What is Meridiant
Meridiant is a lending venue built for Canton Network. Suppliers earn yield by providing an asset. Borrowers draw that asset against collateral they still own. Each market is its own book — one collateral, one loan asset, one price source, one risk profile.
It is over-collateralized credit, not a pooled money market in the Ethereum sense, and not a farm. The product exists because Canton can do three things public chains cannot do well at once: keep positions private, settle several parties in one transaction, and isolate risk market by market.
In one sentence
Isolated-market lending, engineered for Canton — position privacy by default, atomic settlement, and no shared risk across markets.
Who it is for
Meridiant is built for people and institutions who want to lend or borrow Canton-native assets without publishing their book to the world. Funds, desks, and market makers that will not put size on a transparent chain are the reason the design looks the way it does.
Retail users can use the same markets. The protocol does not treat them as a different class of participant.
What you can do
| If you… | You… |
|---|---|
| Supply | Deposit the market's loan asset and earn interest as borrowers pay it. |
| Borrow | Lock collateral you still own, and draw the loan asset against it. |
| Repay | Return what you owe at any time and, once the loan is closed, take your collateral back. |
| Liquidate | Repay an unsafe loan and receive discounted collateral — anyone may do this. |
You never lend into a single shared pool that spans every asset. You pick a market. Trouble in one market stays in that market.
What makes it different
Collateral stays with the borrower. The protocol reserves it as security. It does not take title, and it does not drop everyone's collateral into one honeypot.
Positions are private. A loan is visible to the borrower and the protocol — not to the rest of the network, and not to other markets.
Settlement is atomic. Opening a loan, repaying, or liquidating either completes in full or does not happen. There is no half-moved collateral and no half-paid debt.
Markets do not share fate. Each market has its own liquidity, its own oracle, and its own risk parameters. Adding a pair adds a new book; it does not change the ones already live.
How to read these docs
These pages are a high-level introduction — what Meridiant is, how lending works here, who is involved, and what we are building. They are not a protocol specification.
- New here → keep reading Why Canton, then How it works.
- Want the people and roles → Who's involved.
- Want the product path → What we are building.