded or used as collateral, which will provide the necessary infrastructure for institutional adoption and the development of blockchain financial markets.
Automatically earn local income, 5.35% annual interest rate stablecoin income
When users bridge stablecoins to Ozean, they are automatically converted to USDX, a stablecoin backed by U.S. Treasury bills or equivalent assets, issued by @Hex_Trust, a licensed digital asset custodian.
USDX holders can lock their assets in exchange for ozUSD, generating yield for token holders.
The OzUSD yield will be adjusted based on how long the holder locks up the token, with a six-month lockup period yielding an annual interest rate of 5.35%. This on-chain yield curve will facilitate the development of a wide range of financial instruments, including foreign exchange swaps, interest rate swaps, credit default swaps, and more.
USDX will also include the native Gas token of the Ozean chain, while Clearpool’s $CPOOL token supports a native staking mechanism, earning rewards from sorter and blockspace fees as well as the treasury assets that back USDX.
$CPOOL follows a quarterly repurchase and destruction mechanism and is funded by Clearpool protocol revenue. This innovative mechanism ensures that earnings are automatically realigned and returned to users, providing significant and unique advantages over other chains.
RWA Liquidity Layer
Ozean offers an "RWA liquidity layer" called Oxygen (O2). The layer will consist of tokenized treasury assets, #BTC, #ETH, and Ozean on-chain yield tokens. It aims to provide a "unified basket of assets" to facilitate lending, staking, and trading use cases. O2 assets will be rebalanced weekly to maintain target weights.
O2 accumulates value through the yield of lending protocols and tokenized treasuries, and can be staked to earn fees and leverage. This unique design will support stablecoins and lending issued in RWA, thereby improving liquidity and enhancing the financial flexibility of the Ozean ecosystem.
Seamless compliance, CeFi-like experience
Ozean Chain integrates a unified compliance layer, gas abstraction, and a local managed wallet with complete account abstraction. The wallet simplifies blockchain interactions and provides a Web2-like experience, aiming to reduce the friction associated with traditional external account wallets, reduce learning costs, and enable seamless user access.
Partnerships
Clearpool has partnered with Banxa and other institutions to further expand the application scope of its platform. Banxa has borrowed up to 5 million USDT on Clearpool's platform.
Clearpool and Arbitrum Chain’s expansion has issued $18 million in loans to well-known market makers Flow Traders and well-known global digital asset trading company Bastion Trading.
Clearpool has partnered with Avalanche to launch the first credit vault, which offers customizable lending and repayment plans.
data
Clearpool, as the first decentralized credit market, has issued loans of up to 592 million U.S. dollars, and TVL’s head office has locked up as much as 76.94 million U.S. dollars. In the past year, data has grown significantly. TVL growth has increased nearly five times compared to May 23. It is believed that with the launch of Ozean chain, data will achieve rapid growth.
mechanism
The total financing amount of the project is 3 million US dollars, and it has received funding from multiple public chains, including Arbitrum, Mantle, Optimism, etc.
Investment institutions include: Sequoia Capital, HashKey Capital, Arrington Capital, Wintermute, Hex Trust and other well-known institutions.
team
Robert Alcorn is the co-founder and chairman of Clearpool and was previously executive director of First Abu Dhabi Bank.
Alessio Quaglini is the CEO and co-founder of Hex Trust and Clearpool. He holds a degree in quantitative finance from Stanford University and an MBA from UCLA.
Varinder Singh is the Chief Operating Officer of Clearpool and a graduate of the Chinese University of Hong Kong.
Clearpool Token $CPOOL is now live
The current $CPOOL coin price is 0.093 USD.
FDV market value: $93.25 million
MC market value: 56.36 million US dollars
Currently listed exchanges: Gate, Kucoin, Bybit, BingX, Kraken, etc.
Summarize
#Clearpool provides an efficient and transparent trading platform for borrowers and lenders through its decentralized credit market. Its unsecured loans, borrower whitelist mechanism, and innovative products such as the Ozean blockchain and Credit Vaults that are being launched give it a unique competitive advantage in the DeFi field. With the rapid growth of the#RWAmarket, Clearpool is expected to become one of the important players in this field.
