what's Leather Finance?

Leather Finance is a DeFi protocol for non-custodial cross-chain asset swaps, with a focus on moving native Bitcoin between chains without requiring users to relinquish custody. It uses smart deposit addresses to accept stablecoins from any blockchain or centralized exchange, automatically handling routing, 1:1 settlement, and on-chain activation for instant usability—no manual claims or bridges needed. Key mechanics include automated recovery for failed transactions, refunds, and 100% KYT-screened deposits for compliance. It powers stablecoin onboarding for applications like neobanks, remittances, merchants, payroll, embedded wallets, perpetual DEXs, yield platforms, and real-world assets (RWAs), integrating with bridges such as deBridge, Across Protocol, and Chainflip for seamless multi-chain operations.

Integrated Chainflip to enable cross-chain swaps.