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DeFi Franc Review 2026: Swiss-Franc Stablecoin Loans

DeFi Franc is an Ethereum borrowing protocol that issues DCHF, a stablecoin designed to track the Swiss franc, against crypto collateral. Its 0% interest loan model is notable, but missing fee, audit, and liquidation details make the risks hard to evaluate.

Ethereum

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

5.0/10

Mixed

Our verdict on DeFi Franc

5.0/10

DeFi Franc may suit Ethereum users who want to borrow a Swiss-franc-tracking token against ETH or wrapped Bitcoin. Its main draw is the stated 0% interest rate, paired with a stablecoin design tied to the Swiss franc rather than the US dollar. The caveat is that important details—including other fees, liquidation rules, and audit coverage—are not published clearly. Treat DCHF’s peg as a target, not a promise, and check the current contract and loan terms before committing collateral.

Score breakdown

How DeFi Franc scores

Security: n/a
Ease of use: 5.0/10
Fees: n/a
Features: 5.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is DeFi Franc?

DeFi Franc issues DCHF, a stablecoin designed to track the Swiss franc, through an Ethereum-based borrowing protocol. Users are described as borrowing DCHF against ETH or wrapped Bitcoin collateral, with 0% loan interest stated by the project description.

How DeFi Franc works

DeFi Franc is described as a decentralized borrowing protocol on Ethereum. Users can borrow DCHF, a token designed to track the Swiss franc, against ETH or wrapped Bitcoin collateral. A project description states that these loans have 0% interest; this does not establish that using the protocol is free of other charges.

4 features

Key features

Swiss-franc stablecoin

DCHF is designed to track the value of the Swiss franc. The peg is a target and does not ensure a fixed market price.

Crypto-collateralized loans

The protocol is described as allowing users to borrow DCHF against ETH and wrapped Bitcoin.

0% stated interest

A protocol description states that loans carry 0% interest. Other possible fees are not published.

Ethereum protocol

The protocol operates on Ethereum, where users interact with its borrowing contracts and pay network transaction costs.

Pros and cons

What we like

DCHF offers exposure to a stablecoin designed to track the Swiss franc rather than the US dollar.
The protocol is described as issuing loans against crypto collateral without interest.
The protocol operates on Ethereum, a widely used smart-contract network.

Watch out for

No audit is listed, so the protocol’s smart-contract security is difficult to assess.
The protocol does not publish its borrowing, redemption, or liquidation fees.
The stated collateral types are limited to ETH and wrapped Bitcoin, which leaves borrowers exposed to collateral-price swings.
The mechanism for maintaining DCHF’s Swiss-franc peg is not explained in detail.
The team, governance structure, and licensing status are not published.

DeFi Franc fees

The protocol’s stated loan interest rate is 0%, but DeFi Franc does not publish clear details on borrowing, repayment, redemption, or liquidation fees. Ethereum gas charges also apply to onchain transactions and vary with network conditions. Check the current protocol interface and transaction details before confirming an action.

Is DeFi Franc safe?

No audit is listed for DeFi Franc. That is not proof that its contracts have never been reviewed, but users should treat the contracts as unaudited unless they can verify an independent assessment. Borrowers also face smart-contract risk, collateral-price volatility, and possible liquidation; the protocol’s specific liquidation rules are not clearly published.

6 steps

How to get started with DeFi Franc

1
Confirm that you have found DeFi Franc’s current official app and contract information; its project website is not established here.
2
Set up an Ethereum-compatible wallet and acquire ETH for transaction costs.
3
Review the current collateral options and loan terms before depositing assets.
4
Connect your wallet and inspect the required approvals and transaction details.
5
Deposit collateral and borrow only after checking the applicable limits, fees, and liquidation conditions.
6
Monitor collateral value and your position, and understand how to repay or withdraw before opening a loan.

Who DeFi Franc is for

DeFi Franc is aimed at Ethereum users who want to borrow a Swiss-franc-linked token against ETH or wrapped Bitcoin. It is less suitable for people who need clearly documented fees, audited contracts, or fully explained liquidation and peg mechanisms before taking on collateral risk.

DeFi Franc FAQs

What is DeFi Franc (DCHF)?

DCHF is a crypto token designed to track the value of one Swiss franc. Its peg is a design goal, not a guarantee that its market price will always equal one franc.

How do DeFi Franc loans work?

The protocol is described as letting users borrow DCHF against ETH and wrapped Bitcoin collateral. The stated loan interest rate is 0%, but other fees and the exact borrowing and repayment steps are not published.

How is DCHF backed?

DeFi Franc operates on Ethereum. DCHF is described as being issued against crypto collateral, but the exact peg-maintenance and liquidation mechanisms are not explained in detail.

Is DeFi Franc safe?

No audit is listed, and the protocol does not publish clear details about its fees, team, or governance. These gaps make it harder to assess contract, collateral, and operational risks before using it.

Does DeFi Franc charge fees?

The protocol’s stated loan interest rate is 0%, but that does not establish that borrowing, repayment, or liquidation is free. Check the current terms and transaction costs before opening a position.

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