Universal credit
delegation layer
Twyne lets lenders rent their unused borrowing power to liquidation-weary borrowers
Credit Delegation Layer
Twyne creates a unified credit delegation layer that connects lenders with borrowers across all major DeFi protocols, eliminating fragmentation and maximizing capital efficiency.
Twyne Benefits
Proactive Liquidation Buffer
94% of AAVE V3 liquidations of ETH-USDC pair in the last 2 years could have been prevented with just 10% more buffer. Twyne lets you rent other lenders' borrowing power to instantly boost your liquidation threshold, making your loan healthier and more resilient.
Imagine you deposit $1000 worth of ETH to Euler and borrow $700 USDC, putting you at 70% LTV. The market's LLTV is hardwired at 80%, leaving you with a thin safety margin. Twyne lets you reserve more credit from other lenders and boost your effective LLTV to (example) 95% relative to your original collateral. Your position now has a larger cushion and higher tolerance to market downturns.
(Most) Capital Efficient
Defending your loan today means either having to partially unwind or add more of your own collateral. By tapping into lenders' unused credit capacity, Twyne improves your position without forcing you to lock in a loss or shovel in extra capital.
Cents on the Dollar
Borrowers are only charged for the added credit they reserve from lenders, paid out of their collateral. Spread over your entire position, this comes out to a sliver of average liquidation costs and upfront penalties (usually 2-10%).
How it works
Twyne consists of two types of vaults:
Credit-vault: Stores all Euler IOUs from Credit LPs. One master vault.
Collateral vault: Allows borrowers to reserve Euler IOUs from the Credit-vault. One per user.
To use Twyne, both lenders and borrowers start by depositing their Euler IOUs.
Users can then choose their preferred role within Twyne:
Delegate your borrow power - your IOUs are deposited to the master credit vault
Use others' borrowing power - your IOUs are deposited to individual collateral vaults
Twyne borrowers can then rent assets from the Credit Vault to improve their Euler loan
In Euler's eyes, it simply looks like the borrower's position added more collateral.
Borrower's loan is made healthier, its Liquidation Threshold increased relative to their original collateral
How it works
Twyne consists of two types of vaults:
Credit-vault: Stores all Euler IOUs from Credit LPs. One master vault.
Collateral vault: Allows borrowers to reserve Euler IOUs from the Credit-vault. One per user.
To use Twyne, both lenders and borrowers start by depositing their Euler IOUs.
Investors
Latest Articles
& Research
Twyne for Lenders: Turn your idle borrowing power into APY
Over 60% of all assets in DeFi are sitting idle. For every $100 deposited to Euler, AAVE or Morpho, only $30-$40 is ever borrowed...
Liquidation protection and LTV up to 94%. Twyne for Borrowers.
There’s a native inefficiency in how DeFi throttles borrowers. No matter your collateral, use case, or lending market, your credit capacity always gets kneecapped by the Liquidation Loan-to-Value (LLTV)...
Twyne: A credit-delegation protocol
Overview: Twyne is a modular risk layer that leverages credit-delegation to unlock new levels of capital efficiency in lending markets. At its core, Twyne allows...
Audits
Frequently Asked Questions
Find answers to common questions about our platform, security, and services
Credit delegation is a DeFi mechanism that allows users to delegate their borrowing capacity to other users without transferring the underlying collateral. This enables more efficient capital utilization while maintaining security through smart contracts.
Twyne implements multiple layers of security including smart contract audits, invariant tests, multi-signature protocols, and real-time monitoring. Our platform undergoes regular security assessments by leading blockchain security firms
Our fees are set to 0%.
More info in our Telegram group.
© 2025 Twyne Labs. All rights reserved.