Soil (SOIL): What It Is, Uses and Risks

Soil is described as a blockchain-based lending protocol that connects established companies that need financing with crypto users who want to lend stablecoins. The project says the loans are tied to real-world assets and corporate debt or fixed-income deals that exist off-chain, so yield is meant to come from those assets rather than from token trading. The project describes itself as a fully regulated DeFi protocol. That is the project's own wording, and this page has not verified its regulatory status, so readers should check any claim of regulation against primary sources and official documents. Soil is grouped under real-world asset (RWA) tokens, a niche where traditional debt and financial instruments are represented on blockchains. Public reporting also describe Soil as a debt marketplace, which matches the project's own description. Because lending of this kind involves borrowers outside the blockchain and off-chain collateral, outcomes depend on those external arrangements as well as on the code.

the public information available here do not clearly set out one fixed purpose for the SOIL token. The whitepaper summary in public reporting says the token is designed to mimic real-world soil loss, becoming scarcer over time, and to reward users for sustainable behaviour. A separate social media post says a SOIL token is coming and is designed for holders who allocate into RLUSD and XRP vaults on the XRP Ledger. That post is a project claim, and the token's launch status and mechanics are not confirmed by public data. Other sources describe SOIL as a token used within the protocol's ecosystem, but they do not give details that can be checked here. Readers should not assume the token gives governance rights, fee sharing, or yield without reading the current official documentation. If the mechanics are unclear, treat the token's role as unproven.

As of 2026-11-05, the data shows a price of about $0.12 per SOIL and a market capitalisation of about $9.7 million, ranked around 1,270th by market cap. The fully diluted valuation is about $12.4 million. Roughly 77.9 million tokens are in circulation out of a total and maximum supply of 100 million. Some older public reporting lists a different supply figure, so the circulating number should be checked against a live source before use. Trading volume over 24 hours was small, at about $39,668 at the time of writing, which can mean prices move sharply on modest trades. The token reached an all-time high of about $3.97 on 2024-03-28 and an all-time low of about $0.061 on 2026-06-25. Over the past year the price rose about 22 percent, while the seven-day move was a fall of about 2.8 percent. These figures change constantly and are not a guide to future value.

Soil's issuance is listed on Polygon and Ethereum. Neither is the native chain of the token, so SOIL depends on those networks for its contract and transfers. Each deployment carries its own bridging and smart contract risks, and a bug or exploit on either network or in the Soil contracts could affect holders. Lending protocols tied to real-world assets carry additional risks: borrowers may default, off-chain collateral may be hard to recover, and legal or regulatory changes could affect how loans work in different countries. The token's price is also volatile, with a low trading volume and a large drop from its 2024 peak. Holders should only commit money they can afford to lose. To store SOIL, use a wallet you control, confirm the token contract address against official sources before buying, and be wary of fake tokens and phishing sites that copy the name.