About

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

Twyne operates as a non-custodial layer on top of lending protocols such as Euler, creating a marketplace for borrowing power. At its core, Twyne serves:

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

• Borrowers → access more capital than underlying lending markets permit, utilizing the additional credit as a buffer against liquidation or to increase leverage.

This delegation layer unlocks the value of idle liquidity while preserving 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 more leverage — not just to speculate, but to:

• Increase liquidation buffers

• Loop yield strategies more effectively

• Or simply make better use of capital