Ducat Protocol logo

Ducat Protocol

British Virgin Islands·₿ Bitcoin-only
Visit Ducat Protocol →
Last verified Oct 12, 2026
Company Type
Private
src: 21Rates
Rehypothecation
No
src: Ducat Protocol — Home (FAQ) · as of Oct 11, 2026
Transaction Fee
7%
src: Ducat Protocol — Home · as of Oct 11, 2026
Chain
Bitcoin
src: Ducat Protocol — Home · as of Oct 11, 2026
Liquidation LTV
74.1%
src: Ducat Protocol — Home · as of Oct 11, 2026

About Ducat Protocol

Ducat Protocol is a Bitcoin L1-native, non-custodial credit protocol that lets users lock BTC in 2-of-2 Taproot vaults and borrow UNIT or USDC without selling their Bitcoin. Its UNIT stablecoin is overcollateralized by BTC, the borrowing flow uses Bitcoin Script, a Guardian MPC network, Chainlink price attestations, and open validators, and the service advertises zero ongoing interest with a one-time origination fee.

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Key Facts

Verified data
Rehypothecation
Whether lender rehypothecates collateral
Transaction Fee
Per-transaction fee
Chain
Blockchain the protocol operates on
Liquidation LTV
LTV at which collateral is liquidated
Loan Currency
Currency in which loans are issued (e.g. "USD", "USDC")
Custody Model
Custodial or Non-custodial lending model (custodial | non-custodial)

Is Ducat Protocol safe?

Rehypothecation
No · As of Oct 11, 2026 Source

Leadership

David Evans logo
David Evans
Co-Founder & CEO
in ↗
Alex Forshaw logo
Alex Forshaw
Co-Founder & CPO
in ↗
Lucas Rodriguez Benitez logo
Lucas Rodriguez Benitez
Co-Founder & CTO
in ↗

Services

No services listed yet.

Recent Reviews

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Company Details

HQ countryBritish Virgin Islands
Bitcoin onlyYes

Data Provenance

✓Facts verified by 21Rates research · Oct 12, 2026
21rates.com/companies/1342/ducat-protocol · structured data: Organization · Person ×3

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