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Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, the first of its kind in DeFi. It brings borrowers and lenders together in a fair and transparent auction process, which determines a single market clearing rate for all participants, regardless of size.

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TERM fundraising-history
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strategicfundraising-$M--2024-07-08Electric Capital,Maelstrom Capital,Inception Capital,Blizzard Fund,Arete Capital,Delta Blockchain Fund,Frens,Will Price,Mike Silagadze,DeFi Dad
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  • 2025-03-26
    $TERM was live for trading
  • 2024-07-09
    Term Finance raised $ 5.5 M in strategic financing
  • 2023-08-01
    Term Finance was live on mainnet
  • 2023-02-28
    Term Finance raised $ 2.5 M in Seed round
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