The most powerful open finance protocol

Build applications that empower lenders, borrowers, and traders with the most flexible decentralized finance protocol on Ethereum.

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Products Built on the bZx Protocol

Our Ecosystem

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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.

Fulcrum Specifications Torque Specifications

BZRX Governance Token

Token holders decide how to upgrade the bZx protocol.

Read more

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.

Try 4x long on fulcrum

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.

Try 4x short on fulcrum

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.

Github Developers docs

History

January, 2020

bZx protocol reached $7.5MM TVL

June, 2020

bZx Protocol v2 smart-contracts released and open-sourced

June, 2020

The BZRX Token Model v3 Revealed

October, 2019

Torque Is Live: The Most Powerful Decentralized Borrowing Platform on Ethereum

October, 2019

bZx Team hosted DeFi Drinks event during Devcon 5 at Osaka, JP

October, 2019

Torque Is Live: The Most Powerful Decentralized Borrowing Platform on Ethereum

October, 2019

bZx Team hosted DeFi Drinks event during Devcon 5 at Osaka, JP

September, 2019

Over 8000 ETH locked in bZx protocol

August, 2019

Fulcrum jumps up to the #3 biggest dApp on Kyber

June, 2019

Fulcrum Launches With Over $750,000 in Liquidity

May 11, 2018

Security audits begin on the bZx protocol contracts.

April 24, 2018

bZx portal and bZx.js library initial release.

April 20, 2018

bZx protocol debuts its fully functional smart contracts onto the Ropsten Testnet.

Feb 11, 2018

bZx officially releases the whitepaper after five months of concurrent coding development. bZx officially announces. “Welcome to bZx” published on Medium.

Late jan-early feb, 2018

bZx sponsors ETHDenver, attracting initial attention.

September 29, 2017

First Github commit in the protocol contracts code repository.

August 5, 2017

Tom Bean and Kyle J Kistner conceive bZx after several months of brainstorming and exploratory efforts.







Team & Advisors

Tom Bean

Founder and CEO

Kyle Kistner

CVO and Operations Lead

Nick Sawinyh

Head of Marketing

Chris Brennan

Lead Community Manager

Rodion Kharabet

Senior Full-Stack Developer

Diana Kovaliova

Frontend Developer

Genka Omyshev

Lead Designer

Casey Fallon

Senior Designer

Manish Singh

bZx Advisor, CIO at Crossbridge Capital

Alexander Khoriaty

bZx Advisor, Project Manager at district0x

Partners & Collaborators

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