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Sovryn is a non-custodial and permissionless smart contract-based system for Bitcoin lending, borrowing and margin trading. A DeFi platform for Bitcoiners, Sovryn has been live on RSK mainnet for roughly three months now, allowing users to trade Bitcoin natively and permissionless on a decentralized application. Without trusting a centralized entity or buying an altcoin, you can finally trade Bitcoin and power the system with Bitcoin.

Website: sovryn.app
Source code: github.com
Discussion: t.me

Project details

Role of tokenUtility
Token typeRSK Blockchain
Hardware walletNo


Total tokens100000000




by @SovrynBTC 0 followers

🛠️ Sovryn devs have fixed a frontend bug that was preventing users from closing margin positions Thank you to the community members who spotted and reported the issue 🙏 Stay Sovryn!

1/ Sending a huge shout-out to @graphprotocol for providing the best #blockchain data tools in #DeFi.🔥 We’ve been burning the midnight oil over the past few months on a huge initiative: Integration with The Graph! Check out our latest Release Notes... https://t.co/MqjQBxSZh5

dApp maintenance mode has been lifted and the deployment associated with it postponed for a future date. 🔧 More updates to follow soon!

Sovryns - Assemble! Join us at our 45th Community Call at 3pm UTC! Massive round of updates, including a sneak peak of the upcoming new website and branding. Discord: https://t.co/zI5NWLEJ5X YouTube: https://t.co/F7Dp01mjCV

Trading functionality on the Sovryn dApp will be put into maintenance for a short period tomorrow at 12 UTC. (the 4th of August). Further information to be announced at the time of release! ⚙️ https://t.co/tSRMcOQkpI


📣Perpetual Futures are LIVE on Sovryn! Another major milestone for Sovryn and the Bitcoin #DeFi ecosystem. Our mission is to provide anyone, anywhere with the tools for financial self-sovereignty. Add another string to your #Bitcoin bow. https://t.co/lNT4yzHbYP

Perpetual Futures are now LIVE on Sovryn and open to everyone. Are you curious about Perp futures but want to learn more? Check out our interview with @vasiserch who tells us about building #PerpetualFutures the Sovryn way https://t.co/VqDUGsaXFX

Given the demand for 0% interest loans on #Bitcoin , we’re increasing the onboarding of new users onto Zero to 200 per day. People’s eyes are being opened to the need for maintaining control over their funds and private data. Get off CeFi. #GetOnZero https://t.co/1o04SO3dyj

Congratulations to the Perpetual Futures trading competition winners! 📣 A big thanks to everyone who participated. We hope you had a blast. The winners are…⬇️ https://t.co/DnxC3v70ey


📣A message from Dr. T-vl... In just over a month we have reached a TVL of over $1 million in bitcoin on Zero. And it’s not even fully open to the public yet! Zero allows you to borrow against your bitcoin at 0% interest. #GetOnZero Join the waitlist: https://t.co/1o04SO3dyjhttps://t.co/68WJWRkE8h


Come one - come all! 📢 Join us for our 44th community call tomorrow, to hear the latest on Zero, Circle of Tokens Proposal #2 , #Trading Competitions, and much more. See you there! Sovryn Discord Community Chat Thursday, July 21st, 3pm UTC https://t.co/05GbfLCMf0https://t.co/Y22clZ49CG



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