What problem does this service solve?

ETHLend is a P2P lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.

Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum.

Sovryn aims to allow DeFi traders more opportunities to earn interest on their assets by leveraging Bitcoin's larger liquidity pool; as opposed to most DeFi solutions that are built on Ethereum.

Token Stats

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Company Description

ETHLend is developing a decentralized lending network powered by the LEND token. It connects lenders and borrowers in an Ethereum-based lending platform that is more transparent and has lower fees.

AltLending is an institutional, crypto-backed lending platform that makes U.S. Dollar loans that are secured by cryptocurrency assets placed in collateral. AltLending is a subsidiary of Dominion Capital and is based in New York.

Sovryn is a decentralized exchange and derivatives market. It is a permisionless and non-custodial platform for earning interest on Bitcoin and other Bitcoin based currencies. Sovryn is built on the Bitcoin sidechain RSK, and hopes to advance the decentralized finance space by leveraging the larger market cap and liquidity pool of the Bitcoin ecosystem. Traders can trade, borrow, and lend bitcoin, USDT and RSK’s dollar on chain (DOC) stablecoin.

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ETHLend vs AltLending vs Sovryn

ETHLend

AltLending

Sovryn