A Bitcoin-based decentralized trading and lending platform. Also backed by Collider Ventures and Monday Capital.
Sovryn is a decentralized Bitcoin trading and lending platform that extends the functionality of Bitcoin beyond just a payment mechanism to a more comprehensive financial platform. It allows users to trade, lend, and leverage Bitcoin and other assets without relinquishing control of their private keys, utilizing the RSK sidechain for smart contract functionality. Sovryn is committed to maintaining decentralization and security while providing a user-friendly interface for engaging in various financial activities. The platform's support from Collider Ventures and Monday Capital highlights the growing interest in building decentralized financial services on top of Bitcoin.