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IPOR (Inter Protocol Overhead Rate) is a decentralized interest rate index protocol that serves as a benchmark for onchain fixed-income DeFi markets. Built on Ethereum and focused on credit derivatives, IPOR enables interest rate swaps, allowing traders and institutions to hedge or speculate on rate changes across key assets like USDC, USDT, and DAI. The protocol introduces transparent, onchain yield curve data and powers a growing ecosystem of structured financial products. IPOR is a foundational layer for fixed-income DeFi, similar to LIBOR in traditional finance—but decentralized and composable.
Trade Into IPOR
Swap into IPOR-supported stablecoins like USDC, USDT, or DAI in one click.
OnChain Interest Rates
Access decentralized interest rate benchmarks and swaps via IPOR.
It's easier with ShapeShift
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