# About

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

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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

