Arcade

Arcade is a decentralized finance (DeFi) platform built primarily on Ethereum and the Base Layer 2 network. It focuses on unlocking liquidity for a wide range of digital assets including NFTs, memecoins, real-world assets (RWAs), and ERC20 tokens. The platform enables users to borrow and lend assets through a peer-to-peer marketplace with fully customizable loan terms or by accepting open offers. Arcade supports borrowing against NFTs from ERC-721 and ERC-1155 collections and funds loans with popular ERC-20 tokens such as WETH, USDC, USDT, DAI, and APE.

Designed for DeFi enthusiasts and NFT holders, Arcade addresses the challenge of illiquid NFT assets by allowing owners to leverage their holdings without selling. Lenders benefit by earning yield on their capital by providing loans secured by NFTs or other tokens. The protocol is governed by the ArcadeDAO, a decentralized autonomous organization controlled by $ARCD token holders, which ensures community-driven development and governance.

Arcade differentiates itself by supporting a broad spectrum of collateral types including memecoins and real-world assets, and by offering a non-liquidatable loan model that reduces risk for borrowers. The platform also integrates vaults for instant borrowing and supports collection-wide lending offers. Developers can interact with Arcade through its comprehensive API and testnet environment, enabling integration into third-party dapps or custom tooling. The platform’s recent expansion to Base offers faster and cheaper transactions, enhancing user experience and accessibility.

To get started, users connect their wallets to the Arcade.xyz web app, deposit collateral, and either set custom loan terms or accept existing offers. Lenders can initiate loans instantly or make tailored offers on individual NFTs or entire collections. Extensive documentation and community support via Discord facilitate onboarding and advanced usage.