Lend

What are the different methods to lend on Tenor?

Tenor allows users to lend at fixed rates by using a market order, with a limit order, or through OTC offers.

What currencies can I lend on Tenor?

Tenor enables users to lend stablecoins as well as WETH, and long-tail assets through OTC offers.

How much is the lending rate determined?

The lending rate is determined by the market and is fixed for the duration of the position. Lenders are matched with borrowers peer-to-peer, rates are user determined.

Can I exit my position before maturity?

Yes, lenders can exit their position at anytime before maturity by selling their position at the market rate or by creating a limit order. If there is no liquidity in the market to sell their position, lenders must wait until maturity to redeem their positions.

Can I create multiple limit orders?

Yes, users can create limit orders to lend at a specific rate for a set maturity. Lenders can set multiple limit orders across different markets and maturities concurrently.

Are my funds idle when I wait for a limit order to fill?

Tenor allows lenders to deposit their funds in Morpho v1 markets with identical parameters (collateral, LLTV, oracle) at a variable rate while waiting for their fixed-rate limit order to be matched by a borrower on Morpho v2. This minimizes the opportunity cost for the lender. Users can also keep their funds idle if they prefer.