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.
Shade ProtocolDecentralized Exchanges (DEXs)
Shade's Defi hub is a super-app for private defi, uniting all products in one simple Dapp.
EisenDecentralized Exchanges (DEXs)
Customizable Ethena.Fi for Ce-DeFi hybrid yield strategies.
SarosDecentralized Exchanges (DEXs)
Saros Finance is a multi-purpose DeFi protocol on Solana.
Resources and Guides about Decentralized Lending Dapps
Term Finance Alternatives
Explore web3 competitors and apps like Term Finance.
Euler FinanceDecentralized Lending Dapps
The Euler protocol is a non-custodial, permissionless lending protocol built on Ethereum.
TimeswapDecentralized Lending Dapps
Timeswap is like Uniswap but for lending & borrowing.
SparkDecentralized Lending Dapps
Spark is on a mission to empower the DAI ecosystem. As part of the MakerDAO community.
