CDPs · Review
Piggy Review 2026: BNB-Backed Borrowing
Piggy is described as a BNB-backed borrowing protocol offering interest-free loans. Key details about its terms, fees and audits are unclear, so borrowers should verify them before interacting.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Piggy
Piggy may interest BNB holders looking for a decentralized loan described as interest-free. Its main appeal is the simple proposition of borrowing against BNB without interest. The main caveat is the lack of clear operational details: collateral ratios, fees, repayment terms and liquidation rules are unspecified, and the current service status is unclear. Two audits are listed, but their scope and results are not. Verify the interface and all terms before considering a loan.
Score breakdown
How Piggy scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
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 Piggy?
Piggy is described as a decentralized borrowing protocol on BNB Chain, offering interest-free loans backed by BNB. Its current availability is unclear, and details such as loan terms, collateral requirements and fees are not specified. Two audits are listed, but their scope and findings are not provided.
How Piggy works
Piggy is described as a decentralized borrowing protocol where BNB backs loans, which the protocol characterizes as interest-free. In a collateralized borrowing system, collateral supports a loan; the details determine how much a user can borrow and what happens if collateral value falls.
Piggy's specific collateral ratios, loan assets, repayment conditions and liquidation process are not specified. Do not assume that interest-free means cost-free: check the interface for fees and other conditions before borrowing.
2 features
Key features
01
BNB-backed loans
Piggy is described as offering loans backed by BNB collateral.
02
Interest-free borrowing
The protocol is described as offering loans without interest.
Pros and cons
What we like
- The protocol is described as offering loans backed by BNB.
- Loans are described as interest-free.
- Piggy is listed on BNB Chain.
Watch out for
- Piggy's homepage could not be accessed, so the current state and availability of the borrowing service are unclear.
- Collateral ratios, liquidation rules, repayment terms and supported loan assets are not published here.
- Fees and the names, scope and findings of the two listed audits are not specified.
Piggy fees
Piggy's fees are not published. Check the protocol interface and transaction details before borrowing; the terms and any other costs should be clear before you approve a transaction.
Is Piggy safe?
Two audits are listed, but their auditors, scope, dates and findings are not specified. An audit listing alone does not establish that the protocol is safe. Borrowing against crypto collateral can involve smart-contract risk and the risk of losing collateral if the protocol's terms require liquidation; Piggy's specific liquidation rules are unclear. Its current availability and regulatory status are also not specified.
4 steps
How to get started with Piggy
- 1
Locate and verify Piggy's official interface before connecting a wallet; its homepage is currently unclear.
- 2
Confirm that the interface is operating on BNB Chain and that you have the correct network selected.
- 3
Review the collateral ratio, loan terms, fees and liquidation rules before proceeding.
- 4
If the terms are clear and acceptable, connect a compatible wallet and follow the interface prompts, checking each transaction before signing.
Who Piggy is for
Piggy may be relevant to BNB holders exploring collateralized borrowing, particularly those seeking a loan described as interest-free. It is a poor fit for anyone who needs clearly documented fees, collateral thresholds or liquidation conditions before using a service.
Piggy FAQs
What is Piggy?
Piggy is described as a decentralized borrowing protocol offering interest-free loans backed by BNB. Its current availability and detailed loan terms are unclear.
Which blockchain does Piggy use?
Piggy is listed on BNB Chain. Check the official interface and verify the network before connecting a wallet or signing a transaction.
Does Piggy charge fees or have collateral requirements?
Interest-free loans are described, but Piggy's fees, collateral requirements and liquidation rules are not specified. Confirm the full terms before borrowing.
Compare
Piggy alternatives
Angle is an over-collateralized stablecoin protocol that mints agEUR and offers perpetuals, yield deposits and borrowing for DeFi users.
Reservoir Protocol issues the rUSD stablecoin and yield assets srUSD and trUSD across 17 chains, for DeFi users seeking stable yield.
River Omni-CDP is a multi-chain CDP protocol that issues the satUSD stablecoin against cross-chain collateral without bridging, for experienced DeFi users.
Abracadabra is a multi-chain CDP protocol where users borrow the MIM stablecoin against collateral, for experienced DeFi users.
Bima is a Bitcoin-backed credit protocol offering fixed-term collar loans and the USBD stablecoin for BTC holders who want liquidity without selling.
crvUSD is Curve Finance's overcollateralized, USD-pegged CDP stablecoin on Ethereum, minted against crypto collateral by DeFi borrowers.
Same category
More CDPs
Liquity V2 is an immutable Ethereum borrowing protocol where users set their own interest rate and mint the BOLD stablecoin against ETH, wstETH or rETH.
Frankencoin is an over-collateralized, oracle-free Swiss franc stablecoin (ZCHF) on Ethereum for borrowing, saving and payments.
Sky is the rebranded MakerDAO, a DeFi protocol issuing the USDS and DAI stablecoins, governed by SKY token holders, for DeFi users and stablecoin holders.
Liquity V1 is an immutable Ethereum protocol offering 0% interest LUSD loans against ETH collateral, for DeFi users comfortable with liquidation risk.
Liquity is an Ethereum borrowing protocol where ETH holders mint USD stablecoins (LUSD, BOLD) against their collateral, with the LQTY token for incentives.
Felix is a Hyperliquid protocol that issues the feUSD stablecoin against collateral, with lending and perps for DeFi traders.
Same chain
More on BNB Chain
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.