15 DeFi Platforms Redefine Fixed & Floating Returns with Yield Stripping

Interest Rate Swap and Yield Stripping DEXs are revolutionizing DeFi by allowing users to separate principal and yield exposure, creating fixed and floating returns.

Pendle is a well-known protocol that divides yield-bearing tokens into principal and yield tokens for trading and speculation. Another platform, Boros, focuses on yield trading in the context of interest rates and funding rates, providing leveraged positions for users to achieve directional exposure or manage risk.

Exponent's yield stripping technology allows users to uncouple yield from assets, creating independent exposures to fixed and floating yields. IPOR offers fixed-floating swaps on decentralized interest-rate indices for hedging and speculation.