Description
Tenor is a non-custodial, institutional-grade platform that enables users to borrow at fixed rates, manage, and automate their positions onchain. The protocol facilitates the creation of fixed-rate lending markets on top of existing money markets like Morpho, using a concentrated interest rate AMM for P2P matching to improve rate efficiency. Borrowers are matched at fixed rates using institutional-grade lending infrastructure, with trades settled instantly onchain. They can lock in a fixed rate until maturity and repay at any time, offering flexibility. Tenor also offers auto-rolling features, custom execution callbacks, and advanced monitoring. The platform is built on Morpho's battle-tested smart contracts, which have been audited by leading security firms. Additionally, Tenor has developed a Uniswap V4 hook to function as a next-generation matching engine for highly efficient, fixed-rate lending and borrowing.
