Symbiotic launches Core V2, transforming into a DeFi shared collateral infrastructure

According to The Block, the Paradigm-supported protocol Symbiotic has officially launched Symbiotic Core V2, transforming from a restaking protocol into infrastructure aimed at the DeFi collateral market.

Core V2 allows various applications such as insurance, credit, and RWA to share a single collateral pool, with each vault able to independently set risk parameters, asset types, positions, and loss conditions, enforced on-chain. Idle funds can be automatically routed to blue-chip lending protocols like Aave and Morpho to earn base yields, and can be called upon when performance is required.

The first product based on Core V2, Liquid Lane, has been used for RWA instant settlement, supporting the early redemption of various tokenized assets for stablecoins; Nexus Mutual plans to use it as reinsurance capacity, while Cap is used to expand institutional credit guarantees.

Symbiotic has previously completed approximately $29 million in Series A funding and $5.8 million in seed funding.

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