Weft Finance WEFT
1. Summary
Limited data
- 100% of the Weft Finance code repositories are forked (originally copied) from another project.
- Price
-
$0.003899910000 -10.2%
- Market Cap
- $0.00 (#11569)
- Supply
- 0.00 / 100.00M
- Tags
- Radix Ecosystem
- Description
-
What is Weft Finance?
What is Weft Finance?
Weft Finance is a decentralized lending and borrowing platform built on the Radix DLT. It provides users with a comprehensive solution for both lending and borrowing by depositing assets and earning interest while using these assets as collateral.
Core Features
- Weft Finance offers a dApp that allows users to deposit assets to earn interest alongside borrowing against these assets.
- Users can create and manage collateralized debt positions using assets deposited on the platform.
- Innovative features include Wefties (NFTs representing loans and collateral) and delegated borrowing, where one user can act as a guarantor for another.
- The platform also includes flexible collateral ratios, which allow for dynamic adjustments to borrowing limits based on various factors.
Target Users
- Weft Finance primarily targets:
- XRD holders seeking to maximize their holdings within the Radix ecosystem.
- Liquidity providers looking to earn yield on their capital by providing liquidity to newly launched dApps.
- The platform is also designed to cater to a broader audience, including those unfamiliar with Radix or decentralized ledger technology.
Real-World Examples
- Users can deposit assets like XRD, earn interest, and use these assets as collateral to borrow stablecoins.
- They can mint Wefties, which are NFTs that represent their collateral.
- Wefties can be transferred, allowing users to decouple their financial activities from their Weft Finance account.
Upcoming Features
- Deployment of a staking/security pool to enhance security.
- Enhancements to the user interface and functionality.
- Loan and collateral swap capabilities.
- The ability to repay loans with collateral (self-liquidation).
- Community toolkits for liquidation bots.
Radix Advantage
- Weft Finance leverages the benefits of the Radix tech stack.
- The platform has received the Babylon Booster Grant and has a strong development roadmap.
| Price | |
| 52W High price | $0.05 |
| 52W High date | 21st Mar 2024 (1 year ago) |
| All Time High (ATH) Date | 2nd Jan 2024 (1 year ago) |
| ATH Price | $0.05 |
| % From ATH | -97.77% |
| All Time Low (ATL) Date | 10th Mar 2025 (1 month ago) |
| ATL Price | $0.001088310000 |
| % From ATL | 3.58% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $4,119.00 |
| Total Supply | 100.00M |
| Max Supply | 100.00M |
WEFT
How does Weft Finance's (WEFT) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-58.3%
WEFT
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Similar Market Cap
60 Day Return
-79.3%
WEFT
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Similar Market Cap
1 Year Return
-96.9%
WEFT
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Similar Market Cap
We're monitoring 9 Weft Finance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Weft Finance Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 0
- Past 12 weeks: 0 commits vs. an average of 5
- Past year: 0 commits vs. an average of 65
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Top Developers 2025
In total, 3 developers have contributed to Weft Finance over the past year. Who are the most active Weft Finance developers, by commits, over the past year?
Related Projects
Developers working on Weft Finance also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
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| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 1,260 |
| Twitter followers | 2,206 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://docs.weft.finance |
|---|---|
| Explorer | https://dashboard.radixdlt.com/resource/resource_r... |
| @Weft_Finance |
What is the correct contract address for Weft Finance?
| Radix | resource_rdx1tk3fxrz75ghllrqhyq8e574rkf4lsq2x5a0vegxwlh3defv225cth3 |
|---|
Has Weft Finance been audited for security?
No security audits found for this project.
Are you the owner of Weft Finance? Edit it here
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