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Cicada

Cicada  

23 Watchlists

DeFi

General Info

Funds and Backers

Description

Cicada Partners, a non-custodial credit risk management company bringing greater transparency

What is Cicada?

Cicada is an on-chain credit risk management company founded by a seasoned team of former buy- and sell-side credit professionals. Cicada’s co-founders have deep crypto lending expertise, having underwritten $850m in loans at a 1.2% default rate during the prior cycle. Created following the collapse of FTX, Cicada facilitates the growth of institutional lending on public blockchains by enabling lenders to participate in risk-managed non-custodial lending products.

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