Skew, a Switzerland-regulated peer-to-peer lending platform, is poised to disrupt the lending landscape by combining the accessibility of fiat currency with the potential of cryptocurrency, all while offering a debit card with rewards. After two years of development, Skew aims to make decentralized finance (DeFi) practical and compliant for a broader audience.
Peer-to-peer (P2P) lending offers an alternative to traditional lending by removing intermediaries. Skew aims to address challenges hindering mass adoption, such as regulatory uncertainty and complexity, by providing a user-friendly platform. The P2P market is estimated to reach $1 trillion by 2032, and Skew is positioning itself as a key player in this evolution.
How Skew Works: Rebuilding Finance Around Users
Skew connects lenders and borrowers directly, allowing them to negotiate terms using fiat or digital currencies. This eliminates the need for traditional centralized lenders, offering benefits to both parties:
- Lenders: Achieve higher returns on their capital.
- Borrowers: Gain better access to capital and more favorable terms.
The platform offers flexibility for borrowers, allowing them to use crypto as collateral without forced liquidations (up to 100% loan-to-value), as long as they remain current on repayments. This provides greater control in volatile markets.
The SKW token serves a utility-based purpose, used for lender membership tier benefits and borrower loan origination fees. Higher membership tiers offer increased access and perks, while tokens are unlocked after a period and can be traded.
Skew Debit Card and Rewards
Beyond lending, Skew integrates a real-world spending feature. Users can opt for the Skew debit card and earn up to 8% in Skew Points on everyday purchases, redeemable for gift cards. This simple reward system provides tangible value without navigating complex DeFi mechanisms.
Community and User Experience
Skew prioritizes community engagement through open Telegram channels, fostering transparency and trust. The platform’s interface is modeled after familiar online banking apps, making it accessible to newcomers while meeting the needs of experienced users. Skew supports both fiat and digital assets, broadening its appeal.
Compliance and Launch
Skew’s journey began with a focus on Swiss compliance, securing licenses, and establishing a robust legal framework. After extensive development, Skew officially launched in May 2025 and announced a $100,000 giveaway for its first 1,000 members.
Skew’s Vision and Future
Skew aims to bridge the gap between traditional finance and the crypto world. CEO Daniele Capasso explains that traditional companies are seeking alternatives to banks, recognizing the value of faster capital access and better rates offered by Skew. By using Skew, these companies can also help bring crypto into real-world use cases.
The platform prioritizes simple account setup, community interaction, and familiar financial behaviors. Skew focuses on gradual feature additions, ensuring thorough testing and long-term growth.
Key Features of Skew:
- P2P Lending: Connects lenders and borrowers directly.
- Fiat and Crypto Support: Facilitates transactions with both traditional and digital currencies.
- Debit Card Rewards: Earn up to 8% in Skew Points on everyday purchases.
- Community Engagement: Fosters transparency and trust through open communication channels.
- Compliance: Operates under Swiss regulatory standards.
- User-Friendly Interface: Modeled after familiar online banking apps.
Skew is building a platform that extends beyond crypto natives, making decentralized finance practical, compliant, and usable for a wider audience.
