Equalizer: DeFi Flash Loans Made Easy

Flash Loans 101

A flash loan is a loan mechanism within the decentralized finance (DeFi) realm that permits individuals to secure assets without the need for collateral or a credit assessment. The borrowed amount must be returned within the same transaction block.

Flash loans have become a favored tool for crypto day traders trying to capitalize on fast-paced market shifts. In the DeFi space, these loans play a role in arbitrage, market liquidations, and shifting collateral.

• Arbitrage: Users borrow to buy cryptocurrency at a cheaper rate in one market and then offload it at a more favorable rate in another.
• Liquidations: Borrowers leverage the loan to tactically influence a specific cryptocurrency market to their benefit.
• Collateral exchanges: Users utilize the loan to settle an existing debt and then promptly initiate a new loan on more advantageous terms.

About Equalizer

Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand of decentralized lending and borrowing and can boost the trading volume of any listed asset. It offers top benefits over the popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and multi-chain capabilities.

Key Stats

• Total flash loans volume: >$340M
• Followers no on Twitter: >20k
• Telegram Members: >3k

Issues faced before Blast partnership

We had expensive RPC service providers, and sometimes we were reaching the usage limits. When the limit was reached, the front end was not updating anymore. We need big number of calls included in the subscription - as our front end is getting updates a lot of updates from the blockchain.

Most valuable aspects of the Blast partnership

As a platform designed for DeFi Flash Loan Markets, it is vital for us that our infrastructure stays reliable without compromising responsiveness. Given the high volume of API calls that Equalizer performs, it was important that our infrastructure package could accommodate this particular requirement.