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Echelon

Echelon  

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DeFi

General Info

Funds and Backers

Description

Echelon is a lending market connecting liquidity and supercharging yields.

What is Echelon?

Echelon is a decentralized financial market written in the Move programming language. Its users can borrow and lend assets to each other indirectly via non-custodial pools to earn interest or increase one's buying power with leverage.

Echelon is a money market enabling permissionless borrowing and lending of assets. The protocol protects lenders from defaults and collateral volatility by requiring borrowers to over-collateralize loans, alongside other risk management parameters.

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