Echelon

Echelon

Universal lending market connecting liquidity and supercharging yields on Aptos.

HQ location
San Francisco, United States
Launch date
Enterprise value
$14—21m
More about Echelon
Made with AI
Edit

Echelon is a decentralized financial market that operates on the Aptos blockchain, utilizing the Move programming language. The platform enables users to borrow and lend assets through non-custodial pools, allowing them to earn interest or leverage their buying power. Echelon's protocol ensures the safety of lenders by requiring borrowers to over-collateralize loans and by implementing risk management measures such as liquidations. The company primarily serves cryptocurrency investors and traders looking for efficient and secure ways to maximize their asset yields. Echelon's business model revolves around facilitating these lending and borrowing activities, earning revenue through transaction fees and interest rate spreads. The market it operates in is the decentralized finance (DeFi) sector, which is rapidly growing and evolving. Echelon stands out by offering formally audited services, high collateralization rates, and cost-effective borrowing options.

Keywords: decentralized finance, Aptos blockchain, Move programming, non-custodial pools, over-collateralization, risk management, cryptocurrency, lending, borrowing, yield optimization.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads