Ethereum

Interest rate AMMs are the next evolution for onchain lending. They…

→ Improve matching efficiency vs money markets
→ Improve the lending and borrowing UX

Borrow at fixed rates, manage, and automate your positions with Tenor's non-custodial, institutional-grade platform.

Learn more about Tenor’s interest rate AMM:
https://blog.tenor.finance/onchain-interest-rate-amms

Concentrated liquidity interest rate AMMs are the solution. They enable…

→ P2P matching: Lending AMMs enable users to lend and borrow at specific interest rates for a set maturity date. This significantly cuts the spread of traditional money markets.

→ Better UX for borrowers: Users have the ability to borrow at fixed rates, preventing the need to unwind positions due to rapid changes in a market’s utilization.

Variable rate money market are great, but…

→ Interest rate spreads between borrow and lend rates in these markets frequently range from 20% to 40% of the borrowing rate.

→ Borrow rates can spike when utilization increases above the kink, hindering the UX for borrowers.