Port Finance is a lending protocol offering variable rate lending, fixed-rate lending, and interest rate swaps. The project was co-founded by Gabriel Wong and launched in August 2021.
On Port Finance, users can borrow and lend crypto assets with fixed or variable interest rates.
Port Finance generates revenue through borrowing fees and flash loan fees. Its native token is PORT, first issued in August 2021 with a total supply of 100M. The PORT holders govern the Port DAO. Port Finance's investors include Jump Capital, Solana Foundation, GSR, Spartan Group, Brevan Howard, and A41, among others.
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