DeFi lending protocol Clearpool launches on Arbitrum

According to official sources, the DeFi credit protocol Clearpool has been launched on Arbitrum, and has already issued $18 million in loans to Flow Traders and liquidity provider Bastion Trading. At the same time, Clearpool has received funding in $ARB tokens from the Arbitrum Foundation to support the protocol's development and technical advancement. Since its launch in March 2022, Clearpool has issued over $570 million in loans, with users including cryptocurrency and TradFi institutions such as Wintermute, Jane Street, Fasanara Digital, CoinShares, etc.