InformationTVL

TermFinance

Total Value Locked$33.94m

TVL by Chain

Ethereum$33.47m

Base$418,607

Avalanche$51,333

Key Metrics

Borrowed$17.27m

Total Raised$8m

May 9, 2023$2.5mRound: SeedInvestors: Electric Capital, Coinbase Ventures, Circle Ventures, Robot Ventures, MEXC Ventures

Jul 9, 2024$5.5mRound: Strategic Investors: Electric Capital, Maelstrom, Arete Capital, Delta Blockchain Fund, Inception Capital, Blizzard Fund, Will Price, eric.eth, Mike Silagadze, Rok Kopp, Mckenna, Danish Chaudhry, Defi Dad, Nomatic, Joe Takayama, Steve Lee

Protocol Information

TermFinance is a fixed rate borrow/lend protocol pioneering an auction model to originate fixed rate, fixed term crypto backed loans at scale.

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol