Tenor provides a fixed-rate borrowing infrastructure for digital assets onchain, enabling predictable borrowing costs until maturity. The platform facilitates efficient matching of borrowers and lenders through the Morpho Protocol, offering automated position management and institutional-grade security.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CCFounders
Product
Problem
The onchain economy faces challenges in providing predictable and stable borrowing rates, hindering efficient capital management for digital assets. Existing solutions often involve variable rates or complex mechanisms that introduce uncertainty for borrowers and lenders.
Solution
Tenor offers a fixed-rate borrowing infrastructure designed for the onchain economy, enabling users to borrow, manage, and automate their digital asset activities. The platform leverages the Morpho Protocol to facilitate efficient matching of borrowers and lenders, ensuring predictable interest rates until maturity. Tenor's non-custodial, institutional-grade platform provides advanced automation and monitoring tools, simplifying onchain financial management. Borrowers can manage their positions, including early repayment or auto-renewal, through a user-friendly interface.
Target Audience
Tenor serves individuals and institutions seeking stable borrowing rates onchain, including market makers, lending desks, funds, exchanges, and fintech companies.
Features
- Fixed-rate borrowing infrastructure built on the Morpho Protocol for predictable onchain lending.
- Non-custodial platform ensuring user control over digital assets.
- Institutional-grade smart contracts with security audits from leading firms.
- Automated features including auto-renewal and custom execution callbacks for position management.
- Advanced monitoring tools for real-time tracking of onchain positions.
- Flexible repayment options, including early repayment before maturity.
- Options for extending positions at maturity or transitioning to variable rate markets.
- API access for institutional clients to integrate Tenor's infrastructure.