What is Clearpool (CPOOL)?

Deep Dive

1. Institutional Credit Marketplace

Clearpool was built to address the growing institutional demand for unsecured liquidity in DeFi (About | Clearpool). It allows vetted institutions like trading firms to borrow stablecoins without over-collateralization, a major pain point in traditional DeFi. Lenders can provide capital to single-borrower pools and earn yield, gaining access to a credit market traditionally closed to retail investors.

2. Expansion into Payment Financing (PayFi)

Building on its credit expertise, Clearpool now powers PayFi—credit rails for the global payments economy (What Is Clearpool | Clearpool). This involves financing short-term working capital loans for fintechs that settle payments in stablecoins but face delays in moving underlying fiat. A key product is cpUSD, a permissionless, yield-bearing asset backed by these PayFi credit vaults and liquid stablecoin reserves.

3. CPOOL Token Utility & Governance

CPOOL is the native utility and governance token. Holders can vote on protocol upgrades and whitelist new borrowers. The token is also used for staking, which allows users to earn rewards and boosts lending yields. For borrowers, staking CPOOL is a required action to create a liquidity pool, aligning incentives within the ecosystem (Buy CPOOL).

Conclusion

Clearpool is fundamentally a builder of on-chain credit infrastructure, evolving from a marketplace for institutional loans to a foundational layer for financing global stablecoin payments. How will its PayFi rails shape the efficiency of cross-border settlements in the coming years?