A new era of DeFi is upon us.

Lend, borrow, leverage and earn - across all of DeFi. EVM and non-EVM alike.

No more siloed markets.

No more prefixes & suffixes on assets.

No more having to bridge to use your assets cross-chain.

Base, Ethereum, Arbitrum and Optimism.

Solana, Monad, Fraxchain, and many more on the way.

DeFi 2.0 is now.

Check out the testnet here.

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We’re building Pike - a natively cross-chain lending market.

Unlike traditional protocols, where markets are only able to be used and leveraged against on a single chain, Pike allows users to have access to all liquidity and assets across any chain. This allows latent liquidity to always be able to be leveraged and eliminates the need for both compromises within your DeFi journey, but also a whole slew of security risks associated with bridges.

Read on below to learn more about the testnet, as well as guides!

What we want from you, the community

With our testnet, you’ll be able to explore this new generation of lending and DeFi and how a natively cross-chain protocol actually functions, and how enjoyable it is to use.

We want you to test out functions and flows, and explore every corner of the Pike application. While we’ve worked hard to eliminate bugs, it’s still a work-in-progress and would truly appreciate any input from the community to identify issues and errors. Feel free to also suggest changes and upgrades to the dapp to improve the UX and intuitiveness of the product!

Everyone who joins Pike’s Discord (and gets verified) between now and when we end the testnet (sometime during January) will receive the “Early” role which will entitle you to ██ ███████ █████.

To access this, simply go to Pike’s Guild at https://guild.xyz/pike and claim the Early role.

What you’ll be able to do

• Mint faucet tokens: Grab some $USDC on any chain, as well as$ ETH and protocol tokens like $ARB and $OP.

• Deposit assets as collateral: Supply assets to earn interest yield.

• Borrow against these assets on other chains: While you’re earning yield, leverage against those assets and borrow any asset on any chain supported by Pike.

• Repay loans: When you’re done with the assets you’ve borrowed, or simple need your collateral back - repay loans easily and quickly.

• Withdraw collateral: Simply withdraw your supplied assets.

Supported assets and networks

We’re starting with just a handful of common assets you’d be familiar with. Something we’d love to facilitate is network tokens like $ARB and $OP having more utility, and a great way to introduce our support of their respective chains.

• ETH & USDC on Ethereum

• USDC on Base

• OP & USDC on Optimism

• ARB & USDC on Arbitrum

Thank you for supporting Pike, and we’re so excited you’re joining us on this journey to mainnet!

Guides & Walkthroughs

Faucet and Minting Tokens

Click on Faucet, where you’ll be shown this page.

Click on the USDC faucet will redirect you to Circle’s official testnet faucet, where you can get USDC and EURC on any support Goerli chain. We’d recommend getting some on Base Goerli, Ethereum Goerli, Optimism Goerli and Arbitrum Goerli.

Next, you’ll need some Ethereum for gas on each of the chains. So go ahead and click on the Faucet button where you’ll be redirected to Moralis faucet list and can acquire ETH on the relevant networks. Alternatively, you can use Quicknode and acquire ETH all in the same place.

Next, to acquire OP and ARB, simply click “Request” and Pike will automatically transfer you the tokens for use within the testnet. A transaction confirmation request will pop up in your wallet, and a success notification once it’s complete.

Supplying Assets

From the Dashboard page, select the asset you wish to deposit then click on the “Supply” button

Switch to the network on which your supplied assets are

Enter the amount you'd like to supply, approve the amount, and then click the “Supply” button to submit your transaction.

Once the transaction is confirmed, your supply is successfully registered and you begin earning interest.

Borrowing Assets

Head to the “Assets to borrow” section on the Dashboard and click on “Borrow” button for the asset you want to borrow.

Select how much of the asset you’d like to borrow, as well as on which chain, then click “Borrow”.

You’ll then be greeted with a progress page so you can monitor the current state of your transaction.

Once complete, you’ll see a success popup, with information about the APY, your health factor, how much you’ve borrowed, as well as a link to the transaction within the relevant block scanner.

Repaying a debt

Head to the “Your Borrows” section on the Dashboard and click “Repay” for the asset you’d like to repay.

Switch networks if not on the correct one, then select how much you’d like to repay. Approve the transaction, then click “Repay”.

Confirm the transaction and you’ll be greeted with another progress screen.

Once complete, you’ll receive a success screen, with relevant information such as the amount repaid, the updated health factor, remaining debt, and a link to the transaction.

Withdrawing Collateral

In the “Your Supplies” section on the dashboard, click the “-” button on the asset you’d like to withdraw to your wallet.

Select how much of the asset you’d like to withdraw, then click “Withdraw”.

You’ll be met with a progress screen once again.

Once complete, you’ll be met with a success screen and your assets will now be in your wallet.

About Pike

Pike is a Universal Liquidity Protocol; it is designed to unleash utility for native assets by aggregating liquidity across blockchain networks.

Pike’s vision is to become a universal liquidity layer that enables frictionless movement and accessibility of native assets across ecosystems. Pike is built on top of Wormhole’s Cross-Chain Data Messaging and Circle’s Cross-Chain Transfer Protocol (CCTP).

One fundamental primitive of Pike is to enable users to supply native assets on source chains and borrow native assets destination chains without interacting with cross-chain bridges and handling wrapped assets.

Learn more at: https://www.pike.finance/

Circle Interview:

Circle Demo:

Twitter Space with Wormhole & Circle:

Circle X Wormhole Grant Announcement:

About Circle

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is the issuer of USDC and EURC - highly liquid, interoperable, and trusted money protocols on the internet. Circle’s open and programmable platform and APIs make it easy for organizations to run their internet-scale business, whether it is making international payments, building globally-accessible Web3 apps or managing their internal treasury. Learn more at https://circle.com 

About Wormhole

The Wormhole Foundation is the steward of Wormhole - the world’s first generalized messaging protocol. Their mission is to empower passionate people in the research and development of blockchain interoperability technologies.

Through grants, research, and ecosystem programs, they seek to enable teams to build secure, open-source, and decentralized products within the Wormhole ecosystem.

Learn more at https://wormhole.foundation or learn about the protocol at https://wormhole.com