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logo Port Finance

Port FinanceCrypto Jobs

Port Finance aims to provide a whole suite of money market products. They aim to provide variable rate lending, fixed rate lending and also interest rate swap products. Their backers include Jump Capital, Alameda Research, Defi Alliance, a41 and founders of other Solana projects such as Mercurial, Solanium and Raydium. They are the first variable rate lending product that is live on Solana. Currently, Port Finance supports 13 different assets from the Solana, Ethereum, Terra and Bitcoin networks. In December 2021, they launched their first fixed rate lending product Sundial and they believe that the fixed rate lending protocol will unleash the true potential of the Solana blockchain by providing an effective interest rate discovery mechanism using Serum.