The Sense Project is winding down and the UI will be deprecated in Q4 2023. We encourage users to withdraw any remaining funds via the existing Portal UI by December 1, 2023. For more info, check out our pinned post.
Mission & VissionWe build decentralized infrastructure for fixed incometo make the world’s financial system more resilient, accessible, transparent and fair.
Users have greater flexibility to earn/borrow at a fixed rate and trade against future yields.
Sense has a permissive design, allowing anyone to create new future yield markets.
No new debt creation. No liquidations. No risk of protocol insolvency.
How Sense Works
Sense works by breaking down a variable yield-bearing asset (a "Target") into two fixed term assets: a Principal Token (PT) and a Yield Token (YT). PTs & YTs trade on Sense Space, a high-yielding custom AMM.
Take capital efficient long/short bets on future yields. Buy YTs to go long, and PTs to go short.
Earn a Fixed Rate
Protect yourself from interest rate volatility. Buy and hold PTs to earn a fixed APY. Exit anytime.
Add Liquidity to a Space Pool
Earn a variable APY by providing liquidity to Sense Space AMM.