Introduction

Sivo DeFi is a noncustodial credit network built on the Ethereum Virtual Machine (EVM), designed specifically for enterprise-grade credit. It enables lenders, who we call Originators, to exchange tokenized real-world assets (RWAs), such as future revenue, for interest-free credit. Sivo DeFi supports four primary user types: originators, borrowers, capital sources, and developers. Whomever you are, our documentation will guide you through the platform.

Since the cost of generating revenue is typically lower than the revenue itself, this creates a margin that allows credit to be offered at minimal cost—or even interest-free. For example, a borrower with a 50% gross margin could exchange $2,000 in future revenue for $1,000 in credit, effectively costing the borrower just $1,000—the same amount they receive in credit. This model generates enough upside to cover loan repayment while delivering market-leading returns and mitigating the risks of lending to billions of businesses and gig workers globally.

The protocol manages critical functions such as underwriting, liquidity, collateral, servicing, and currency risk, while maintaining low, predictable fees and supporting high transaction volumes without congestion. For a more in-depth view of the protocol and user experience, check out our White Paper.

Sivo DeFi was created by the team at Sivo, a Y Combinator-backed API debt fund that provides capital to leading fintechs worldwide. With $15 billion in demand and zero monetary losses, we're leveraging our expertise, along with the innovative risk strategies used by fintech lenders in challenging markets, to build Sivo DeFi. Our APIs empower both Web3 and Web2 originators to shape the future of lending, while maintaining a structure that’s familiar to private and institutional capital providers alike.

By tokenizing just 3% of the $40 trillion in future revenues from key industries, including the gig economy, the credit exchange market could exceed $1 trillion. Sivo DeFi aims to capture a significant share of this market, delivering value to our community and stakeholders.

Release Schedule:

Waitlist: September 2024
Alpha: Q4 2024
Beta: Q1 2025
v1.x: Weekly releases (2025)