Onchain credit and vault infrastructure for tokenized assets
Loopscale is Formation’s credit and vault stack: an order-book matching borrowers and lenders for fixed-rate loans with asset-specific terms, plus Earn Vaults and asset curation for allocators. Formation says Loopscale has facilitated more than $2 billion in loans and holds over $150 million in deposits. The Loopscale app continues after the Orca–Loopscale merger into Formation.