Twyne

Twyne

Twyne is a universal credit delegation layer that lets lenders rent their unused borrowing power to liquidation-weary borrowers. It creates a unified layer connecting lenders and borrowers across major DeFi protocols to maximize capital efficiency.
Distributed

Description

Twyne is a universal credit delegation layer that connects lenders with borrowers across all major DeFi protocols, aiming to eliminate fragmentation and maximize capital efficiency. The platform allows borrowers to rent other lenders' borrowing power to instantly boost their liquidation threshold, making their loans more resilient to market downturns without needing to add more of their own collateral. The system operates using two types of vaults: a 'Credit-vault' which stores all Euler IOUs from Credit LPs, and a 'Collateral vault' for each user, allowing them to reserve Euler IOUs from the Credit-vault. Both lenders and borrowers deposit their Euler IOUs to participate. The service is designed to be capital efficient, with borrowers only charged for the added credit they reserve.

Grant Funding

VC Funding

None
2025

$0

$450K