Spectra Overview
Spectra is an EVM-centric protocol for interest rate derivatives with an easy-to-use flagship app.
Last updated
Spectra is an EVM-centric protocol for interest rate derivatives with an easy-to-use flagship app.
Last updated
The Spectra protocol is permissionless, meaning its services are entirely open for public use. Anyone can create new markets at will, swap yield derivatives, or become a liquidity provider.
Below, you'll discover its key objectives and features.
Spectra's Yield Token and Principal Token, minted on top of ERC-4626 interest-bearing tokens, are core protocol primitives. Spectra separates the right to principal from future yield via a process called yield tokenization. This process unlocks new financial possibilities beyond standalone interest-bearing tokens.
Permissionless Pool Creation
Fixed Rates
Yield Trading
These key use cases can be abstracted into other narratives, such as upfront yield, discounted tokens, fixed savings, or fixed lending activities.
Empowering DeFi with a permissionless protocol for interest rate derivatives
Delivering cutting-edge solutions that can be seamlessly incorporated, built upon, and utilized by builders and other platforms in the DeFi ecosystem.
Upholding decentralization as a fundamental value, promoting community-driven growth via a DAO while the core team diligently and sustainably progresses the protocol
Spectra is a decentralized interest rate derivatives protocol with different entities and individuals contributing to its development and adoption.
Spectra Protocol: A decentralized, permissionless interest rate protocol that permanently exists on the Ethereum Virtual Machine.
The Spectra App: a flagship interface that allows easy interactions with the Spectra protocol. Multiple protocol interfaces can exist.
Spectra Governance: A governance system for governing the Spectra Protocol, enabled by the APW token.
: A company that develops the Spectra Protocol and the Spectra App.
