Atlendis, a DeFi lending protocol that enables crypto loans without collateral, is partnering with X-Margin, the credit oracle risk engine for trading firms and institutions, to enable capital-efficient crypto borrowing and lending.
The partnership will accelerate the adoption of uncollateralised loans on the blockchain, by using proven methodologies to reduce the inherent risk of DeFi lending.
The Atlendis protocol will create a more capital-efficient environment. X-Margin’s privacy preserving technology will be integrated with the Atlendis protocol. X-Margin will enable the measurement of institutional borrower creditworthiness by computing a credit risk evaluation without revealing the sensitive underlying data.
X-Margin straddles CeFi as well as DeFi applications with a credit oracle for counterparty credit evaluation, encompassing real-time risk monitoring across borrower portfolios, KYC and financial statement analysis. Lenders gain transparency of risk through X-Margin’s privacy-preserving credit oracle, alongside additional security, with optional programmatic control of funds.