Platform / crypto
Ledn
🔴 High risk ✗ ✓ ✗ ✗ ✗
1 of 5 criteria passed
F
1
/ 5
Regulation · Proof-of-Reserves · Flexible withdrawal · Insurance Fund · Track record (2+ years incident-free)
Jurisdiction
Cayman Islands
Founded
2018
Minimum
$10
Insurance Fund
—
Lock period
Locked
Unavailable in
US, UK, JP, KR
5 criteria · check each one
- ✗ Regulation
Registered in the Cayman Islands — light-touch regulation. Not licensed in major jurisdictions.
- ✓ Proof-of-Reserves
Publishes monthly Merkle-tree PoR by Armanino since July 2021 — one of the first platforms to adopt this approach. Source →
- ✗ Flexible withdrawal
B2X / Growth Account have restrictions. Savings account is flexible, but fixed-term products lock for 30-180 days.
- ✗ Insurance Fund
No public insurance fund. Segregated custody, but no explicit insurance coverage.
- ✗ Track record (2+ years incident-free)
Operating since 2018 with no user-fund incidents. But young age and lack of regulation lower the score.
Known incidents
No known incidents in the past 2 years
Yield products
as of May 24, 2026| Product | Rate | Type | Lock | |
|---|---|---|---|---|
| USDT | 8.5 % | locked | 30 days | Open |
| USDC | 7.0 % | flexible | — | Open |
| BTC | 1.0 % | flexible | — | Open |
Open account on Ledn →
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