Founder Josh built Peridot after realizing DeFi's core problem: fragmented liquidity and painful capital movement across chains. The bootstrapped team has shipped a Hub & Spoke cross-chain lending protocol live on Stellar and other networks with competitive yields. Next: margin trading, dual investment products, and an AI agent for portfolio guidance.
Josh started as a 19-year-old exploring DeFi, frustrated by fragmented liquidity and constant bridging between chains. He brought together a team with smart contract expertise and traditional finance knowledge, bootstrapped via hackathon winnings instead of VC. The team has shipped repeatedly: eight hackathon wins including Stellar and XDC, plus audits from Certik, Trail of Bits, and OpenZeppelin. Peridot's Hub & Spoke architecture centralizes core lending logic on hub chains while distributing user access across spokes, enabling true cross-chain collateral and borrowing. Live on Stellar with up to 10% APY on early boosted markets. The roadmap includes margin trading, Dual Investment products, and an AI agent powered by LLMs to guide portfolio decisions and risk management.
