Fathom Protocol is a decentralized liquidity platform on the XDC Network that allows users to mint the FXD stablecoin by depositing XDC as collateral, facilitating access to yield opportunities through real-world asset (RWA) vaults and trade finance pools. The protocol addresses the need for deep liquidity and flexible borrowing options for both retail and institutional investors in the DeFi space.
Funding
Funding not disclosed
Founders
Product
Problem
In the DeFi space, both retail and institutional investors often face challenges in accessing deep liquidity and flexible borrowing options, especially when seeking exposure to yield opportunities through Real World Asset (RWA) vaults and trade finance pools. Existing platforms may lack the composability and tools necessary to efficiently manage collateralized debt positions using XDC and related assets.
Solution
Fathom Protocol is a decentralized finance (DeFi) platform on the XDC Network that enables users to mint the FXD stablecoin by depositing XDC and staked XDC as collateral. This allows users to gain exposure to yield opportunities through RWA Vaults and Trade Finance Pools. The platform also allows crypto and RWA holders to borrow FXD using their assets as collateral, providing a comprehensive suite of DeFi services. Fathom's ecosystem includes a native DEX, lending services, and DAO governance, all designed to enhance liquidity and provide sustainable yield opportunities for both retail and institutional participants. The protocol works with trusted asset owners, issuers, custodians, and brokers to facilitate access to deep liquidity and sustainable yield opportunities.
Target Audience
Fathom Protocol targets both retail and institutional investors and borrowers within the DeFi space who are seeking deep liquidity, flexible borrowing options, and exposure to yield-generating opportunities through Real World Assets (RWAs) and trade finance.
Features
- Minting of FXD stablecoin using XDC and staked XDC as collateral.
- Access to yield opportunities through RWA Vaults and Trade Finance Pools.
- Borrowing of FXD against crypto and RWA collateral.
- Native DEX for swapping assets within the Fathom ecosystem.
- DAO governance via the FTHM token, allowing community participation in protocol development, collateral onboarding, and revenue distribution.
- Integration with various partners, including Comtech Gold, Propine, and Tradeteq, to expand the range of available assets and services.
- Comprehensive analytics dashboard for monitoring positions and protocol performance.
- Support for opening, topping up, repaying, and closing FXD positions with detailed user guides.