An open market for Bitcoin-backed fiat and stablecoin loans, with collateral locked in a documented Bitcoin-network escrow and a public protocol implementation.
Firefish first-party docs call it an open market that connects borrowers seeking fiat or stablecoin liquidity with investors funding over-collateralized Bitcoin loans. Protocol documentation describes borrower, lender, liquidator, price-oracle, and payment-oracle roles, and says bitcoin collateral is locked in a smart contract built on top of the Bitcoin network. The protocol source is published at github.com/Firefish-io/firefish-protocol. The borrower-facing app at app.firefish.io loaded on this check. Docs also say the Price Oracle and Payment Oracle are currently operated by Firefish, and that platform implementation may differ from the protocol paper. Do not copy advertised rates as realized return. Distinct from Debifi and from published Lendasat / Hodl Hodl.
Awaiting sources for: custody, platforms, lightning, availability.
Facts verified: Not yet verified
No evidence linked.
Layers Bitcoin L1
Settle order · L1 → Lightning → Sidechains → Rollups → Meta → Off-chain
Same job · Lending/Borrowing