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What is pTokens?

pTokens facilitate the effortless teleportation of tokens between various blockchains, ensuring a smooth liquidity experience. The idea of liquidity is now truly liberated! Each pToken is crafted to maintain a visible connection to its corresponding token, thereby creating a trustless two-way peg. This design allows developers to build innovative tools without constraints, as pTokens enhance cross-chain composability. Tailored specifically for decentralized finance, this system guarantees transparency through a decentralized mechanism. Users can conveniently engage with the pTokens DApp to either peg-in or peg-out their assets. A network of secure environments plays a crucial role in verifying the amount of underlying assets locked, which in turn triggers the minting of pTokens via Multi-Party Computation. After the minting process, the new pTokens become instantly available for user transactions. Importantly, every pToken is fully collateralized by its underlying asset, providing users with the ability to redeem their tokens at any time and ensuring both flexibility and security. This groundbreaking method of token management paves the way for a multitude of opportunities for participants in the DeFi ecosystem, enhancing their overall experience and engagement.

What is Fulcrum?

Fulcrum emerges as a powerful decentralized finance (DeFi) platform specifically designed for tokenized lending and margin trading. As a fully decentralized entity, it does away with any need for verification processes, such as Know Your Customer (KYC) or Anti-Money Laundering (AML) checks, allowing users to engage in lending or trading with complete autonomy over their keys and assets, thanks to its non-custodial model. The innovative platform offers iTokens, which enable users to earn interest on funds they borrow, as well as pTokens that enhance the composability of margin positions. In cases where positions are undercollateralized, only a fraction is liquidated, raising the margin maintenance from 15% to 25%. This design not only safeguards users' investments but also contributes to a smoother trading experience through automatic position renewals and the elimination of rollover fees. The underlying bZx protocol has been meticulously audited by the reputable blockchain security firm ZK Labs, affirming its integrity and reliability. For price accuracy, Fulcrum leverages Chainlink’s decentralized oracle network, ensuring that users receive the most up-to-date information. Furthermore, if any undercollateralized loans are not liquidated properly, lenders are protected through compensation derived from a reserve that allocates 10% of borrowers' interest payments, which not only secures lenders but also bolsters the trading ecosystem’s overall safety and efficiency. Ultimately, Fulcrum combines user empowerment with robust security measures to create a compelling environment for DeFi participants.

Media

Media

Integrations Supported

Fortmatic
Authereum
Bitfinex
Causal
Coinbase Wallet
DMEX
DeBank
Eidoo Wallet
Equilibrium
Ethereum
Kyber Network
Ledger
MetaMask
PIZZA.FINANCE
ParaSwap
Polygon (Matic)
Portis
Trust Wallet
Zoho Directory

Integrations Supported

Fortmatic
Authereum
Bitfinex
Causal
Coinbase Wallet
DMEX
DeBank
Eidoo Wallet
Equilibrium
Ethereum
Kyber Network
Ledger
MetaMask
PIZZA.FINANCE
ParaSwap
Polygon (Matic)
Portis
Trust Wallet
Zoho Directory

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

0.15% trading fee
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

pTokens

Date Founded

2012

Company Website

ptokens.io

Company Facts

Organization Name

Fulcrum

Date Founded

2017

Company Location

United States

Company Website

fulcrum.trade/

Categories and Features

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