RDNT Token and Radiant Capital Protocol Overview
RDNT is the native utility token of the decentralized lending protocol Radiant Capital. Launched in 2022, Radiant Capital's core vision was to build an "Omnichain Money Market" aimed at solving the problem of fragmented liquidity in the DeFi space. It achieved this by leveraging LayerZero's cross-chain messaging protocol and Stargate's stable router interface, allowing users to deposit assets and borrow other supported assets across multiple mainstream blockchains such as Arbitrum, BNB Chain, Ethereum, and Base.
Key Security Incidents and Protocol Decline
Radiant Capital encountered multiple significant security incidents during its development, which had a devastating impact on its operations:
- January 2024 Flash Loan Attack: Radiant Capital suffered a flash loan attack due to a smart contract vulnerability, resulting in losses of approximately $4.5 million.
- October 2024 Major Security Vulnerability: This was the most severe blow to Radiant Capital. The protocol was hit by a major security vulnerability attack, with losses amounting to approximately $50 million to $53 million. Attackers exploited a vulnerability in its 3/11 multisig scheme, manipulating the Safe wallet frontend via malware to control the protocol's Pool Provider contract and upgrade the pool contract to gain access to multi-chain funds.
DAO Operations Cease and Protocol Status
Due to its inability to recover stolen funds from the October 2024 attack, attract new capital, or ensure operational sustainability, Radiant Capital announced in June 2026 that it would cease its DAO operations and active development. The protocol has entered a "maintenance state" until the end of 2026. During this period, users can still withdraw, repay loans, and manage existing positions, and smart contracts and the frontend will remain accessible. However, RDNT token emissions have stopped, and all lending functions on the market have been disabled. Affected by the attack, Radiant's TVL (Total Value Locked) plummeted from $386 million to only about $5 million and has not recovered since. The team stated that it would continue to work on recovering stolen funds and maintain a compensation portal for affected users.
RDNT Token Data and Market Performance
As of September 12, 2026, the current price of the RDNT token is approximately $0.00051 to $0.00052, with a 24-hour trading volume fluctuating between $36,400 and $290,900, and a market capitalization of approximately $735,000 to $754,000. Its circulating supply is about 1.44 billion RDNT, with a maximum supply of 1.5 billion RDNT.
- All-Time High: $0.5853 (September 15, 2022)
- All-Time Low: $0.00025843 (June 14, 2026)
These data reflect a significant depreciation in the value of the RDNT token after the project's shutdown and extremely low market activity.
Market Outlook and Risk Warning
Before the hack, Radiant Capital was considered a strong contender in the Arbitrum lending space by some early supporters, and its omnichain lending vision was highly anticipated. In July 2023, Radiant Capital secured $10 million in early-stage venture capital, including from Binance Labs.
However, after major security incidents and the cessation of DAO operations, market sentiment towards RDNT has turned generally pessimistic. Many analysts and community members believe that Radiant Capital's failure to recover funds from the attack and attract new capital has led to a bleak outlook for the project. This once again highlights that the DeFi sector faces not only price volatility risks but also challenges in recovery capability after smart contract security incidents. Coinbase's prediction tool even shows that RDNT's price could remain at $0.00 in the coming years, reflecting extremely low market expectations for its future value.
Given that the Radiant Capital protocol has ceased active development and entered a maintenance state, the utility of the RDNT token has significantly decreased, and market liquidity is extremely poor. Investors should be fully aware of its high risk and be cautious of potential investment losses.
RDNT Token Trading and Liquidity
Currently, the trading market for this token is almost depleted, lacking effective transactions.
