Sense Finance

Start by turning your existing yield source into clear, tradable building blocks. In Sense, a builder connects a wallet, selects the underlying asset (for example, a vault or interest-bearing token), chooses a maturity date, and launches a term. The protocol mints two claims: one that locks in return at expiry and another that tracks the variable earnings until that date. You can set caps, fees, and metadata, then route issuance through shared liquidity so users can trade in and out at any time. Dry-run your flow on testnet, verify pricing with quotes, and publish your market once spreads and depth look healthy.

If you manage a treasury, the workflow is straightforward. Deposit your holdings to mint both legs, then sell the variable leg to secure a defined payoff at maturity; or do the opposite if you want to speculate on future rates. Use watchlists to monitor term curves and maturity ladders, then roll positions by swapping into the next series as expiry approaches. For cash management, carve out short-dated tranches for predictable runway while leaving the rest to float. Alerts help you catch dislocations so you can rebalance between fixed and floating exposure without pausing operations.

Liquidity providers and traders can work the term markets with precision. Seed depth in the relevant pools and earn fees from order flow across maturities. Run neutral inventory by balancing both legs, or lean directional by holding more variable exposure when you expect yields to rise. Hedge basis risk by offsetting with spot or other rate assets, and unwind before maturity if your view changes. At expiry, redeem fixed claims for principal and settle the variable side automatically. Use duration and payout breakdowns to understand how price moves map to your portfolio’s risk.

Integrators can weave these instruments into apps and strategies. Quote, mint, split, and redeem via router contracts; pull term data and positions using indexing endpoints; and subscribe to maturity events so interfaces update promptly. Build structured products like auto-roll ladders, vaults that convert variable earnings to scheduled payoffs, or lending markets that accept the fixed claim as collateral. For quant teams, simulate returns across curves and set playbooks that roll or rebalance when rates cross defined thresholds. Compose with other protocols to source yield, manage leverage, or distribute payouts on a schedule that matches user needs.