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What is Sovryn?

Sovryn prioritizes high security standards by conducting regular audits through various auditors and implementing a comprehensive bug bounty program. Moreover, the platform aims to enhance decentralization by introducing more secure oracles in the future. To mitigate the risks associated with undercollateralized loans, an insurance fund is established, which receives 10% of the interest earned. Staying true to one of the fundamental principles of decentralized finance, Sovryn focuses on interoperability and the development of open-source software. Users can effortlessly transact using bitcoin directly from their wallets, which ensures a smooth experience. All transactions occur on the bitcoin blockchain via the RSK bitcoin sidechain, providing an additional layer of security. As a decentralized margin trading platform, Sovryn eliminates the need for KYC or AML checks, allowing users to maintain their anonymity. This approach empowers users to lend and trade without the necessity of handing over their private keys to a centralized authority. By emphasizing user control, Sovryn guarantees that your keys, coins, and overall control are solely yours. Additionally, borrowers can utilize their bitcoin to create margin trading positions, effectively borrowing bitcoin from lenders to enhance their trading capabilities. This innovative structure cultivates a vibrant and user-driven trading atmosphere, fostering a sense of community among participants.

What is Leather?

Leather Wallet is a next-generation Bitcoin wallet purpose-built for earning yield through sBTC rewards, stacking, and integrated DeFi protocols. Unlike custodial platforms, it is fully open-source and non-custodial, ensuring users retain complete control over their assets while accessing a broad range of yield-generating opportunities. With historical yields of 5–8% for sBTC and 6–10% for pooled or liquid stacking with STX, it provides reliable pathways for Bitcoin holders to grow their holdings. Beyond stacking, Leather integrates directly with Stacks-based DeFi protocols, offering access to trading, lending, liquidity, and synthetic assets. These include ALEX for swaps and lending, Bitflow for cross-protocol liquidity, Granite for stablecoin borrowing, Hermetica for synthetic dollars, Velar for trading and launchpads, and Zest Protocol for overcollateralized loans and yield farming. Available on both browser extension and mobile apps, Leather delivers a unified experience across platforms, making it easy for users to engage wherever they are. Educational guides, walkthroughs, and developer documentation help newcomers and builders alike make the most of the ecosystem. With support for advanced features like pool administration and independent stacking, it caters to both casual users and power users. Built by Trust Machines, Leather combines transparency, scalability, and user empowerment. It’s more than a wallet—it’s a gateway to Bitcoin’s expanding DeFi and yield landscape.

Media

Media

Integrations Supported

Bitcoin
ALEX
Arkadiko
BitcoinOS
Brave Browser
Clarinet
Gamma
Google Chrome
Ledger
Lightning Network
Mozilla Firefox
Ordinals
Rootstock
Stacks
Stacks.js
TradePort

Integrations Supported

Bitcoin
ALEX
Arkadiko
BitcoinOS
Brave Browser
Clarinet
Gamma
Google Chrome
Ledger
Lightning Network
Mozilla Firefox
Ordinals
Rootstock
Stacks
Stacks.js
TradePort

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sovryn

Date Founded

2020

Company Website

www.sovryn.app/

Company Facts

Organization Name

Leather Wallet

Date Founded

2021

Company Location

United States

Company Website

leather.io

Categories and Features

Categories and Features

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