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What is Lidian?

Lidian is a tool for payment companies to compliantly and efficiently move between stablecoins. Users express what they want (intents), liquidity providers compete to offer the best rates, and the protocol helps facilitate execution securely.

How It Works

Lidian operates on three main layers that work together seamlessly:
1

Client Layer

Money movers who want to move between stablecoins and liquidity providers who facilitate those actions
2

Server Layer

Matches intents with quotes, manages the RFQ process, and coordinates orders
3

Blockchain Layer

Smart contracts deployed on blockchains handle the actual deposits, fills, and settlement

Core Components

Smart Contracts

We deploy the same contract suite on each supported blockchain. The Lidian contract handles all swap operations, manages protocol fees, and tracks registered participants.

Intent System

Users create intents expressing what they want to achieve rather than how to achieve it. For example, “I want to swap 1000 USDC on Base for USDT on Polygon” or “I want to convert 500 USDT to USDC on the same chain.”

RFQ (Request for Quote) System

When a user creates an intent, we broadcast it to all registered liquidity providers. They compete to offer the best rates, creating a competitive marketplace for stablecoin swaps.

Cross-Chain Security

For cross-chain swaps, we use LayerZero for secure message passing between chains, ensuring settlement is handled through a secure process.

Philosophy

Our philosophy is simple: Stablecoins represent a better form of money. Our deeper thesis is that there will be many different flavors of stablecoins. The ability to move between all these derivatives will be as difficult as was for countries before federal currencies were adopted. Lidian is the ONLY protocol that exists today designed to support the movement of money onchain for payments, treasury management, remittance, banking, and other critical operations that will require moving between stablecoins.