paydece P2P
Decentralized P2P fiat on/off ramp, the best way from fiat to DeFi.
Created on 15th April 2025
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paydece P2P
Decentralized P2P fiat on/off ramp, the best way from fiat to DeFi.
The problem paydece P2P solves
On and off ramping to DeFi, we have a decentralized P2P to buy or sell crypto with fiat using self-custodial wallets and Smart Contracts Escrow.
Challenges I ran into
We started in 2021, raising our first funds and facing the harsh realities of building in Web3 — including nearly running out of runway multiple times. Since then, we’ve raised over $2.2M, in a round led by Tim Draper, with participation from Protocol Labs, Ripio Ventures, and Ava Labs. We've transacted over $25M across 35,000+ transactions.
Our journey has been marked by resilience: we endured a major drop in volume after removing USDT due to MiCA restrictions in Europe — losing over 50% of volume. We recovered. We were hacked via our hosting provider GoDaddy. We recovered.
We’ve pivoted from a car escrow marketplace to a P2P crypto platform and now to building a fiat on/off ramp widget connecting directly with wallets and DeFi apps. Since 2021, we’ve fallen, adapted, and come back stronger — every time.