Sovryn is a non-custodial and permissionless smart contract-based system for Bitcoin lending, borrowing and margin trading. There is no single company, organisation or individual that represents or controls the Sovryn protocol.

Sovryn is an on-chain decentralised protocol deployed on the Bitcoin sidechain, RSK. RSK is a Bitcoin layer 2 smart contract protocol. It benefits from lower block times which average 30 seconds compared to the Bitcoin average block time of 10 minutes.