Instant Loans for your NFTs
Deposit collateral, borrow USDC, repay anytime.
Our mission is to empower users with financial tools that create opportunities while prioritizing risk management.
DeFrag is a lending protocol where borrowers can use NFT assets as collateral to get an instant loan.
How it Works
The protocol automatically insures your NFT assets with a financial instrument called a Put Option. In other words, to receive a loan against your NFTs, the protocol purchases insurance on your behalf via Put Options.
This allows you to get instant liquidity when you borrow, without waiting for another user to accept the terms of your loan. The maximum amount you can borrow depends on the value of NFT assets you have deposited and the available liquidity.
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