
PWN
PWN is a permissionless peer-to-peer DeFi lending protocol with fixed rates, no liquidation risk, and zero fees.

What is PWN?
PWN is a permissionless peer-to-peer DeFi lending protocol that enables fixed-rate loans backed by virtually any digital asset, with no liquidation risk and zero protocol fees. Borrowers can use fungible or non-fungible tokens as collateral, while lenders earn fixed, predictable yield on their own terms. The protocol offers multiple tiers: Hedge Notes for locking in premium yield on convertible notes backed by ETH and BTC, Curated Markets with competitive yields from curated collateral, and a Universal Bazaar for fully customizable p2p deals with limitless collateral and credit options. PWN is trustless, immutable, and operates without oracles or protocol-managed liquidations. It is fully open-source and governed by PWN DAO. The protocol is currently deployed on Ethereum, Polygon, Cronos, and Base.
Web3 dapps and developer tools related to PWN
Discover blockchain applications that are frequently used with PWN.
Developer resources from Alchemy

Best infrastructure for agentic payments: a 2026 comparison
Compare the best infrastructure for agentic payments: how Alchemy, Coinbase CDP, Circle, Crossmint, Privy, and Turnkey handle agent wallets, x402, and gas.

Migrating NFT data from SimpleHash to Alchemy
This guide provides step-by-step examples for you to migrate NFT Data from SimpleHash to Alchemy.

How AllScale powers fast, reliable stablecoin payments at scale
AllScale standardized blockchain reads and transaction requests on Alchemy Node API to power stablecoin checkout, invoicing, payroll, and payouts.
PWN alternatives
Explore web3 competitors and apps like PWN.
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

