Tenor Labs

Tenor Finance operates in the decentralized finance (DeFi) sector, providing a protocol that facilitates fixed interest rate Automated Market Makers (AMMs) for lending and borrowing. The platform is designed to be layered on top of existing money markets, offering a capital-efficient and flexible solution for users, Decentralized Autonomous Organizations (DAOs), and curators. Tenor's business model revolves around enabling users to set their preferred lending and borrowing rates, with unmatched orders earning the prevailing money market rate until matched. The protocol is non-custodial and self-executing, ensuring that lenders and borrowers are matched at fixed rates without the need for governance updates. Tenor's smart contracts are public, audited by leading security firms, and powered by decentralized validators. Currently in the testnet phase, Tenor is expected to launch in 2025, targeting developers and participants in the DeFi ecosystem. The platform's focus on efficiency and simplicity makes it a compelling choice for those seeking to optimize their capital in the DeFi space.

Keywords: DeFi, fixed interest, AMM, lending, borrowing, money markets, non-custodial, capital efficiency, smart contracts, decentralized.