I. Structural Pain Points of BNB Chain Lending Market and the Breakthrough Logic of ListaLending As a leading public chain with a TVL exceeding $5 billion, BNB Chain's DeFi ecosystem has long faced the issue of lagging development in lending services. As of March 2025, its lending market TVL only accounts for 34.8% of the total chain (approximately $1.855 billion), far lower than Ethereum's 50% share. This gap arises from the three major bottlenecks of traditional lending protocols (such as Venus): single collateral, low capital efficiency, and risk centralization. ListaLending addresses these pain points through the following innovative mechanisms: 1. P2P dual-layer architecture: Splitting the liquidity pool into a 'treasury layer' and a 'market layer', the former aggregates asset supply, while the latter allocates it on demand to different lending markets. This design raises capital utilization to 90%, far exceeding the 50% level of traditional pool models.
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