Fixed Term Vaults
Fixed Term Vaults let institutions borrow stablecoins for a fixed term at a fixed interest rate, backing the loan with on-chain collateral. Suppliers fund the loan during a fundraising window and earn the target APR at maturity. Each vault funds a single loan and closes once settlement is complete.
The product has two sides:
Institution (borrower) — deposits collateral, claims the raised funds, repays at maturity, and recovers any remaining collateral.
Supplier (lender) — supplies the loan asset during fundraising, holds through the lock period, and redeems principal plus the target yield once the institution has repaid.
Available on BNB Chain.
Pick Your Guide
Institution — you want to borrow against collateral at a fixed rate and need to get a vault from Venus and walk through the full lifecycle
Supplier — you want to supply during fundraising and earn the target yield at maturity
For the contract-level details, see the Fixed Term Vaults Technical Reference.
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