Tenor OTC Expands Collateral Options with AERO Support

Tenor OTC, the bespoke lending arm of Tenor Finance, has expanded its list of supported collateral to include AERO, the native token of Aerodrome.

This move gives holders of AERO a new way to put their assets to work without selling them, as they can now use it as collateral for fixed-rate borrowing on Base.

Tenor OTC is not your typical DeFi lending pool; instead of dumping assets into a shared liquidity pool, borrowers and lenders negotiate bespoke agreements directly.

The platform, powered by Morpho Midnight, allows users to define their own collateral assets, loan durations, and terms.