Exploring the Hyperliquid Ecosystem - Cluster

Cluster is the first true omni-chain lending protocol designed for Ethereum (ETH), Solana (SOL), Hyperliquid-based LSDs (LSTs and LRTs), and stablecoins.

It offers a groundbreaking feature: users can add collateral on one chain and borrow up to 95% Loan-to-Value (LTV) on another chain.

 Key Features of Cluster

1/ Unlike most cross-chain lending protocols that only support EVM chains, Cluster extends its capabilities to non-EVM chains like Solana.

2/ Over 80% of Cluster’s codebase is independently developed, with 100% of its cross-chain infrastructure built on LayerZero.

3/ Cluster separates markets into specific categories, such as stablecoin-only or ETH-based LSD-only markets, enabling it to offer higher LTV ratios than competing protocols.

Previously, the project was built on Wormhole but has since transitioned to LayerZero. Now, it is gearing up for rapid expansion into the Hyperliquid ecosystem.

@HyperliquidX @ClusterFi #Hyperliquid_KR