Tenor provides a simple interface to the Morpho protocol, a non-custodial, self-executing protocol that matches lenders and borrowers at fixed interest rates.
How does Tenor support institutional players? Tenor provides automation services such as auto-rolling and settlement, as well as compliance tools including KYT monitoring and whitelisting services. If needed, Tenor can offer execution guarantees with SLAs.
Can you repay a position before maturity? Yes. Borrowers may exit their positions prior to maturity, subject to sufficient available liquidity.
What happens at maturity? Borrowers can either extend their positions by rolling forward into a longer-dated maturity, or settle their loans into the variable rate market. To streamline this process, Tenor offers automated tools that make it simple for borrowers to manage their positions at maturity.
