Company Information

Get to know Swivel Finance

Swivel Finance developed and deployed a decentralized finance (DeFi) protocol that allowed users to engage in fixed-yield lending and trade interest rates. The protocol worked by splitting yield-bearing tokens (like cTokens from Compound) into two separate components: a zero-coupon bond equivalent (nTokens) and the underlying yield-bearing asset (ytTokens). This allowed lenders to lock in a guaranteed fixed interest rate, while speculators and arbitrageurs could trade on the future direction of variable yields. The project aimed to bring the sophistication of traditional interest-rate derivatives to the DeFi ecosystem. However, in May 2023, the team announced they were sunsetting the project and would no longer maintain the user interface or related infrastructure.

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Swivel Finance

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

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--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.