Related Products
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About
ChainX, the earliest launched project in polkadot ecosystem, ChainX is committed to the research and application of Bitcoin layer 2 expansion, digital asset gateway and Polkadot second-layer relay chain. To realize cross-chain asset exchange, leading the new direction of Bitcoin Cross-DEFi. Bitcoin, with a market capitalization on its way to reaching US$1 Trillion, holds the key to the digital currency world. Its value proposition is enabling further and deeper blockchain technology breakthroughs, validating Bitcoin as a payment method and a superior way of transferring and storing value; in the eyes of many, we have only seen the tip of the iceberg in terms of its full potential. ChainX is deeply committed to researching and expanding Bitcoin’s Layer 2 financial platform, striving to promote Bitcoin’s value flow, enrich financial derivative opportunities and improve hedging tools.
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About
Ducat is a Bitcoin Layer 1 credit and stablecoin protocol that lets BTC holders borrow dollar-pegged assets without giving up custody of their Bitcoin. Users deposit BTC into a non-custodial 2-of-2 Taproot vault and can borrow UNIT or USDC while keeping the loan logic on Bitcoin rather than using bridges, sidechains, or external chains. The protocol offers zero ongoing interest and instead charges a one-time 7% minting service fee when UNIT is created. Borrowers can choose their collateral ratio, monitor their position and liquidation price, and borrow up to 62.5% of the BTC value in a vault. UNIT is a dollar-pegged stablecoin issued on Bitcoin Layer 1 and backed by overcollateralized BTC, with support for conversion to USDC. Ducat is designed for Bitcoin holders who want access to dollar liquidity while retaining exposure to their BTC and using a non-custodial, Bitcoin-native borrowing system.
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Audience
Blockchain developers interested in a powerful layer 2 solution for Bitcoin
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Audience
Bitcoin holders, crypto investors, institutions, and decentralized finance users seeking non-custodial borrowing and dollar liquidity backed by BTC on Bitcoin Layer 1
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Support
Phone Support
Not Supported
24/7 Live Support
Not Supported
Online
Supported
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Support
Phone Support
Not Supported
24/7 Live Support
Not Supported
Online
Not Supported
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API
Offers API
Not Supported
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API
Offers API
Not Supported
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Screenshots and Videos |
Screenshots and VideosNo images available
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Not Supported
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Pricing
No information available.
Free Version
Supported
Free Trial
Supported
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Reviews/
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Reviews/
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Training
Documentation
Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Training
Documentation
Not Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Company InformationChainX
China
www.chainx.org/en/
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Company InformationDucat Protocol
Founded: 2000
United Kingdom
ducatprotocol.com
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Alternatives |
Alternatives |
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Categories |
Categories |
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Integrations
Bitcoin
Supported
Acala
Supported
EOS
Supported
Ethereum
Supported
Koinly
Supported
Polkadot
Supported
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Integrations
Bitcoin
Supported
Acala
Not Supported
EOS
Not Supported
Ethereum
Not Supported
Koinly
Not Supported
Polkadot
Not Supported
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