Swaylend Project Introduction, Team, Financing and News

Performances

Comparison

Event Calendar

Oct 21, 2024

Swaylend launches on the mainnet

Follow Updates

Details

Swaylend is a decentralized lending protocol built on the Fuel Network, forked from Compound V3 with its core logic rewritten in the Sway language. The protocol organizes markets around a single base asset—for example, the USDC market uses USDC as the lending and borrowing asset. Users can supply assets to earn interest or borrow the base asset with overcollateralization. Within the same market, a user cannot simultaneously borrow and supply the same asset, but can do so across different markets. Borrowing requires attention to collateral ratio, liquidation thresholds, and interest rate fluctuations. The protocol charges no extra fees beyond network gas.

Tags:

DeFi

Lending

Ecosystem(1):

Fuel

Founded:

2023