Tender.fi operates as a decentralized finance (DeFi) protocol that allows users to participate in money markets on the Arbitrum blockchain. It functions as a fork of the well-established Compound v2 protocol, enabling users to lend their crypto assets to earn interest or borrow other assets against their posted collateral. The project's mission is to provide a secure and efficient platform for capital efficiency in the DeFi space. Its history is notably marked by a significant security exploit in March 2023, after which the protocol was paused, audited, and relaunched.

Founded in

United States