Audit-Ready Infrastructure

Lendler Transparency & Oversight

Audit-Ready, Regulation-Aligned, Institution-Grade Disclosure

(No internal logic or proprietary architecture is included.)

1. Core Transparency

The essential, public-facing information shared with all stakeholders.

Protocol Status

System StatusActive
Non-custodialAll assets remain in user wallets
Access RestrictionsTemporarily unavailable to U.S. Persons
KYC RequirementsMandatory for all participants
No GuaranteesLendler does not guarantee returns or repayment

Key Risk Parameters

Maximum LTV
80%
Liquidation Threshold
85%
Margin Call Level
75%
Protocol Fee (Borrower)
1.0%
Global Exposure Cap
¥500M

Parameter Changelog

Public record of transparent parameter changes with timestamp + commit hash.

2. For Financial Regulators (Japan / Global)

Information aligned with FSA, MAS, SFA, ADGM, and global regulatory principles.

Regulatory Alignment Points

Non-custodial → Not classified as custody business
No fiat handling → Not classified as money transmission
No guaranteed returns → Not classified as deposit-taking
Full audit trails → Regulator-ready logs for supervision
Wallet allowlisting → Controlled access for regulated entities
Jurisdiction controls → Automatic exclusion of restricted regions

Regulator-Facing Documentation Available

  • • Risk disclosure pack
  • • Compliance workflow overview
  • • Audit trail sample exports
  • • Access control policy
  • • Participant KYC tiering

3. For Audit & Assurance Firms

Independent Assurance Support

  • • Full exportable on-chain activity
  • • Immutable transaction history
  • • Role-based access logs
  • • Real-time valuation + margin events
  • • Automated liquidation mechanisms
  • • No rehypothecation

Audit-Relevant Characteristics

  • • Lendler never holds assets
  • • All collateral stays with lenders/borrowers
  • • Smart-contract-enforced settlement
  • • Transparent fee structure (no hidden revenue)

4. For Banks & Financial Institutions

Bank-Relevant Transparency

  • • Wallet-to-wallet model → No custody risk
  • • KYC/AML enforceable at integration level
  • • Full audit logs for internal compliance
  • • No commingled funds
  • • Oracle transparency for price data
  • • Liquidation events logged and recoverable

Why Banks Can Use Lendler

  • • No requirement for balance-sheet changes
  • • No need for crypto-custody business registration
  • • Stablecoin-only settlement (JPYC, regulated stablecoins)

5. For Securities Firms

Securities-Aligned Risk Controls

  • • Clear segregation of user assets
  • • No pooled liquidity
  • • No trading or market-making by Lendler
  • • Full transparency into LTV, collateral, and liquidation logic

Suitability for Securities Use Cases

  • • Margin-style lending
  • • Tokenized collateral workflows
  • • Institutional settlement rails

6. For Crypto Exchanges

Exchange-Safe Transparency

  • • API-level risk alerts
  • • Price-oracle redundancy
  • • KYC-gated user access
  • • Smart-contract settlement (no manual intervention)

Exchange Use Cases

  • • JPYC borrowing for traders
  • • Crypto-collateral lending
  • • Non-custodial margin infrastructure

7. For Wallet Providers

Wallet-Related Transparency

  • • Lendler does not require private keys
  • • MPC, multisig, or hardware wallets all supported
  • • Wallet security handled entirely by the user/provider
  • • On-chain settlement readable from any block explorer

Integration-Safe Characteristics

  • • No injection of proprietary code
  • • No requirement for custody
  • • No wallet-level modifications

8. For Corporate Treasury Teams

Treasury-Focused Transparency

  • • Real-time reporting
  • • Exportable CSV / PDF logs
  • • Cap table-safe (no tokens issued)
  • • No liquidity transformation risk
  • • Full traceability for accounting teams

Internal Controls Support

  • • KYC-based access
  • • Department-level visibility
  • • Policy-aligned transaction monitoring

9. For Developers & Integrators

Developer Transparency

  • • Public API docs
  • • Clear versioning
  • • No proprietary SDK lock-in
  • • Sandbox environment for testing
  • • Webhook-based automation (margin calls, liquidations)

Security Transparency

  • • Full audit reports available
  • • Bug bounty program on Immunefi
  • • Public incident disclosure policy

10. For General Users

(Although not intended for retail users, transparency is provided to avoid misunderstandings.)

Key Disclosures

  • • Non-custodial: Lendler does not hold customer funds
  • • Liquidation risk: Crypto collateral may be liquidated automatically
  • • No insurance: Government/FDIC/JDIC insurance does not apply
  • • High volatility: Significant price fluctuation risks
  • • Self-responsibility: Users must understand risks before participation

Access Restrictions

  • • U.S. Persons cannot use the service
  • • KYC verification required for all users
  • • Some jurisdictions are restricted

Want to know more about this protocol?

Visit Q&A Page