Exactly
Exactly Protocol is a decentralized, non-custodial, open-source protocol providing an autonomous fixed and variable interest rate market.
- Category
- DeFi & Yield
About Exactly
Exactly Protocol is a decentralized, non-custodial, open-source protocol that provides an autonomous fixed and variable interest rate market.
Developed with contributions from Exa Labs SAS, Exactly Protocol aims to complete the decentralized finance credit market by offering both fixed and variable interest rate mechanisms for users.
Key features
- The protocol implements a continuous and differentiable non-linear function to establish its interest rate model.
- It includes a dynamic close factor for liquidity management during user liquidation processes.
- A risk model calculates health factors by applying risk-adjusted collateral and debt values.
- Assets are dynamically allocated between variable and fixed rate pools depending on credit demand and supply.
- Fixed rates for depositors are backed by ex-ante payments from previous fixed-rate borrowers.
What it is used for
- Deposit assets into variable rate pools.
- Borrow funds using a variable interest rate.
- Deposit crypto assets at a fixed interest rate.
- Borrow crypto assets at a fixed interest rate.
What it does
Who it is for
Kind of tool
- Exchange
Platforms
- Web
Things to know
- The protocol operates on a non-custodial basis.
- Multiple security auditing firms including ABDK, Chainsafe, Coinspect, and Quantstamp have audited the protocol's code.
Links
Verification and freshness
- Not verified yet.
- Last updated on November 8, 2026.
.png){kind=small}
