NOTE
($8.32 M)
34.00%
15.20%
4.11%
3.66%
2.88%
2.35%
2.35%
1.82%
1.27%
1.25%
120.71 k
We estimated the value of this pool based on the value of its stable/native coins.
Top pools
NOTE / WETH
$54.54 k / $19.76
NOTE / USDT
$51.57 k / $39.51
NOTE / USDC
$14.12 k / $11.15
NOTE / WETH
$402.89 / $8.41
NOTE / WETH
$0.01 / $0
Notional is the first decentralized, Ethereum-based protocol for borrowing and lending at fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market because variable interest rates don’t provide the certainty that lenders and borrowers require. Notional fixes this by creating a true market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors.
Right now, users can borrow or lend USDC & DAI for up to one year, and ETH & WBTC for up to six months from Notional's on-chain liquidity pools. With Notional's V2 upgrade, liquidity providers enjoy a low-touch experience, and no longer need to roll their debts to new maturities as it is done automatically through the use of nTokens, ERC20 tokens that represent a user's share of the liquidity pool.
After raising a $10 million Series A in May 2021 from some of the top VC firms, including Coinbase Ventures, Notional’s protocol has been relaunched on 11/1 with a host of new features as well as the NOTE governance token.