Radiant Capital Review 2026: Omnichain Lending After a $50M Hack

Radiant Capital is a decentralized, non-custodial lending protocol that launched in 2022. Its pitch was to pull fragmented DeFi liquidity into one omnichain money market, built on LayerZero and first deployed on Arbitrum and BNB Smart Chain. One search snippet describes it as similar to Aave, and another says the founding team is anonymous.

The protocol is governed by a DAO. The community forum lists a live proposals category, Radiant Foundation Proposals as the main governance route, and a feedback category with 118 topics. The forum currently shows no live proposals, and its tags include fund allocation and remediation.

The backdrop is poor. A community thread reports a roughly $50 million hack, with Radiant working with US law enforcement to freeze assets. The RDNT token is reported down about 96% over the past year, trading around $0.0005 with a market cap under $1 million and daily volume in the low tens of thousands of dollars. Its reported all-time high was about $0.52 in March 2023.

The project's current operating status is not clearly stated in the sources, so anyone considering it should check the official app and announcements directly.

Radiant is a money market. Depositors supply assets to a shared pool and earn interest. Borrowers post collateral and borrow other assets from the same pool, paying interest that varies with how much of the pool is in use. If a borrower's collateral value falls too far, the position can be liquidated.

What set Radiant apart was its omnichain design. Using LayerZero messaging, a user can deposit on one chain and borrow on another, instead of splitting liquidity across separate markets. That cross-chain layer adds risk because it relies on messaging and permissions between chains.

The RDNT token ties into incentives. One governance post says fees feed into the APR for dLP lockers, those who lock RDNT-linked liquidity provider tokens. Protocol changes go through Radiant Foundation Proposals discussed in the DAO forum, then to an on-chain vote.

Radiant does not publish a flat fee schedule in the material reviewed. As in other money markets, costs come from the interest rate paid by borrowers, which varies with supply and demand, and from network gas on the chain you use.

Governance material refers to a fee distribution model approved in RFP-7 that allocates protocol fees in absolute terms, with part feeding dLP locker rewards. Current rates and any protocol fee share would be shown in the Radiant app and in the DAO's proposals.

The protocol is described as non-custodial, so funds sit in smart contracts rather than with a company. That removes some counterparty risk but adds contract and cross-chain risk, and Radiant's omnichain design depends on LayerZero messaging.

A community discussion thread reports a hack of about $50 million and cooperation with US law enforcement to freeze assets. The forum also carries a remediation tag. Audit reports, insurance and a bug bounty are not detailed in the material reviewed, and the team is described as anonymous by one source. A 96% fall in the token over the past year points to heavy loss of confidence. Treat any deposit as high risk.

Radiant suits experienced DeFi users who understand lending, liquidation and cross-chain risk, and who are willing to read governance proposals and check official channels before acting. It is not a fit for beginners or for anyone who cannot accept a possible total loss.