Term Finance

Term Finance

Fixed rate lending on-chain at scale

About Term Finance

Founded

2022

Address

United States

Community

Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, the first of its kind in DeFi. It brings borrowers and lenders together in a fair and transparent auction process, which determines a single market clearing rate for all participants, regardless of size.

Team Members

Dion Chu
Dion ChuCo-Founder & CEO
Billy Welch
Billy WelchFounder
Dai Yu
Dai YuCo-founder and Chief Financial Officer
R
Robert ChuCTO

Investors

Electric CapitalElectric Capital
Maelstrom CapitalMaelstrom Capital
Inception CapitalInception Capital
Blizzard FundBlizzard Fund
Arete CapitalArete Capital
Delta Blockchain FundDelta Blockchain Fund
FrensFrens
Will PriceWill Price
Mike SilagadzeMike Silagadze
DeFi DadDeFi Dad
Joe TakayamaJoe Takayama
Rok KoppRok Kopp
Steve LeeSteve Lee
Danish ChaudhryDanish Chaudhry
Coinbase VenturesCoinbase Ventures
Robot VenturesRobot Ventures
Circle VenturesCircle Ventures
MEXC VenturesMEXC Ventures
OWCOWC
Fernando MartinelliFernando Martinelli
0xMaha0xMaha
S
Shreyas

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Strategic
$5.50M
--
2024-07-08
Electric CapitalElectric Capital*
Maelstrom CapitalMaelstrom Capital
+ 12
Seed
$2.50M
--
2023-02-27
Electric CapitalElectric Capital*
Coinbase VenturesCoinbase Ventures
+ 7