Clearpool Mainnet Launch Promises Unsecured Liquidity for Investors

Clearpool, which had been in development since June of last year, aims to to provide a marketplace for institutional unsecured liquidity

article-image

Source: Shutterstock

share

key takeaways

  • Prominent crypto institutions Wintermute, Amber Group and Folkvang have indicated an appetite to borrow up to $90 million on the platform
  • Lenders only require access to a Web3 wallet, which provides both institutions and individuals “equal access” to yield opportunities, Clearpool said

After months of development, decentralized capital markets protocol Clearpool is now live via its mainnet launch on the Ethereum network.

While the project has launched on Ethereum, there are plans to launch via blockchain scaling solution Polygon “soon,” Clearpool said in a release on Tuesday.

The Singapore-based project aims to provide a marketplace for institutional unsecured liquidity that leverages its native token CPOOL. Similar to Maple Finance by design, Clearpool attempts to feed liquidity into capital markets for borrowers and lenders utilizing crypto while providing a return for investors hunting moderate yield.

Clearpool said it has over $100 million of capital committed for deployment via a range of liquidity partners including the likes of CoinShares, GBV Capital, Hex Trust and Sino Global Capital.

“We have been impressed by the team’s vision to increase lending capacity and capital efficiency for borrowers while balancing risk and exposure for lenders,” CoinShares’ Chief Strategy Officer Meltem Demirors said.

“We look forward to providing lending capacity to the market through Clearpool and working with the team to build and deploy new solutions to improve the efficiency of capital across the crypto capital markets ecosystem.”

Single borrower liquidity pools have been set up by crypto institutions Wintermute, Amber Group and Folkvang, all of which have displayed an early borrowing appetite. Amber and Wintermute have indicated their intentions to borrow between $25 and 50 million each, while Folkvang is seeking up to $40 million, per the release.

A further 30 borrowers from “leading crypto and traditional financial institutions” are also expected in the coming months, Clearpool said. Borrowers must complete a “comprehensive” know your customer (KYC) process and pass real-time risk scoring measures as well as be willing to stake solely in CPOOL.

Lenders meanwhile need access to a Web3 wallet connection to gain access, which provides both individual and institutional lenders “equal access” to the yield opportunities. Circle’s USDC on Ethereum is the first asset that can be lent to the protocol’s borrower pools with future plans to launch on multiple chains, the protocol said.

Founded in June of last year by Hex Trust CEO Alessio Quaglini and Robert Alcorn, a former trader at First Abu Dhabi Bank, Clearpool is backed by a number of prominent investors including Sequoia Capital India, Arrington Capital and Sino Global Capital, among others.

“The launch of Clearpool, in less than one year since the project was first conceived, is testament to the strength and capability of the team, community and partners that have come together to build its vision,” Alcorn said.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Unlocked by Template (7).png

Research

Union’s improvements upon Tendermint consensus through CometBLS, coupled with ZK proving through Galois, allow for a broadly scalable, cost efficient, and low latency IBC implementation that is feasibly scalable across every existing blockchain, virtual machine and runtime. The implementation offers modular crosschain interoperability without the need for trusted intermediaries.  

article-image

Kraken’s chief security officer Nick Percoco said the exchange turned the tables on a North Korean hacker

article-image

Or is it approximately the least cypherpunk thing we could do?

article-image

Over 20% of SOL-USD swap volume goes through SolFi

article-image

CEO Vlad Tenev calls expected clarity on listing crypto asset securities “a big opportunity”

article-image

Big Tech pulled US indexes back into the green Thursday, as investors waited for two more Mag 7 first-quarter reports after the bell

article-image

Charts and takeaways from Tuesday’s jobs report and Wednesday’s GDP print, as the economy digests the tariff war