Fixed Income. Endless Possibility.

Get leverage and access secondary liquidity for your favorite DeFi fixed income assets.

Incubated By
Proudly Accepting
Discover
Universal Liquidity

Make fixed income assets the start, not the end, of your DeFi strategies.

FIAT Protocol lets you borrow against your positions in fixed income assets issued by leading DeFi protocols, at high loan-to-value ratios and for low fees.

Mint FIAT and spend or invest while still earning yield on your assets. Redeem FIAT for the cheapest-to-deliver asset in the protocol vault, always.

Why FIAT?

I

Leverage

Mint FIAT via collateralized debt positions and use it to trade and earn throughout DeFi

II

Provide Liquidity

Participate in FIAT liquidity pools to earn governance rights in the protocol and more

III

Diversify

Hedge exposure to a wide array of underlying assets, protocols, and time horizons

IV

Swap

Redeem FIAT for fixed income assets without the need for order books or market makers

BuilT to Last

Permissionless smart contracts supporting the future of fixed income leverage

Learn more about how FIAT Protocol works and how you can support its continued open source development.

A Digital Cooperative

FIAT Protocol is stewarded by a decentralized autonomous organization (DAO)