Size Credit Launch Aims at Multi-Trillion-Dollar Lending Industry, According to Chainwire

Arizona, United States, August 7th, 2024, Chainwire

Size Credit has introduced a pioneering fixed-rate lending solution aimed at addressing fragmented liquidity through its innovative yield curve order book model. This approach allows users to tailor their loan terms to suit any duration.

The team notes that while fixed-rate lending represents the largest financial market globally, it has historically faced challenges in transitioning to decentralized finance (DeFi).

For the first time, DeFi users can set their own rates and terms, with the advantage of earning a variable rate on unmatched offers. This development not only allows sophisticated investors to mitigate risks associated with market fluctuation but also provides the flexibility and scale that institutional players have sought in the DeFi space.

The protocol is set to launch on August 7, 2024, at 10 AM ET on Base, a layer-2 solution operated by Coinbase. The launch prioritizes security and has undergone three independent audits, as well as a $200,000 competition to ensure code integrity.

Fixed terms are fundamental in traditional finance (TradFi), as they facilitate various derivatives and structured products.

Summary

• The protocol launch follows two years of research and development.
• Size Credit signifies a transformative step in DeFi fixed-rate lending, enhancing scalability for institutions.
• Its unique order book model significantly boosts liquidity efficiency across different maturities.
• Users can now define their own yield curves for trading.
• Additionally, users have the opportunity to earn a variable rate on unmatched offers.

About Size Credit

Size Credit is the first protocol designed to consolidate liquidity and provide flexible fixed-term lending solutions. The team has been quietly developing the protocol over the past two years, aiming to elevate DeFi lending to meet institutional needs.

Contact Information

Business Development: Jamie White
Size Credit
Email: [email protected]

This article was originally published by Chainwire.