Shift into Term Finance

Term Finance is a decentralized fixed-rate borrowing and lending protocol that operates through onchain auctions. Unlike variable rate lending markets, Term Finance enables users to lock in fixed interest rates over specific durations, offering predictability and capital efficiency for both lenders and borrowers. Built on Ethereum and optimized for DeFi power users, it facilitates institutional-grade credit markets without intermediaries. Term’s auction-based clearing mechanism ensures transparent rate discovery and efficient capital allocation.