Swivel Finance

Swivel Finance is a decentralized finance protocol that specializes in fixed-rate lending and interest-rate derivatives.

The platform allows users to tokenize cash flows, enabling them to split yield-bearing deposits into separate tokens for future yield and principal-at-maturity. This design supports fixed-yield lending, yield boosting, and various rate-trading applications. The services offered by Swivel include a robust infrastructure for fixed-rate lending and borrowing, interest-rate swaps, and an order-book marketplace for trading interest-rate derivatives. Users can engage with yield tokens and principal-at-maturity tokens, which represent claims on the underlying assets and their yields. The protocol is designed to cater to both individual DeFi users and institutional clients seeking decentralized fixed-income solutions. Swivel is based in Austin, Texas, and is recognized for its innovative approach to financial software and DeFi infrastructure.