About

Twyne is a noncustodial credit delegation protocol designed to maximize the capital efficiency of lending markets.

Twyne operates as an immutable layer on top of lending protocols like Euler, enabling a marketplace for borrowing power. At its core, Twyne is for:

• Lenders (Credit LPs) that can put their unused borrowing power to work and earn additional yield by underwriting other users’ loans.

• Borrowers that can access more capital than standard lending platforms allow, using that extra credit as a liquidation buffer or to increase leverage.

This delegation layer unlocks the value of idle liquidity while maintaining the safety and isolation of the underlying lending protocol.

Why is Twyne important?

Over 60% of borrowing power across markets goes unused. That’s billions in idle capital dragging down utilization rates, and with it, everyone’s APYs.

Meanwhile, many borrowers want to access more leverage — not JUST to degen, but to:

• Increase liquidation buffers

• Loop yield strategies more effectively

• Or simply make better use of capital

Twyne connects these two groups.

It lets lenders delegate their borrowing capacity to others and earn extra yield in return. This creates a new, isolated risk layer. The underlying lending protocol remains protected, but capital efficiency is significantly improved.

✅ Increased yield for lenders ✅ Higher LTV for borrowers ✅ Better utilization for protocols