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Hourglass

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Category: DeFi
TVL: $131K

Description

Hourglass is a protocol and RFQ marketplace that facilitates the trading of time-bound tokens (TBTs). TBTs represent staked assets in DeFi protocols that are committed for a specific duration. The marketplace allows users to unlock liquidity by selling the rights of the time duration in a secondary market, while also providing rewards for long-term alignment and enabling protocols to access committed liquidity.