The global
lending platformPowered by stablecoins.

Tenor offers institutions a global venue to access and trade stablecoin powered credit markets. All markets are non‑custodial.

USDCJan 5in 84 days
5.62%
5.55%
5.50%
5.48%
Lend Offers5.45%
Borrow offers
Borrow Offers5.35%
5.30%
5.22%
BorrowLend
Collateral
3,200,000EURC
Borrow
3,000,000USDC
TermJan 55.45%Fixed APR
Borrow
Backed by
  • Variant
  • Coinbase Ventures
  • Prelude
  • Nascent

For asset managers

Lend and allocate to stablecoin credit markets

A turnkey platform

Create an organization, set allocation rules and role based policies, lend stablecoins across a wide set of markets.

Allocate across lending markets

Create rules and make programmatic allocation decisions. Leverage advanced order management capabilities.

Create roles & policies

Spin up embedded wallets and set up roles across your team. Configure roles across key workflows.

On-ramp & off-ramp

Seamless on-ramping and off-ramping between stablecoins and fiat.

Create private gated vaults

Use private vaults and wallet policies to enforce role based access controls.

Reporting & monitoring

Monitor your portfolio in real time, track account value, P&L and set alerts.

For borrowers

Access stablecoin
liquidity just‑in‑time

  • Borrow stablecoin inventory just‑in‑time
  • Get access to a stablecoin line of credit
  • Borrow against tokenized assets (FX, crypto)
>$3B

in liquidity from a global network of lenders. Request a quote, compare offers and settle with the best one.

GauntletQuantitative risk manager running >$1.5B in vault strategies.
GauntletQuantitative risk manager running >$1.5B in vault strategies.

Use the Tenor API to power your operations

  • Send and request quotes programmatically
  • Integrate the Tenor API into your operations
  • Create advanced trading and reallocation strategies
Explore the Tenor API
Try itREST
  1. 1Quote
POST/v1/quotes
{
  "chain_id": 8453,
  "action":   "borrow",
  "market":   "EURC/USDC",
  "term":     ,
  "size":     { "principal":  }
}
ResponseEdit a value, then press Run

Built on non‑custodial, battle tested infrastructure

Battle-tested

Built on Morpho immutable smart contracts, securing >$15B

Audited & formally verified

Reviewed by leading security firms and formally verified.

Non‑custodial

Only you can access your funds. Set up roles across your team.

Read our security docs

Access stablecoin credit markets Using the global lending platform

Get started with Tenor today