Coupon Finance
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Protocol TVL
About Coupon Finance
Flexible fixed-rate lending protocol enabled by fully on-chain order books.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
How Coupon Finance's TVL is measured
DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.
TVL consists of deposit and collateral in the Coupon Finance contract
If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.
Security & Audits
Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.
Coupon Finance Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Nov 20, 2023Listed on DeFiLlama
Protocol Profile
Coupon Finance is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Arbitrum. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Coupon Finance is a single-chain protocol, deployed exclusively on Arbitrum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.
Official Resources & Links
Verified external resources for Coupon Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Lending protocols on Mantapex
Coupon Finance is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure $43.4B in deposits, giving you a frame of reference for whether Coupon Finance's own TVL is at the top, middle, or tail of the category.
Recent Coupon Finance news
Latest reporting from major crypto news outlets covering Coupon Finance.
- Cointelegraph
BTC mining industry finances AI gold rush with $11B convertible bond boom
The Bitcoin mining industry is financing its expensive pivot to AI data centers with convertible debt that sometimes features a 0% coupon.
- PYMNTS
Tether Co-Founder's Startup Wants to Usher in ‘Stablecoin 2.0'
A new startup from one of the founders of Tether is reportedly taking a page from the traditional finance world. STBL mimics traditional finance's zero-coupon strip structures by…
- The Cryptonomist
Coupons every two weeks on Ethereum: Grayscale launches ETCO and aims to turn volatility into income
Grayscale has debuted with ETCO, an active ETF that uses covered calls on Ether-linked ETPs to generate bi-weekly distributions; the news has also been reported by major financial…
- Crypto news
MARA engineers $850m financial flywheel to fuel Bitcoin buying spree
MARA Holdings, the largest publicly traded Bitcoin miner by market capitalization, unveiled an $850 million private offering of zero-coupon convertible notes due 2032.
- Crypto Economy
MEXC Teams Up With Ondo Finance to Roll Out Tokenized U.S. Defense and Energy Stocks
MEXC and Ondo Finance launched seven tokenized U.S. stocks from the defense and energy sectors, available for immediate trading on the exchange under USDT pairs. The assets…
- Coindesk
Tether, Tokenization Pioneers Unveil Startup Focused on GENIUS-Aligned Digital Dollars
Traditional finance has long had a way of splitting capital from coupons, allowing investors to separate interest-payment flows from the principal. Now, a team of stablecoin and…
- Benzinga
El Salvador's Bitcoin Bet Pays Off, Sovereign Bonds Skyrocket 200%, Challenging IMF's Warnings
El Salvador's financial landscape has witnessed a notable improvement recently, with its dollar-denominated sovereign bonds showcasing an impressive rally. The country's…
- Blockonomi
Metaplanet (3350.T) Secures $50M in Zero-Coupon Bonds for Bitcoin Acquisition
Metaplanet has secured an additional $50 million through a zero-interest bond offering to expand its Bitcoin treasury — showing no signs of retreating from its aggressive…
Related protocols
Other DeFi protocols connected to Coupon Finance by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Lending protocols
Top protocols on Arbitrum
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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