Borrow, invest and trade tokenized stocks, ETFs and commodities on LitVM. Lock wzkLTC, mint FnUSD, and trade real markets 24/7. This page is the full product and protocol guide, including every contract address you can verify on the explorer.
Start here
FENUS is a decentralized protocol on LitVM. It turns real-world assets into on-chain tokens you can trade, hold and use, and it issues FnUSD, an over-collateralized stablecoin backed by wrapped Litecoin.
The short version
Lock wzkLTC in a Trove. Mint FnUSD against it at 0% interest. Keep your collateral ratio at 135% or higher. Use FnUSD to buy tokenized stocks, ETFs and commodities whenever you want, including nights and weekends.
Open the app at app.fenus.xyz and connect any wallet that supports custom EVM networks. Add LitVM, get wzkLTC, and open your first Trove.
What is FENUS
FENUS is built around three pieces:
Troves: collateralized debt positions where you lock wzkLTC and borrow FnUSD against it.
FnUSD: the protocol's over-collateralized USD stablecoin, redeemable and censorship-resistant.
Tokenized assets: 195 on-chain representations of stocks, ETFs and commodities you can trade natively on LitVM.
Troves
A Trove is your position. It holds the wzkLTC you deposit and records the FnUSD you owe. Every Trove is minted as an NFT, so you can transfer the whole position to another wallet in one step.
One Trove per wallet address.
Add or remove collateral at any time, as long as the ratio stays above the minimum.
Borrow more or repay at any time.
Close the Trove by repaying the debt. Your wzkLTC comes back to you.
FnUSD
FnUSD is the FENUS stablecoin. It is minted only when someone borrows against a Trove, so every FnUSD in circulation is backed by more than a dollar of wzkLTC. It uses 6 decimals, like USDC.
FnUSD is what you trade with. Buy a tokenized stock with FnUSD, sell it back to FnUSD, or provide FnUSD liquidity on Addax in the FnUSD / wzkLTC and FnUSD / aUSDC pools.
Collateral ratio
Your collateral ratio is the value of your wzkLTC in USD divided by your FnUSD debt. It is the main safety dial for a Trove.
Ratio
Label
What it means
200% or more
Safe
Comfortable cushion
160% to 200%
Moderate
Watch the market
135% to 160%
Risky
You meet the minimum with little room
Below 135%
Below minimum
Actions that lower the ratio are blocked. Liquidation risk
Adding collateral or repaying raises the ratio. Borrowing more, removing collateral, or a falling LTC price lowers it. The app shows a liquidation price so you can see roughly where LTC would have to fall before the position is at risk.
Fees
Borrowing on FENUS has no ongoing interest. Network gas on LitVM is separate and paid in zkLTC.
Item
Value
Interest
0% APR
Origination fee, at open and when borrowing more
0.5% of borrowed FnUSD
Minimum collateral ratio
135%
Troves per wallet
1
Your total debt at open is the amount you borrow plus the origination fee.
Borrowing FnUSD
Open app.fenus.xyz and connect your wallet on LitVM.
Deposit wzkLTC as collateral in a new Trove.
Choose how much FnUSD to mint. The preview shows your ratio, liquidation price and the 0.5% fee.
Confirm the transaction. FnUSD lands in your wallet.
Repay at any time to unlock collateral, or close the Trove entirely.
Keep a comfortable buffer above 135%. A sharp drop in the LTC price can push a thin Trove below the minimum.
Trading stocks
FENUS lists 178 stocks, 14 ETFs and 3 commodities as tokens on LitVM. Each token tracks the price of its underlying asset. You buy and sell them with FnUSD, and the market stays open around the clock.
AAPLMSFTNVDAGOOGLAMZNMETATSLASPYQQQGLD
Prices come from live market data and update continuously.
Tokens are standard ERC-20s. Import any of them into your wallet with the address in the registry below.
Protocol TVL is the minted supply of every token valued at its live price.
Tokenized assets
These are the canonical addresses for all 195 assets FENUS tokenizes. Always check the address before importing a token or signing a transaction.
A Trove that falls below the 135% minimum can be liquidated. Its collateral and debt move to the Default Pool and are redistributed across the Troves that are still open.
That is how Trove holders can earn from liquidations. The Dashboard shows it as Pending Coll. Gain and Pending Debt Absorbed. Earning from other liquidations does not remove your own liquidation risk.
Risks
Market risk: the value of your collateral can move sharply against you.
Liquidation risk: Troves below 135% can be liquidated.
Oracle risk: ratios and prices depend on the LTC/USD feed and live market data.
Smart contract risk: DeFi protocols carry code risk, including FENUS.
Always cross check contract addresses on the explorer against this page before you sign.
FAQ
What is FnUSD? FENUS's over-collateralized USD stablecoin, minted by locking wzkLTC in a Trove.
Can I trade on weekends? Yes. Tokenized stocks on FENUS trade 24/7.
How do I import a token? Copy its address from the registry above and paste it into your wallet's import token dialog.
Where can I get help? Reach the FENUS team on X at @fenus_protocol.
AAPL
MSFT
NVDA
GOOGL
AMZN
META
TSLA
SPY
QQQ
GLD
SLViShares Silver Trust
USOUnited States Oil Fund