Fira is live.

Fixed-rate lending and borrowing, deployed on Ethereum. Market-discovered rates. Explicit maturities. Zero-coupon bonds onchain.

What launches today:

- Fixed-rate markets with defined maturities (Q2 2026)
- Floating-rate markets (wstETH/USDC, cbBTC/USDC)
- Pendle PT collateral (PT-USDe, PT-sUSDe, PT-USDG)
- Curated vaults for passive depositors
- Internal rehypothecation of reserves

Borrowers lock a cost. Lenders lock a return. The market sets the price. No variable interest accrual. The rate is fixed at entry and settled at maturity.

Six independent audits by four firms. $500K bug bounty via Sherlock. All contracts open-source and verified.

App: http://app.fira.money

Docs: http://docs.fira.money

Whitepaper: http://docs.fira.money/resources/whitepaper

The fixed credit layer starts now.