
Tenor Finance
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DeFi
Status
What is Tenor Finance?
Tenor Finance is a non-custodial, self-executable, fixed-rate lending protocol that allows for the creation of permissionless markets and efficiently matches lenders and borrowers.
Tenor's Interest Rate AMM is unopinionated and consists of a set of interest rates that increment according to a fixed interest rate spacing. Users can specify their preferred lend or borrow rates using these different ticks. When users specify an interest rate at which they want to borrow or lend they can either set an order or execute a trade instantly against the liquidity in the AMM.
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