Canton
Vault
Put assets into the vault and they stay there. A contract lock holds the position in place, and that locked position is what backs credit. Nothing is handed to a lender, and nothing is transferred into a pool.
- Non-custodial
- Privacy-preserving
- Multi-asset
Holding an asset and financing against it are usually the same decision
A firm that wants liquidity against a digital asset holding has generally had to give that holding to somebody else. The lender takes custody, the firm takes on the lender as a counterparty, and the position is only as safe as that lender's balance sheet. Several of the largest failures in this market worked exactly that way.
The alternative has been to sell, which ends the exposure the firm wanted in the first place and creates a taxable event on the way out.
Assets go in and stay in
The vault does not take your assets. It locks them where they already are, and the locked position is what carries credit capacity.
Deposit, lock, earn
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Deposit into the vault
Assets move into a vault position on your own participant node. They stay yours and they stay recorded to you.
Non-custodial -
The position is locked
A contract lock is placed over the holding. It cannot be moved by BridgePort, and it cannot be moved by you alone while it backs credit.
Locked by state -
Capacity is made available
The locked position becomes collateral capacity that borrowers can draw against. Your assets support the credit without funding it directly.
Multi-asset -
Yield accrues to the position
Earnings accrue on ledger against your position, visible to you and to nobody else on the network.
Private
Pledge, draw, repay
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Pledge a holding
Choose an asset already sitting in your vault and pledge it. Nothing transfers and nothing is sold.
No sale -
A credit line is issued
BridgePort issues a credit line sized against the pledged position and the current oracle price. Chainlink, Pyth and Chronicle feeds are aggregated to a median.
Oracle priced -
Draw what you need
Draw against the line when you need it. The draw and the collateral lock commit as one transaction, so neither can happen without the other.
Atomic -
Repay and release
Repayment clears the line and releases the lock. Positions are monitored continuously while a line is open, and a breach triggers liquidation on ledger with an immutable record.
Monitored
Why this shape matters
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Assets stay owned and stay put
Nothing is handed to a lender and nothing is transferred into a pool. There is no operator who could move your holding, because the lock is enforced by the ledger rather than by a policy.
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Credit without a sale
A position that would otherwise sit idle carries credit capacity. You keep the exposure you wanted and you keep the tax treatment that comes with holding it.
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No pooled contract to fail
Assets remain distributed across participant nodes. There is no single pooled contract holding everyone’s balances, so there is no single thing to drain.
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Positions are nobody else’s business
Lenders cannot enumerate other lenders and borrowers cannot see other borrowers. Confidentiality comes from the protocol rather than from an access-control list.