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BTCC / BTCC Square / Global Cryptocurrency /
Silo Finance V2 Launches on Sonic Network, Enhancing DeFi Lending

Silo Finance V2 Launches on Sonic Network, Enhancing DeFi Lending

Author:
Global Cryptocurrency
Published:
2025-04-30 14:39:02
5
3

Silo Finance, a top 20 lending protocol by total value locked (TVL), has unveiled its V2 upgrade on the Sonic network, introducing significant improvements to decentralized finance (DeFi) lending. The update focuses on isolated pools and enhanced safeguards, aiming to streamline borrowing and lending while mitigating risks.

The protocol, which has facilitated hundreds of millions in loans, emphasizes user-friendly features like Silo Vaults. By avoiding systemic overhauls, Silo V2 builds on its existing non-custodial framework to offer a more secure and efficient lending experience.

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