The most powerful open finance protocol
Build applications that empower lenders, borrowers, and traders with the most flexible decentralized finance protocol on Ethereum.
Products Built on the bZx Protocol
Fulcrum - DeFi Margin Lending and Trading Platform
Torque - Indefinite-term Loans with Fixed Interest Rates
Our Ecosystem
* DeFi Saver - DeFi Saver is a one-stop management solution for decentralized finance protocols.
* Staked - Staked helps institutional investors reliably and securely compound their crypto through staking and lending.
* Dexwallet - The mobile wallet for decentralized finance
* 1inch - Token Swap Aggregator with the best prices on the DEX market.
* Betoken - Crowd-powered asset management protocol
* eidoo - Fast and easy Multicurrency Wallet and hybrid exchange.
* Alphawallet - The secure, advanced and intuitive Ethereum wallet
* Idle - Maximize your lending returns
* DeFi portfolio - DeFi portfolio tracker & reporting tool for investors
* ParaSwap - ParaSwap aggregates multiple decentralized exchanges.
* Totle - Swap and transfer tokens while automatically getting the best prices from decentralized exchanges.
* DeFiZap - Get instant exposure across multiple DeFi protocols based on your investment goals.
Why Is Decentralized Margin Trading Better?
Minimized Risk
Whether you’re a lender or borrower, you stay in control of your keys. Never worry about opaque centralized exchanges getting hacked or stealing your funds. You can read our audit by ZK Labs here.
Passive Income
Make money with the assets you already hold in your wallet without giving up control of them. Interest rates on margin loans are often much higher than traditional loans while being far safer.
Lower Fees
Traders on centralized exchanges pay higher interest rates to compensate lenders for the risk of the exchange getting hacked. Decentralized margin lending makes trading more affordable.
Everything is Tokenized
iTokens and pTokens are powerful financial primitives. iTokens are tokens that constantly increase in value from earning interest, while pTokens are tokens that represent short and leveraged positions. These iTokens and pTokens can be composed into novel financial products, used as collateral for loans, or listed on any exchanges to instantly enable margin lending and trading.
BZRX Governance Token
Token holders decide how to upgrade the bZx protocol.
How bZx Margin Trading Works
Long Positions
Taking a long position involves a simple swapping of one asset for another. For example, you could swap DAI for ETH because you think ETH will go up in value faster than DAI.
Short Positions
Taking a short position is more complicated. A short position is betting that something will go down over time. Short positions require escrow, leverage, and margin calls.
Leveraged Positions
Leveraged positions use the same mechanics as short positions, but with leveraged positions you’re able to borrow more than you have. For example, you could go 100x long on Ethereum.
You can easily integrate bZx protocol into your exchange, wallet or web3 app.