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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Liquid is a unique settlement network built on a sidechain that enhances the speed and confidentiality of Bitcoin transactions for traders and exchanges, facilitating the creation of various digital assets. Transactions on the Liquid network are finalized in just two minutes, which allows traders to quickly transfer funds between exchanges and personal wallets without enduring lengthy confirmation delays. The platform provides an opportunity for anyone to create new assets, ranging from stablecoins to security tokens. Within Liquid’s ecosystem, these assets can be traded freely while leveraging its robust features for privacy, speed, and secure transactions. By default, details regarding asset types and amounts are concealed on the Liquid sidechain, ensuring that traders' private financial information remains protected from external parties and helping to mitigate risks related to large order front-running. Additionally, the open-source Liquid Swaps Tool enables seamless exchanges between different assets on the network, enhancing liquidity and trading options. This innovative approach not only streamlines transactions but also empowers users with greater control over their digital assets.

Description

Sovryn is committed to maintaining high security standards through regular audits by multiple auditors and a robust bug bounty program. In addition, the platform plans to introduce more secure oracles to enhance decentralization further. To safeguard against the risks of undercollateralized loans, an insurance fund is maintained, to which 10% of interest generated is contributed. Upholding one of the core tenets of decentralized finance, Sovryn emphasizes interoperability and the creation of open-source code. Users can transact seamlessly using bitcoin directly from their wallets, eliminating any friction in the process. All transactions are processed on the bitcoin blockchain through the RSK bitcoin sidechain. As a decentralized margin trading platform, Sovryn does not require any KYC or AML verification, allowing users to retain their pseudonymity. This system empowers individuals to lend and trade without the need to entrust their keys to a centralized entity. With a focus on user autonomy, Sovryn ensures that your keys, coins, and control remain exclusively in your hands. Borrowers on the platform leverage their bitcoin to establish margin trading positions, effectively borrowing bitcoin from lenders to amplify their trading potential. Through this structure, Sovryn facilitates a dynamic and user-centric trading environment.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Bitcoin Yes 
BitMEX Yes 
BitcoinOS No 
Bitfinex Yes 
Bitso Yes 
Debifi Yes 
GOPAX Yes 
HTX Yes 
Hodl Hodl Yes 
Ledger Yes 
OKCoin Yes 
OpenNode Yes 
Paymium Yes 
Rootstock No 
Unocoin Yes 
Wyre Yes 
Xapo Bank Yes 
Zaif Yes 
bitbank Yes 
coinone Yes 

Integrations

Bitcoin Yes 
BitMEX No 
BitcoinOS Yes 
Bitfinex No 
Bitso No 
Debifi No 
GOPAX No 
HTX No 
Hodl Hodl No 
Ledger No 
OKCoin No 
OpenNode No 
Paymium No 
Rootstock Yes 
Unocoin No 
Wyre No 
Xapo Bank No 
Zaif No 
bitbank No 
coinone No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

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) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Blockstream

Founded

2014

Country

United States

Website

blockstream.com/liquid/

Vendor Details

Company Name

Sovryn

Founded

2020

Website

www.sovryn.app/

Product Features

Product Features

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