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Average Ratings 0 Ratings
Description
Introducing the inaugural non-custodial mobile wallet and peer-to-peer marketplace, dedicated to decentralized stablecoins. Effortlessly trade cryptocurrencies from the Bitcoin, RSK, and Ethereum ecosystems with nearby users, utilizing geolocation features! No prior experience in cryptocurrency is necessary; setting up your wallet is completely free and will remain so indefinitely. Your funds are always at your disposal, with no one but you having access to them. You can establish your wallet and acquire crypto within seconds, making it the first wallet compatible with Bitcoin, RSK, and Ethereum. Your cryptocurrency is strictly yours, allowing you the freedom to transfer them wherever and whenever you choose. Within the app, you can exchange crypto seamlessly, without the need for intermediaries. You can hold your Dollar on Chain (DOC) alongside your DAIs, all while maintaining parity with the dollar. Defiant empowers you to oversee your finances in a decentralized manner, with absolutely no institutions involved, not even us having access to your crypto. Additionally, you have the option to create a new wallet or effortlessly import an existing one into the application, ensuring you have complete control and flexibility over your digital assets. With Defiant, managing your financial future has never been easier or more secure.
Description
Ducat is a Bitcoin-native lending and stablecoin protocol that enables users to borrow against BTC without transferring custody to a centralized lender. The protocol places Bitcoin into a 2-of-2 Taproot vault and allows borrowers to mint UNIT or receive USDC against the value of their collateral. Loan creation, redemptions, liquidations, and other core mechanics are enforced through Bitcoin transactions and Script rather than through an external blockchain or Layer 2 network. Borrowers can select different collateral ratios based on their preferred risk level and can borrow up to 62.5% of the BTC value held in a vault. Ducat charges a one-time 7% minting fee and does not charge ongoing interest on the loan. A dashboard shows collateral ratios, liquidation prices, BTC price updates, and vault health so users can monitor and manage their borrowing positions. UNIT is a dollar-pegged stablecoin backed by overcollateralized Bitcoin and can be transferred through the protocol's ecash layer or exchanged for USDC. The protocol also includes a liquidation system in which participants can recapitalize undercollateralized vaults and receive discounted BTC. Ducat states that every vault and loan can be independently verified on Bitcoin and that the system can operate without custodians, bridges, or wrapped BTC. Ducat is intended for Bitcoin holders, BTC-focused investors, and decentralized finance users seeking non-custodial access to dollar-denominated liquidity.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Bitcoin
Yes
Ethereum
Yes
Maker
Yes
Mesh
Yes
RSK
Yes
Uniswap
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
No
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Defiant
Founded
2019
Website
defiantapp.tech/home/
Vendor Details
Company Name
Ducat Protocol
Founded
2000
Country
United Kingdom
Website
ducatprotocol.com