PWN
PWN is a permissionless peer-to-peer DeFi lending protocol with fixed rates, no liquidation risk, and zero fees.
What is PWN?
PWN is a permissionless peer-to-peer DeFi lending protocol that enables fixed-rate loans backed by virtually any digital asset, with no liquidation risk and zero protocol fees. Borrowers can use fungible or non-fungible tokens as collateral, while lenders earn fixed, predictable yield on their own terms. The protocol offers multiple tiers: Hedge Notes for locking in premium yield on convertible notes backed by ETH and BTC, Curated Markets with competitive yields from curated collateral, and a Universal Bazaar for fully customizable p2p deals with limitless collateral and credit options. PWN is trustless, immutable, and operates without oracles or protocol-managed liquidations. It is fully open-source and governed by PWN DAO. The protocol is currently deployed on Ethereum, Polygon, Cronos, and Base.
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PWN alternatives
Explore web3 competitors and apps like PWN.
BendDAO
Arcade
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GondiApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
