Logo of TermFinance LendTermFinance Lend
Total Value Locked$3.45m

TVL by Chain

Ethereum$3.45m

Arbitrum$4,718.43

Plasma$478.1

Base$53.78

Avalanche$20.01

Key Metrics

Active Loans$2.89m

Total Raised$8m

May 9, 2023$2.5mRound: SeedInvestors: Electric Capital, Coinbase Ventures, Circle Ventures, Robot Ventures, MEXC Ventures

Jul 9, 2024$5.5mRound: Strategic Investors: 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.

Category:Lending

Audits:

WebsiteTwitter

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 GitHub

Competitors

Aave V3 ($14.034b)Euler V2 ($352.68m)Ploutos Money ($479.93)Fluid Lending ($669.98m)Folks Finance xChain ($4.92m)Morpho Blue ($7.847b)SparkLend ($3.634b)Maple ($2.499b)Compound V3 ($1.128b)Venus Core Pool ($1.067b)

Frequently Asked Questions

What is TermFinance Lend?

TermFinance is a fixed rate borrow/lend protocol pioneering an auction model to originate fixed rate, fixed term crypto backed loans at scale.

What is TermFinance Lend's TVL?

TermFinance Lend currently has $3.45m in total value locked. TVL has increased 133.4% over the past 30 days.

What chains does TermFinance Lend operate on?

TermFinance Lend operates on 5 chains: Arbitrum, Avalanche, Plasma, Base, and Ethereum. Ethereum holds the largest share at 99.8%.

How much has been borrowed through TermFinance Lend?

TermFinance Lend currently has $2.89m in active loans.