Sturdy

Sturdy Finance is a decentralized lending protocol that enables permissionless creation of liquid money markets for any token. Utilizing a two-tier architecture, it isolates risk between assets while maintaining shared liquidity. The first tier comprises siloed lending pairs, each functioning as an independent market with a single lending asset and a single collateral asset, ensuring that lenders in one silo are not exposed to risks from others. The second tier consists of aggregators that distribute deposits across these silos, optimizing yields through AI-driven strategies powered by Sturdy's Bittensor subnet. This design allows lenders to select specific collateral assets for their deposits, offering precise risk management, while borrowers can access funds using a wide range of supported collateral assets. Founded in 2020 and headquartered in Menlo Park, California, Sturdy Finance has secured funding from investors including Pantera Capital, Y Combinator, and SoftBank. The platform has undergone multiple security audits to ensure the safety and reliability of its services. For more information, visit their website at sturdy.finance.