Purinta

Purinta is a lending protocol focused on memecoins, letting holders deposit them as collateral and borrow stablecoins instead of selling. For someone bullish on a token but short of liquidity, that solves the problem of losing upside the moment they exit.

It does not build its own lending engine, instead running on Morpho's infrastructure with each memecoin as a separate market. Risk work sits with API3, which acts as curator and oracle at once: it decides which tokens qualify for a market and supplies the price feed, addressing the thin quoting that long-tail assets suffer from, while OEV capture returns liquidation value leakage to the protocol. Markets are deployed on Ethereum and the Robinhood chain, reusing the same parameter logic on both. Borrow rates follow utilisation in each market, rising as more of the pool is drawn.