Total Value Locked$3.58m
TVL by Chain
Ethereum$3.57m
Arbitrum$1,243
Plasma$491.22
Base$53.78
Avalanche$20
Key Metrics
Active Loans$2.96m
Total Raised$8m
May 9, 2023$2.5mRound: SeedInvestors: Electric Capital, Coinbase Ventures, Circle Ventures, Robot Ventures, MEXC Ventures
Jul 9, 2024$5.5mRound: StrategicInvestors: Electric Capital, Maelstrom, Arete Capital, Delta Blockchain Fund, Inception Capital, Blizzard Fund, Will Price, eric.eth, Mike Silagadze, Rok Kopp, Mckenna, Danish Chaudhry, Defi Dad, Nomatic, Joe Takayama, Steve Lee
Protocol Information
TermFinance is a fixed rate borrow/lend protocol pioneering an auction model to originate fixed rate, fixed term crypto backed loans at scale.
Audits:
Methodology
TVL: Counts tokens held by Term Finance's term repo lockers: collateral backing open loans, plus purchase tokens locked as auction offers or repaid and awaiting lender redemption.View code on GitHubCompetitors
Frequently asked questions
What is TermFinance Lend's TVL?
TermFinance Lend currently has $3.58m in total value locked. TVL has decreased 4.5% over the past 30 days.
What chains does TermFinance Lend operate on?
TermFinance Lend operates on 5 chains: Ethereum, Arbitrum, Plasma, Base, and Avalanche. Ethereum holds the largest share at 99.9%.
How does TermFinance Lend's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, TermFinance Lend ranks #92 by TVL. The category holds $52.181b across 516 protocols, and TermFinance Lend accounts for <0.1% of that total. Other leading protocols include Aave V3, Euler V2, Morpho Blue, Fluid Lending, Folks Finance xChain, OmniBTC, Tarot, Impermax V2, Granary Finance, and Ajna V2.
How much has been borrowed through TermFinance Lend?
TermFinance Lend currently has $2.96m in active loans.