Cred Protocol provides a decentralized credit scoring system that utilizes real-time on-chain analytics to assess the creditworthiness of over 200 million EVM addresses across multiple blockchains. This technology enhances access to DeFi lending for under-served communities by delivering transparent credit data to lenders and underwriters.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional credit scoring systems often exclude individuals and businesses with limited or no credit history, particularly in emerging markets, hindering their access to DeFi lending and other financial services. This lack of credit data creates a barrier to entry for underserved communities seeking to participate in the digital economy.
Solution
Cred Protocol offers a decentralized credit scoring infrastructure that leverages real-time on-chain analytics to assess the creditworthiness of EVM addresses across multiple blockchains. By quantifying the probability of loan liquidation, default, or delinquency, Cred Protocol provides transparent credit risk intelligence to lenders, underwriters, identity protocols, and wallets. The platform's APIs deliver comprehensive credit scoring and reporting, enabling businesses to build differentiated products grounded in an understanding of credit risk. This allows for more inclusive access to DeFi lending and other financial services for individuals and micro-businesses, especially in emerging markets.
Target Audience
Cred Protocol targets DeFi lending protocols, underwriters, identity protocols, wallets, and other Web3 businesses seeking to integrate on-chain credit risk analysis into their products and services, particularly those focused on serving undercollateralized borrowers and emerging markets.
Features
- Credit scoring for over 200 million EVM addresses, even without prior borrowing activity
- Real-time credit scoring and reporting based on the latest validated block data
- Coverage of leading Layer 1 and Layer 2 blockchains
- Comprehensive APIs for credit scoring and credit reporting
- Webhooks for real-time monitoring of critical credit events, including liquidations, defaults, and delinquencies
- Developer sandbox for testing API endpoints before production release
- Support for identity-based scoring, aggregating data across multiple addresses
- Integration with lending protocols like Aave, Compound, and Morpho