# What is Fringe Finance?
Fringe Finance's release of V2 introduces key enhancements to its DeFi lending and trading platform, centering [on a new price oracle model](/v2-fringe-finance-platform-docs/fringe-lending/fringe-price-oracle-model.md) to protect against market price manipulation and ensure more reliable pricing. The updated platform also includes a partial liquidation model, reducing costs and market impact on borrowers during liquidations. Additionally, it launches spot margin trading facilities, offering reduced price impacts for traders taking leveraged positions. Fringe is distinct to many other lending platforms in that we do not rehypothecate collateral used to secure borrowing, resulting in greater security for lenders' capital in the event of market downturns and no loss of control for borrowers' collateral assets.
These updates collectively aim to reduce costs, expand the platform's utility, and increase safety for all users. Other key differentiators include support for 150+ assets across five chains, multisig wallet support, a capital-efficient interest rate model and atomic repayments. Fringe V2 represents a commitment to improving the DeFi ecosystem, providing robust, cost-efficient, and secure solutions for a diverse range of users.
**Fringe Finance** is dedicated to **unlocking the capital in both large-cap and speculative cryptoassets** through a **variety of products and services**, including **lending, borrowing, leveraged trading, staking, and other financial facilities**. Holders who believe in the upside price opportunity of their tokens can now **put them to work** instead of just waiting idly for their price to appreciate.
Smaller altcoins are often new or apply to niche use cases. The **capital locked in these smaller altcoin assets** often cannot easily be deployed into the DeFi ecosystem due to a **lack of broad support** by DeFi platforms.
**Fringe Finance solves this problem by accepting a large variety assets including smaller altcoin assets as collateral for loans and also as lending tokens.** Fringe Finance has devised a bespoke protocol to **maintain the stability and financial protection of the platform.**
Fringe Finance continues to deliver on its vision to innovate with solid protocol engineering with future features of **cross-chain collateralization**, **fixed-interest loans**, a **truly decentralized UI**, a **decentralized stablecoin**, and **embedded DeFi insurance**. Our to-date deliveries of broad multi-asset support, multi-chain (Ethereum, Arbitrum, Polygon, Optimism, zkSync), spot margin trading, atomic repayments, a capital-efficient interest rate model, multi-source price feeds, market-manipulation-resistant price stability model, non-rehypothecation safety model, LP token collateral support, partial liquidations and decentralised backend provides a platform rich in features to service the growing crypto economy. The Fringe Finance platform will sustainably adapt through transitioning governance to the Fringe Finance DAO so that its community of stakeholders can best guide its future direction.
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://docs.fringe.fi/v2-fringe-finance-platform-docs/what-is-fringe-finance.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.