Loopscale is a non-custodial, fixed-rate, order-book-based lending and borrowing protocol built on Solana that was formerly known as Bridgesplit. Loopscale's Twitter Score is 121 out of 1000 (an Excellent rating) as of August 2026, ranking #5,381 (top 5%) among 483,944 tracked accounts.
Loopscale was co-founded by Mary Gooneratne and Luke Truitt and is affiliated with Standard Labs, Inc. The project previously operated under the name Bridgesplit, which raised a $4.5M seed round led by CoinFund and Jump Capital. Loopscale describes itself as a modular, overcollateralized lending platform that matches borrowers and lenders directly through an order book rather than a pooled liquidity model.
Loopscale launched publicly after six months of closed beta, with the team reporting over $750M borrowed and more than 50,000 users waitlisted ahead of open launch. Backers include CoinFund, Solana Ventures, Coinbase Ventures, Jump, and Room40 Ventures. The protocol's Loops 2.0 upgrade reported over $2 billion in cumulative borrowing volume across multiple asset classes, with the Loopscale Router aggregating liquidity across more than 15 venues.
Loopscale was exploited for approximately $5.8M, comprising roughly $5.7M in USDC and 1,200 SOL, which the team reported represented about a 12% TVL impact with TVL around $40M at the time. The protocol temporarily disabled withdrawals and loan repayments following the exploit, with some functions remaining suspended while others were partially restored; the team stated it was working with law enforcement. Loopscale has 38,259 followers as of August 2026 and has published 1,290 posts. Loopscale has been mentioned by 237 accounts a total of 618 times.
Who follows Loopscale on X?
The accounts that follow Loopscale include 413 founders, 116 angel investors, 234 influencers and 11 VCs, among them Toly, Solana, Ansem, Anthony Pompliano, Luca Netz and Tarun Chitra.