Radiant Capital Announces Shutdown of Protocol Following Exploit

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 18 hours ago

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Protocol Shutdown: Radiant Capital announced on June 1, 2026, the shutdown of its decentralized finance protocol due to its inability to recover from a $50 million exploit in October 2024, which caused the total value locked to drop to approximately $75 million.
Recovery Efforts: Despite the shutdown, Radiant Capital stated it will continue attempts to recover funds stolen during the 2024 exploit, allowing affected users to access a remediation portal to seek those funds.
Transition to Maintenance State: The protocol will transition to a maintenance state where users can still access smart contracts, withdraw funds, repay loans, and manage existing positions, but developers will cease system upgrades, indicating no plans for future expansion.
Token Market Reaction: Radiant Capital's native token RDNT fell 8% in the last 24 hours, trading at $0.00136, reflecting negative market sentiment regarding the protocol's closure.

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Technical Analysis for RDNT

Technical Sentiment Analysis for Radiant Capital (RDNT). As of , Radiant Capital (RDNT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 5 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RDNT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, RDNT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Radiant Capital (RDNT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.000577	0.000858	0.00117	0.00145	0.00176	0.00204	0.00235
Fibonacci	0.000858	0.00108	0.00122	0.00145	0.00168	0.00181	0.00204

About RDNT

Capital in DeFi is extremely fragmented across chains, evidenced by the dozens of different money markets, all with their own liquidity.Radiant aims to be an omnichain money market where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains, eliminating the need for silos of liquidity.Radiant’s cross-chain interoperability functions using LayerZero messaging and Stargate's stable router interface. For example, lenders may reclaim their collateral and can direct which chain to withdraw funds from and what percentage they’d like sent to each chain.Radiant aims to solve DeFi 1.0 issues of unpredictable and transient liquidity through its innovative Dynamic Liquidity Providers (dLP) and gated emissions.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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