Ionic Protocol
Decentralized lending and borrowing protocol native to Mode Network.
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
Ionic Protocol Price Chart
About Ionic Protocol
Ionic Protocol is the flagship decentralized lending and borrowing protocol on Mode Network, an Ethereum Layer 2 built on the OP Stack. Ionic allows users to supply assets as collateral and borrow against them, earning yield on supplied assets while accessing liquidity without selling. The protocol launched as Mode Network's native money market, benefiting from Mode's focus on DeFi and its sequencer fee sharing model that returns revenue to protocol builders and users. The ION governance token enables community control over supported assets, interest rate models, and protocol parameters.
History
How to Swap ION
To swap Ionic Protocol (ION) on SyntheticSwap, no account creation or KYC is required. ION runs on the Ethereum blockchain as an ERC-20 token, compatible with MetaMask, Ledger, Rainbow, and any Web3 wallet. Navigate to SyntheticSwap, choose ION as either source or target, enter your wallet address for the destination asset, and send ION from your personal wallet to the deposit address shown. Swaps typically settle within a few Ethereum block confirmations, and your destination asset lands directly in your specified wallet.
How to Store ION
Store ION in any EVM-compatible wallet such as MetaMask configured for Mode Network. Mode is an Ethereum L2, so standard EVM wallets work with the appropriate network settings.
