Term Finance vaults
About Term Finance
Noncustodial fixed-rate liquidity protocol modelled on tri-party repo arrangements.
The current listing contains $1.8M TVL in 4 vaults with a TVL-weighted average APY of 0.0% (annualised, last 30 days).
Term Finance is a noncustodial fixed-rate liquidity protocol modelled on tri-party repo arrangements common in traditional finance (TradFi). Liquidity suppliers and takers are matched through a unique weekly auction process where liquidity takers submit bids and suppliers submit offers to the protocol.
The protocol determines a "market clearing rate" that matches supply and demand. Bidders who bid more than the clearing rate receive loans and lenders asking less than the clearing rate supply liquidity.
Key features:
- Fixed-rate DeFi lending and borrowing via auctions
- Scalable transactions with no spread, no slippage, and low fees
- Collateral sits in isolated noncustodial smart contracts (repoLocker)
- No rehypothecation - collateral cannot be lent to other borrowers
Filters
Display
Hide vaults
Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Parity Prime USDC Term Finance | 0.0% | --- | 0.2% | 12.2 | 0.1% | 0.0% | USDC | $47.64K $48.23K | 0.2 | --- | Capped | Low |  | ||
Parity Core USDC Term Finance | 0.0% | 12.9% | 3.4% | 2.3 | 5.2% | 0.0% | USDC | $14.17K $2.44M | 0.4 | --- | Capped | Low |  | ||
RockawayX Tori USDC Term Finance | 0.0% | --- | 0.0% | 2.8 | 0.0% | 0.0% | USDC | $501.08K $501.09K | 0.1 | --- | Capped | Low |  | ||
K3 Capital USDT Term Finance | 0.0% | 0.0% | 2.2% | --- | 0.0% | 0.0% | USDt | $1.27M $8.36M | 1.3 | --- | Instant | Low |  |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter