Timeswap

Timeswap is the first fully oracleless, decentralized AMM-based money market protocol, enabling permissionless creation of lending and borrowing markets for any ERC-20 token. Founded in 2020 and headquartered in Tortola, British Virgin Islands, Timeswap operates as a non-custodial, immutable, and censorship-resistant peer-to-pool protocol that works without oracles or liquidators — eliminating the systemic risks associated with oracle manipulation and forced liquidations present in traditional DeFi lending protocols. Often described as 'Uniswap, but for lending and borrowing,' Timeswap uses a three-variable AMM to price time preference, enabling fixed-maturity money markets where lenders earn fixed yields and borrowers take fixed-rate loans. The protocol launched V2 in February 2023 on Arbitrum, Polygon, and other EVM-compatible chains, and has since grown to significant scale.