Peer-to-peer crypto lending
Peer-to-peer (P2P) crypto lending connects individual lenders directly with individual borrowers, with a smart contract — not a company — holding the funds and enforcing the terms. Unlike pool-based DeFi lending, where deposits are blended and rates are set algorithmically for everyone, P2P lending prices each loan individually: lenders choose whom to fund and at what rate, and borrowers choose which offers to accept. It is the on-chain version of people lending to people.
How does P2P crypto lending work in practice?
A borrower publishes a request — amount, maximum rate, repayment date. Lenders review the borrower (on Unlloo, including their on-chain reputation) and escrow offers into the loan’s smart contract. When the funding window closes, the borrower accepts the offers they want; accepted funds transfer to the borrower, unaccepted offers are refundable, and repayment with interest flows back through the same contract.
Is peer-to-peer lending non-custodial?
Yes, when built correctly. Funds move wallet-to-contract-to-wallet instead of through a custodial intermediary. The smart contract acts as the escrow, and its rules — who can withdraw what, and when — are public and verifiable.
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