Term Finance
![Term Finance](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1697959281%2Fdapp-store%2Fdapp-logos%2FTerm%2520Finance.png&w=640&q=75)
Decentralized Lending Dapps
Term Finance
Digital Asset Lending for Institutions. Transparent, Low Cost.
![](/_next/image?url=%2Fimages%2Fbig-blur.png&w=1920&q=75)
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.
![Carbon Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675449%2Fdapp-store%2Fdapp-logos%2FCarbon.png&w=96&q=75)
Decentralized Exchanges (DEXs)
Onchain trading protocol for limit and range orders, w. auto-rotating, one-directional liquidity.
![Convex Finance Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675901%2Fdapp-store%2Fdapp-logos%2FConvex%2520Finance.png&w=96&q=75)
DeFi Yield Aggregators
Convex Finance is a boosted yield optimizer for Curve Finance's CRV tokens.
![Bumper Finance Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1717014300%2Fdapp-store%2Fdapp-logos%2FBumper%2520Finance.png&w=96&q=75)
Decentralized 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.
![Maple Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675940%2Fdapp-store%2Fdapp-logos%2FMaple.jpg&w=96&q=75)
Decentralized Lending Dapps
Maple Finance is an Institutional capital network built on Ethereum and Solana.
![Cream Finance Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675478%2Fdapp-store%2Fdapp-logos%2FCream%2520Finance.png&w=96&q=75)
Decentralized Lending Dapps
C.R.E.A.M finance is a Defi protocol allowing users to stake tokens and quickly acquire loans.
![Notional Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675954%2Fdapp-store%2Fdapp-logos%2FNotional.jpg&w=96&q=75)
Decentralized Lending Dapps
Notional is the leading fixed rate, fixed term borrowing and lending protocol on Ethereum.
![Section background image](/_next/image?url=https%3A%2F%2Fwww.datocms-assets.com%2F105223%2F1695993053-convertion-panel-bg-dark.jpg&w=3840&q=75)