Ducat Unveils First Permissionless Bitcoin Layer 1 Liquidation Protocol, Launching on September 18
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 15 2025Ducat Protocol Launch: Ducat Protocol has launched the first fully permissionless liquidation system on Bitcoin Layer 1, allowing anyone to liquidate undercollateralised vaults and earn returns, with the system already live on testnet since September 18th.
Innovative Features: The protocol utilizes Taproot and multi-party computation to enable decentralized liquidations without intermediaries, aligning with Bitcoin's principles and providing equal access to credit and open participation in financial markets.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
