PANews
PANews|Aug 17, 2026 16:02
[DeFi Lending Protocol Twyne Completes $2.5 Million Seed Round Financing] DeFi lending credit delegation layer protocol Twyne has completed a $2.5 million seed round financing, co-led by Cyber Fund and Ethereal Ventures, with participation from Euler, Daedalus, and several individual investors. Twyne focuses on addressing the issue of 'idle credit' in the lending market by building a credit delegation layer that transfers borrowing capacity originally tied to collateral depositors to parties with genuine borrowing needs, thereby improving overall credit utilization and market capital efficiency. The protocol aims to bridge the gap between the collateral side and the credit utilization side, optimizing the credit allocation mechanism in the DeFi lending market.
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