Chainwire

Size Credit Launch Targets Multi-Trillion-Dollar Lending Industry

Size Credit marks a shift in DeFi fixed-rate lending towards scalability for institutions.

Chainwire · Aug. 7, 2024 at 11:26 am UTC · 1 min read
Size Credit Launch Targets Multi-Trillion-Dollar Lending Industry

Disclaimer: This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more ›

Arizona, United States, August 7th, 2024, Chainwire – Size Credit is the first fixed-rate primitive to solve fractured liquidity with its unique yield curve order book model and enable users to structure loan terms around any tenor.

According to the team, fixed-rate lending is the world’s largest financial market but until now has struggled to translate over to DeFi.

For the first time, DeFi users can define their own rates and durations while having the option to earn an Aave variable rate on unmatched offers.

This not only means sophisticated degens can de-risk from market volatility, it also finally delivers flexibility and scale institutional players have been waiting for from DeFi.

The protocol launch will take place at 8/7/2024 at 10am ET on Base, an Ethereum L2 operated by Coinbase. This launch has been built on a security-first approach with three independent audits from Spearbit, Solidified, and a $200,000 Code4rena competition.

Fixed terms are the bedrock of TradFi and enable a range of derivatives and structured products.

Summary

  • Protocol launch after two years of R&D.
  • Size Credit marks a shift in DeFi fixed-rate lending towards scalability for institutions.
  • Unique order book model vastly increases liquidity efficiency across maturities.
  • For the first, users are able to define their own yield curves to trade against.
  • Users can also earn an Aave rate on unmatched offers.

About Size Credit

Size Credit the first protocol to unify liquidity and enable flexible fixed-term lending. The team has been developing the protocol in stealth for the last two years on its mission to finally scale DeFi lending to match institutional demands.

Website: https://size.credit/

X: https://x.com/SizeCredit

Docs: https://docs.size.credit/

Media kit: https://docs.size.credit/official-links/media-kit/

 

Contact

Business Development
Jamie White
Size Credit
[email protected]

Share
Chainwire x CryptoSlate

Broadcast your project news with guaranteed coverage on industry-leading publications like CryptoSlate.

CryptoSlate has partnered with Chainwire to deliver press releases distributed across numerous crypto media sites, including Cointelegraph, Decrypt and The Defiant.

Chainwire has been used by over 800 brands and PR agencies worldwide.

Get Started with Chainwire
Latest Press Releases

Disclaimer: This is a sponsored press release. CryptoSlate is not responsible or liable for any content, accuracy, quality, advertising, products or other materials associated with this press release. Readers and consumers should conduct their own research prior to taking any actions related to the company. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content, goods and/or services included in the press release. Please read our full dislaimer/disclosure statement here.