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Peanut Protocol

Peanut Protocol

Since
2022
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About

Effortless cross-chain transactions with secret vaults for unmatched security in decentralized finance

This innovative platform revolutionizes cross-chain token transfers with a simple link. Leveraging secret-protected vault smart contracts, tokens stay secure until unlocked by a unique secret. Users deposit tokens, share a link, and recipients withdraw seamlessly. Integrating blockchain, ERC-4337, Ethereum, and DeFi tech, it offers a secure, easy-to-use payment and wallet solution in fintech and decentralized finance.

Peanut Protocol website screenshot
Use Cases
Cross-Border Payments Made Simple
Users send tokens via link through messaging apps for easy, secure internationalpayments without wallet complexity.
Instant Crypto Offramping
Users convert tokens directly to USD/EUR fiat and transfer to bank accountsbypassing centralized exchanges.
Multi-Chain Token Gifting
Users gift tokens securely across 20+ blockchains by sharing a secret-protectedlink redeemable by recipients.
Web3 Onboarding for New Users
Developers integrate Peanut's SDK for smooth wallet-less token transferonboarding and engagement in dApps.
Key Features
Core Web3 Payment Features
- Facilitates chain-agnostic transfers, abstracting away blockchain complexities.
- Enables sending crypto tokens or NFTs via simple URLs and QR codes.
- Supports stablecoin conversions, allowing flexible payments.
- Offers fiat off-ramps, enabling users to cash out crypto to bank accounts.
- Uses cryptographically secure smart contracts for holding deposited tokens.
Accessibility and User Experience
- Simplifies crypto transactions by eliminating the need for wallet addresses.
- Abstracts technical complexities, making payments smooth for users.
- Enhances accessibility by allowing users to send crypto to recipients withoutcrypto wallets.
- Offers a user-friendly app for sending and receiving crypto or fiat via linksand QR codes.
- Aims to make crypto payments as easy as Venmo or PayPal.
Hugo Montenegro
Konrad Urban

Headquarters

🇬🇧 London

Website

peanut.to

73M

Web3 gamers worldwide

2.86B

Web3 market value 2023 USD