Skip to main content

On-Chain Rates

Definition

On-Chain Rates refer to interest rates, lending yields, or other financial metrics that are directly recorded and verifiable on a blockchain. These rates are typically determined by supply and demand within decentralized finance protocols, managed by smart contracts. Their function is to provide transparent and auditable financial data, enabling users to assess the cost of borrowing or the return on lending digital assets without relying on centralized intermediaries. This data offers real-time market insights.