What is Term Finance?
The Term Finance Protocol offers noncustodial fixed-rate collateral lending, inspired by traditional tri-party repo arrangements. It uses unique recurring auctions where borrowers submit sealed bids and lenders submit offers, determining the market-clearing interest rate. Above-rate bidders get loans, while below-rate lenders facilitate loans. Unmatched bids and offers remain. After auctions, borrowers receive loan proceeds, and lenders get ERC-20 tokens for redemption. Smart contracts handle repayments and collateral management.
Web3 dapps and developer tools related to Term Finance
Discover blockchain applications that are frequently used with Term Finance.
CarbonDecentralized Exchanges (DEXs)
Onchain trading protocol for limit and range orders, w. auto-rotating, one-directional liquidity.
Convex FinanceDeFi Yield Aggregators
Convex Finance is a boosted yield optimizer for Curve Finance's CRV tokens.
Bumper FinanceDecentralized Options
Protect the value of your crypto using a radically innovative DeFi protocol.
Resources and Guides about Decentralized Lending Dapps
Term Finance Alternatives
Explore web3 competitors and apps like Term Finance.
MapleDecentralized Lending Dapps
Maple Finance is an Institutional capital network built on Ethereum and Solana.
Cream FinanceDecentralized Lending Dapps
C.R.E.A.M finance is a Defi protocol allowing users to stake tokens and quickly acquire loans.
NotionalDecentralized Lending Dapps
Notional is the leading fixed rate, fixed term borrowing and lending protocol on Ethereum.
