Fenus
CDP protocol on LitVM enabling users to borrow against their zkLTC holdings.
Fenus is a decentralized collateralized debt position (CDP) protocol deployed on LitVM. According to the official directory, the protocol allows participants to open debt positions and borrow against their zkLTC holdings. The project's website indicates that Fenus supports minting a unit named FnUSD backed by real-world assets, while also offering mechanisms to borrow, trade, and invest in tokenized equities, commodities, and exchange-traded funds (ETFs). An ecosystem update published by @circle_crypto in August 2026 similarly identified Fenus as an initiative designed to introduce tokenized stock market access to the LitVM network.
Questions
- What is FnUSD on Fenus?
- According to the project's website, FnUSD is a minted asset generated against real-world assets through Fenus's CDP protocol.
- What asset classes does Fenus claim to support?
- The project's site states that it supports tokenized stocks, commodities, and ETFs, alongside collateralized borrowing against zkLTC as noted in the official directory.
Filings mentioning Fenus
- @circle_crypto
LitVM Ecosystem Update👀: 🔹Midas Hand will have prediction markets that can tap into Polymarket's liquidity from LitVM (way more coming). 🔹Hashlock has partnered with us to handle eco security needs. 🔹Steer recently deployed Atlas (Oracle), adding some needed redundancy. 🔹Fenus is bringing the stock market to LitVM. 🔹New lending market with cutting-edge strategy lab coming soon. 🔹Another privacy protocol is joining us soon. If you've read this far, type Lit, Lite, or Ł to enter another Captain Litecoin Giveaway! Thank you to everyone in the decentralized freedom community building and testing LiteForge.✊