Safix Protocol Sees Growth with On-Chain Credit System

Safix, a private credit protocol designed for tokenized stocks and other real-world assets, is gaining traction in the market. The protocol allows users to use supported tokenized assets as collateral to access USDG liquidity through an on-chain credit system.

The Safix protocol includes three key components: SafixPool for collateral-backed credit positions, PartnershipDesk for alternative profit-and-loss sharing structures, and PassportRegistry for privacy-focused borrower and collateral verification.

Safix is being built for Robinhood Chain and uses EVM-compatible smart contracts, Chainlink price feeds, and USDG as its primary settlement asset. The protocol's intended purpose is to provide programmable credit infrastructure for tokenized asset holders while keeping collateral management, settlement, and verification on-chain.

The current market cap of Safix is ARS 9.37 million, with a total supply of 1 billion SFX tokens. The trading volume over the last 24 hours was ARS 516,894.