Firyx Protocol

Decentralized non-collateral lending protocol - Built on @Aptos

[Firyx Protocol @firyx_protocol]

Hey everyone! We did it! 🔥
Our team just won a Hyperion Bounty at the Ctrl Move Hackathon!

Huge congratulations to all my amazing teammates — your hard work and creativity made this possible! 🎉🚀

[Corey 🌐 @coreyst_]

Thank you to the Aptos community for your feedback on our recent CTRL+MOVE Hackathon. We heard your concerns, and after thorough evaluation, we found that the platform used automatically hid some of the projects from the submissions. The team was not aware of these default settings, and we apologize for any confusion this has caused.�� For transparency and fairness, the Aptos Foundation and Aptos Labs judges revisited all 200+ submissions. With a new, full picture of participants, we'd like to re-announce our winners:

Main track
1. Nexo
2. Stratafi
3. Spout Finance
4. Saffron
5. infi markets

Tech:
1. Morpheus

University:
1. TradeLeague
2. Qube .xyz

Additionally, we'd like to announce the bounty winners with help from our partners.

Bounties:
Nodit
- AptosFlow
- Aptext Wallet

Hyperion
- Firyx Protocol

Tapp Exchange
- Convergence

Kana Labs
- Social Trade

Thank you to everyone who participated in the CTRL+MOVE hackathon. We look forward to you joining us in future programs on Aptos.

[Firyx Protocol @firyx_protocol]

👉Update

We’re moving into the web platform build phase 🔥

While we’re working, take a moment to dive into our whitepaper to explore the vision and roadmap.

📝 https://t.co/HXjFkzwz4B

#DeFi #Aptos #CtrlMoveHackathon

[Firyx Protocol @firyx_protocol]

@marvelllordweb3 Yah sure, I followed back 🥳

[Firyx Protocol @firyx_protocol]

@marvelllordweb3 Thanks a lot! Glad you loved the whitepaper 😍

[Firyx Protocol @firyx_protocol]

Ever thought about trustless, non-collateral lending in DeFi? 🤔

Today most protocols (@aave, @AriesMarkets, …) rely on over-collateralization, while TradFi leans on credit scores — both with clear trade-offs.

Current DeFi lending faces clear drawbacks:
🔸Over-collateralization locks up more capital than borrowers need.
🔸Credit-based models reduce barriers, but still carry significant default risks.

The challenge remains — how to balance accessibility with safety in a trustless way.

🔥Firyx Protocol is introducing a meta model for non-collateral lending on @Aptos, integrating liquidity from @hyperion_xyz .

👉 Follow @firyx_protocol on CTRL + MOVE hackathon for the latest updates — from whitepaper to beta version

#Defi #LendingProtocol