Collateral is a DeFi payment-gateway project that allows users to collateralize crypto assets at the point of sale, with store, stake, loan, and save functions built into the protocol. Collateral's Twitter Score is 7.7 out of 1000 as of July 2026, ranking #127,417 among 531,432 tracked accounts.
Collateral was founded by Chris Longden and originally built on Polkadot before moving development to Polygon after receiving financial backing from that network. The project operates on Polygon as a crypto-collateralized payment gateway, with COLL serving as its native utility token and COLLG as a secondary governance token earned through staking. In July 2021, Collateral opened registration for a crypto-collateralized debit card, though an agreement with Visa or Mastercard was not finalized at that time.
Collateral conducted a private sale in March 2021 involving twelve venture firms, though the amount raised was not publicly disclosed. Backers include Polygon, Blocksync Ventures, Ex Network, Magnus Capital, Momentum 6, Brilliance Ventures, Master Ventures, X21 Digital, A195, 4SV, AU21, GD10 Ventures, and Lotus Capital. Collateral previously partnered with DuckDAO as a strategic partner and was formerly affiliated with UniFarm.
Collateral announced a token migration for COLL and COLLG held on BNB Chain and Ethereum in June 2023, pausing trading and removing liquidity. The migration required holders to send tokens to a project vault by August 7, 2023, with a replacement airdrop date to be announced. CoinLore labels COLL as inactive, with the last recorded price data from June 28, 2023. Collateral has been mentioned by 35 accounts, with 100 total mentions, and has published 630 posts on the platform.
Who follows Collateral on X?
The accounts that follow Collateral include 27 founders, 6 angel investors, 41 influencers and 13 VCs, among them Mario Nawfal, Matthew Graham, Boxmining, Brian D. Evans, Kyle Chass and Kong Trading.