Stormbit
Stormbit is a Singapore-incorporated DeFi lending protocol that uses an options collar structure to offer 0%-cash-interest USDC borrowing against BTC/ETH and 10–16% APY USDC lending, with liquidations structurally impossible and defaulted collateral settled via on-chain Dutch auctions.
- Company typePrivate
- Founded-
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What Stormbit does
Stormbit is a DeFi lending protocol built by Quantum3 Labs and operated by Stormbit Labs Pte. Ltd., a Singapore-incorporated private company with 7 employees. It offers option-underwritten credit in which every loan is structured as an options collar: a long put (floor) protects the lender against collateral price declines while a short call (cap) generates premium income that funds a near-zero borrower rate. The collar is written at origination and held to expiry, making liquidation structurally impossible; defaulted collateral is recovered via on-chain Dutch auctions. The product suite comprises four surfaces: Earn (USDC lending across 7/30/90-day tenor vaults, target APY 10–16%, with idle capital auto-deployed to Aave), Borrow (USDC borrowing against BTC/ETH collateral at a 0% cash rate, paid for via capped upside), Desk (a private OTC credit desk for non-US institutional counterparties with minimum 10 ETH / 1 BTC tickets and up to $5M capacity, using title-transfer custody), and Deals (Dutch auctions for defaulted collateral). The protocol runs on Ethereum with Chainlink price oracles and references Morpho's live USDC rate as a benchmark; the live Collar Terminal provides on-chain transparency into every funded loan's floor, cap, and pool APY. The company makes money indirectly through protocol economics and directly via the OTC Desk's bespoke institutional terms, though no revenue figures are disclosed; the customer base spans crypto-native yield seekers, BTC/ETH holders seeking USD liquidity without selling, institutional counterparties, and distressed-asset auction participants.
Stormbit firmographics
Firmographics- Name
- Stormbit
- Legal name
- Stormbit Labs Pte. Ltd.
- Website
- https://stormbit.finance
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Stormbit is a Singapore-incorporated DeFi lending protocol that uses an options collar structure to offer 0%-cash-interest USDC borrowing against BTC/ETH and 10–16% APY USDC lending, with liquidations structurally impossible and defaulted collateral settled via on-chain Dutch auctions.
- Ownership category
- akta.pro rank
Stormbit industry classification
Industry- Product category
- DeFi Lending Protocol
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Crypto Borrowing & Margin Credit Facilities (FSADAFAC)
- akta.pro secondary industries
- Institutional / OTC Crypto Credit & Bilateral Lending (FSADAFAD), Decentralized Lending & Borrowing Protocols (FSADAMAA), Collateral Management, Liquidation & Risk Engines (Credit) (FSADAFAE)
Keywords
Where Stormbit is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Stormbit business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- Option premium income (lenders): Lenders deposit USDC into tenor vaults (7, 30, 90 days) and receive soUSD. Every funded loan writes a call option on its collateral, and the premium earned at trade execution accrues to the pool. Idle capital auto-deploys to Aave for base yield. Target APY of 10-16% depending on tenor.
- Upside cap from borrowers: Borrowers pay for their loans by capping their upside at the call strike. The upside they forgo above the cap is sold to the options market, which funds the near-0% rate and generates lender yield. No cash interest is charged.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | 7-day tenor vault — lower premium scale but shortest unlock window |
| Transaction based/ take rate | Monthly | 30-day tenor vault — balanced premium capture with monthly unlock |
| Transaction based/ take rate | Multi-year contract | 90-day tenor vault — highest premium scale for longest lock commitment |
| Transaction based/ take rate | Pay-as-you-go | OTC Desk — private USD loans against crypto collateral (BTC/ETH) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Stormbit product offering
Product offeringCore offering
Stormbit is a DeFi credit protocol that issues non-liquidatable loans against crypto collateral using an option collar structure (put floor + short call cap). Lenders deposit USDC into 7/30/90-day tenor vaults to earn 10–16% target APY from priced call option premiums; borrowers post BTC or ETH to access 0% cash-rate USDC loans by capping their upside. The protocol also operates a private OTC desk for institutional counterparties and a Dutch auction interface for defaulted collateral recovery.
Product overview
Stormbit is a DeFi lending protocol offering option-underwritten credit, structured as a unified platform with four interconnected products. The Earn module enables USDC lending with 10-16% APY from option premiums; Borrow provides 0% cash interest loans against BTC/ETH with no liquidation risk; Desk handles private OTC institutional loans; and Deals manages Dutch auctions for defaulted collateral. All loans use a collar structure—a protective put floor shields lenders from downside while a short call cap funds the borrower's 0% rate. Users interact via the soUSD share token (Earn) and Collar Terminal dashboard. Built on Ethereum with Chainlink oracles, integrating with Aave for idle capital yield and Morpho as a reference rate benchmark.
Differentiator
Problem solved
Functional benefit
Brands
- Stormbit Desk: Private OTC credit desk offering fixed-term USD loans against crypto collateral, operated by Stormbit Labs Pte. Ltd. in Singapore.
Products and services
- Earn
Quantifiable outcome
- 0 liquidations by design — the collar structure makes liquidation structurally impossible
- +3 more outcomes
Companies that use Stormbit
Customer profileSegments4 records
Ideal customer profiles4 records
Stormbit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature3 records
Stormbit partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- AavecoreProtocol integrates with Aave for auto-deployment of idle lender capital. When USDC is not funding active loans, it earns Aave base yield automatically, improving overall lender returns.
- ChainlinkcorePrice oracle provider used by Stormbit for collateral pricing and collar execution. Listed in the footer as one of the supported tokens/networks.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Stormbit competitors and assessment
Company assessmentEmerging players
- Goldfinch: Decentralized credit protocol focused on real-world lending with crypto-collateralized pools. Represents an adjacent credit-primitive peer where lender yield is structured rather than purely floating-rate DeFi lending.
- Pendle: Yield-trading protocol that splits yield-bearing assets into principal and yield tokens. Pendle's options-aware yield decomposition overlaps conceptually with Stormbit's collar-based premium extraction, though for yield rather than credit.
- Ribbon Finance: Structured products protocol offering automated options strategies (covered calls, puts) to DeFi users. Closest analogue on the options-primitive side of Stormbit's architecture, given both monetize options premium for on-chain users.
Direct peers
- Clearpool: Decentralized credit marketplace connecting institutional borrowers with lenders. Comparable to Stormbit's institutional desk for private, OTC-style crypto credit facilities with KYC'd counterparties.
- Aave: Largest decentralized lending protocol for crypto collateral. Stormbit directly competes with Aave's over-collateralized USDC lending and BTC/ETH borrowing markets, and explicitly integrates with Aave to deploy idle lender capital for base yield.
- Morpho: Optimized lending layer atop Aave with peer-to-peer matching for improved rates. Stormbit explicitly references Morpho as a benchmark for pricing USDC fixed cash rates, indicating Morpho is the closest comparable on the borrow-side rate market.
- Euler: Permissionless lending protocol with multiple collateral types and risk-tiered lending markets. Targets similar DeFi-native lenders and crypto-collateralized borrowers as Stormbit, with comparable modular architecture ambitions.
- Compound: Pioneer DeFi money market for USDC lending and crypto-collateralized borrowing. Offers similar deposit/borrow primitives to Stormbit's Earn and Borrow products, though without Stormbit's collar structure or non-liquidatable design.
- Maple Finance: Institutional-grade on-chain credit marketplace with undercollateralized loans to whitelisted borrowers. Closest analogue to Stormbit's OTC Desk for institutional counterparties requiring bespoke terms and direct relationship management.
Broad incumbents
- MakerDAO: Decentralized credit protocol issuing DAI against crypto collateral. Competes with Stormbit for crypto-collateralized USD borrowing demand, though Maker's liquidation model (rather than Stormbit's collar) contrasts in risk treatment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Stormbit social profiles
Digital presenceStormbit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stormbit leadership team
Management profileNumber of profiles
Stormbit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stormbit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stormbit
What does Stormbit do?
Stormbit is a DeFi credit protocol that issues non-liquidatable loans against crypto collateral using an option collar structure (put floor + short call cap). Lenders deposit USDC into 7/30/90-day tenor vaults to earn 10–16% target APY from priced call option premiums; borrowers post BTC or ETH to access 0% cash-rate USDC loans by capping their upside. The protocol also operates a private OTC desk for institutional counterparties and a Dutch auction interface for defaulted collateral recovery.
Is Stormbit a public or private company?
Stormbit is a private company. It is classified as venture growth investor backed and is currently operating.
When was Stormbit founded?
Stormbit was founded in -1. It employs 1 to 10 people.
Where is Stormbit based?
Stormbit is headquartered in Singapore, Singapore, in the Asia region.
How does Stormbit make money?
Two revenue lines are on record. Option premium income (lenders) is the primary driver. The others are upside cap from borrowers.
Who are Stormbit's main competitors?
Emerging players on record are Goldfinch, Pendle and Ribbon Finance. Direct peers are Clearpool, Aave, Morpho, Euler, Compound and Maple Finance. MakerDAO is listed as a broad incumbent.
Does Stormbit have an API?
No public API is recorded for Stormbit.
What industry is Stormbit in?
Stormbit's product category is DeFi Lending Protocol. Its primary akta.pro industry code is FSADAFAC, Crypto Borrowing & Margin Credit Facilities, with a secondary code of FSADAFAD, Institutional / OTC Crypto Credit & Bilateral Lending. Its NAICS code is 523 and its SIC code is 6200.