Fixed-Rate Yield
Fixed-Rate Yield evaluated across what happens at maturity; whether the rate is actually fixed, and who can change it; the price of leaving early; and who owes you the fixed leg if the strategy misses.
7providers tracked
7ranked (methodology v2026.11.1)
12 November 2026Ranking snapshot
28 September 2026oldest read · due 12 NovIndependent. Evidence-based.We rank with a published method and sourced evidence. No one can pay to rank.How it works
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Pick a country to see which fixed-rate yield protocols serve it. Nothing is hidden — any that does not is listed with that reason.- 🇺🇸 United States
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7 providers match your requirements
Out of 7 ranked providers. 0 excluded.
What this ranks
Ranked here: protocols that sell a depositor a known rate to a known maturity, through principal tokens, fixed-term lending with an expiry, or a tokenised fixed leg.Not ranked here: lending and borrowing markets with no expiry, yield aggregators, tokenised T-bills and money-market funds, which the scope excludes by construction.7 of the 7 assessed are ranked.Requirements narrow the list; they never change a published ChainChoice Score. How the ranking works
Exactly Protocol
How Exactly Protocol was chosen
Leads this ranking on The price of leaving earlyA variable-rate lending market
80 / 100 out of 100published score, #1 of all 7 worldwide
Evidence
High
4/4 criteria scored, with 4 dated sources quoted.What happens at maturityThe price of leaving early
Why it leads
- Exactly Protocol is 1 point ahead of Pendle, mainly because it scores higher on its rate lock integrity and its early exit cost.
- Best in this ranking on early exit cost (9/10; next 8/10)
- Ahead of Pendle on rate lock integrity (+1.6 points) and early exit cost (+1.5 points)
Tradeoff
Fixed leg obligor: 3 points below the best in this ranking
Share
#ProviderPriceCompare
2
Splits a yield-bearing token into a zero-coupon...
79 / 100 out of 100
3
TF
Non-callable on-chain tri-party repo
76 / 100 out of 100
4
Solana yield-stripping exchange selling...
75 / 100 out of 100
5
A Solana credit order book
72 / 100 out of 100
6
Permissionless yield-tokenisation protocol
71 / 100 out of 100
7
A fixed-rate lending AMM
70 / 100 out of 100
Compare providers (0)
See key differences in features, fees, security and more.
Early exit cost
The price of leaving early
24% of the published criteria weight. Scored 0–10 from the published evidence; the order below is by this criterion, then the published ranking.
| Provider | Early exit cost (0–10) | ChainChoice Score |
|---|---|---|
| Exactly Protocol | 9 | 80 |
| Pendle | 8 | 79 |
| Exponent Yield Exchange | 8 | 75 |
| Spectra V2 | 7 | 71 |
| Term Finance | 6 | 76 |
| Loopscale | 6 | 72 |
| TermMax | 2 | 70 |
Maturity handling
What happens at maturity
32% of the published criteria weight. Scored 0–10 from the published evidence; the order below is by this criterion, then the published ranking.
| Provider | Maturity handling (0–10) | ChainChoice Score |
|---|---|---|
| Pendle | 10 | 79 |
| Exactly Protocol | 9 | 80 |
| Term Finance | 8 | 76 |
| Exponent Yield Exchange | 8 | 75 |
| Loopscale | 7 | 72 |
| Spectra V2 | 6 | 71 |
| TermMax | 6 | 70 |
Rate lock integrity
Is the rate actually fixed, and who can change it
26% of the published criteria weight. Scored 0–10 from the published evidence; the order below is by this criterion, then the published ranking.
| Provider | Rate lock integrity (0–10) | ChainChoice Score |
|---|---|---|
| TermMax | 6 | 70 |
| Exactly Protocol | 4 | 80 |
| Term Finance | 4 | 76 |
| Exponent Yield Exchange | 4 | 75 |
| Pendle | 3 | 79 |
| Loopscale | 3 | 72 |
| Spectra V2 | 3 | 71 |
Fixed leg obligor
Who owes you the fixed leg if the strategy misses
18% of the published criteria weight. Scored 0–10 from the published evidence; the order below is by this criterion, then the published ranking.
| Provider | Fixed leg obligor (0–10) | ChainChoice Score |
|---|---|---|
| TermMax | 10 | 70 |
| Term Finance | 9 | 76 |
| Loopscale | 9 | 72 |
| Spectra V2 | 8 | 71 |
| Exactly Protocol | 7 | 80 |
| Pendle | 7 | 79 |
| Exponent Yield Exchange | 6 | 75 |
All 4 published criteria
Every ranked row’s score on each criterion, in the published order. Choose a column to order by it.
| Provider | ChainChoice Score | |||||
|---|---|---|---|---|---|---|
| 1 | Exactly Protocol | 9 | 4 | 9 | 7 | 80 |
| 2 | Pendle | 10 | 3 | 8 | 7 | 79 |
| 3 | Term Finance | 8 | 4 | 6 | 9 | 76 |
| 4 | Exponent Yield Exchange | 8 | 4 | 8 | 6 | 75 |
| 5 | Loopscale | 7 | 3 | 6 | 9 | 72 |
| 6 | Spectra V2 | 6 | 3 | 7 | 8 | 71 |
| 7 | TermMax | 6 | 6 | 2 | 10 | 70 |
How this ranking works
How firm the #1 is, the per-criterion arithmetic behind each score, who pays ChainChoice, and which fixed-rate yield were assessed and left out.
One point from changingExactly Protocol leads Pendle by 1 point
A one-point change on one criterion puts Pendle first, so read both.
See the arithmetic
Move what happens at maturity — the heaviest criterion that changes it, weighted 32 — by a single point and Pendle takes first place. Both are worth reading. The published rankings file
Why this score4 published criteria · leads 1 of 4
Published criterionWtScore, and the best hereGap/10 out of 10Pts
What happens at maturity7.7−199.2
Is the rate actually fixed, and who can change it6.2−243.3
The price of leaving early5.8·96.9
Who owes you the fixed leg if the strategy misses4.3−374.0
Σ methodology points23.5/32
Each bar is the score on that criterion’s own 0–10 scale, never rescaled to the pool. The dark line is the best any product here reached on that axis. Wt is the most the criterion can add to the 86-point weighted total. Pts is weight × score × 32; the sum is the methodology score, and each weighted point behind the leader costs 2.6 on the displayed score. how these are weighted
Why it ranks first
Why Exactly Protocol leads this category right now
A variable-rate lending market that also sells fixed terms: each 4-week maturity is its own pool, the depositor's interest is stamped into contract storage at deposit, and exit before maturity is priced by a published discount formula the protocol will quote you on-chain before you sign — but on 2026-09-28 its Optimism USDC fixed-deposit book was 140,787 USDC, only 58,622.83 of it not yet matured, in an $11.38m protocol, and on Base, where the growth is, it is exactly zero. Strongest on what happens at maturity (9/10): Exactly's Deposits guide says matured deposits can be withdrawn with "no limit to the time" but earn no further interest, and nothing rolls automatically; on Optimism 80,150 USDC sits idle in the pool that matured 2026-09-24. Weakest on is the rate actually fixed, and who can change it (4/10): Exactly sets each fixed deposit's rate from its pool, and its markets are upgradeable through a 24-hour TimelockController run by a 3-of-6 Safe, disclosed on the access-control page rather than the deposit guide. Base holds no fixed deposits at any maturity. Published price: Parameters page (https://docs.exact.ly/guides/parameters), re-fetched 2026-09-28 (HTTP 200, "Last updated 24 days ago"). The fee that lands on a fixed DEPOSITOR is section "G.
Best for
What happens at maturity — 9/10
Main tradeoff
Judge the documentation and judge the book separately, because they diverge sharply. Every quotation in this brief survived a character-exact re-fetch on 2026-08-12: the docs publish a discount formula with a worked example, an explicit no-deadline / no-accrual statement for matured deposits, a named 24-hour timelock and 3-of-6 Safe (both re-read on-chain: getMinDelay() 86400, getThreshold() 3, 6 owners), and an honest admission that a large fixed deposit can sit at zero yield. But the fixed-rate DEPOSIT product is a rounding error inside a variable-rate lending market. Sweeping all 15 deployed Markets — Auditor.allMarkets() returns 6 on Optimism, 4 on Base and 5 on Ethereum — across 80 four-week maturities each on 2026-08-12 (OP block 155,484,248; Base 49,888,858; Ethereum 25,741,355): total fixed deposits are 175,905.14 in stablecoins (OP USDC 175,087.954149, OP USDC.e 316.066486, ETH USDC 251.121281, ETH DAI 250.000000) plus 3.886895 WETH, 1,879.965432 OP, 0.500013 wstETH and 0.00015651 WBTC — against DefiLlama TVL of $5,587,508, roughly 3%. Of the OP USDC book, 18,628.829764 (10.6%) was then already past maturity and earning nothing. On 2026-09-28 (OP block 157,509,261) the OP USDC book was 140,787.19, of which 82,164.36 was past maturity — 80,150.00 in the pool that matured 2026-09-24 and 2,004.235477 still stranded in the pool that expired 2026-05-07 — leaving 58,622.83 live, against DefiLlama TVL of $11,376,990; OP MarketUSDC had taken no fixed deposit in the 32 days since 2026-08-27. Five of the fifteen markets hold zero fixed deposits at any maturity. Most starkly, Base — where the DAO put its growth (EXAIP-26, cbXRP, 1,883,516.72 USDC of fixed borrows on 2026-09-28, up from 705,445.60 in August) — has ZERO fixed depositors: on 2026-09-28 fixedPools[m].supplied reads 0 at every maturity in all four Base markets, and across the 200,000 Base blocks to 51,914,056 (~4.6 days) MarketUSDC emitted no DepositAtMaturity event against 4,024 BorrowAtMaturity events from 392 borrowers. On Base, Exactly's fixed-rate product exists only as a borrower product, funded entirely by the variable pool. A depositor should also know Base is permissioned and mechanically different: lockedAssets(address) returns there and reverts on Optimism, proving Base runs VerifiedMarket/VerifiedAuditor with Auditor.firewall() = 0x310A2694…E01; per EXAIP-26 an allower "has the right to revoke the permissions granted to a user", after which debt is repaid without penalty and "The assets that are not used to repay the debt will be locked" — though the proposal also says "If the user is allowed to interact with the protocol again in the future, the assets will be unlocked. This decision is not final and can be revoked by the allower." What the proposal does not say is that lock() force-closes fixed deposits at the early-exit discount with zero min-output, and unlock() returns variable-pool shares, not the original term. Optimism is permissionless (its Auditor has no firewall() at all) and holds essentially the entire fixed-deposit book. Finally, EXAIP-32 (created 2026-05-16, voting closed 2026-05-22, 1,453,565 For / 8,469 Against) splits the org into a DAO-governed protocol layer and a corporate NewCo running the Exa App and Exa Card; GitHub activity is overwhelmingly on the app. The fixed-rate market is stable, audited and maintained — but it is not where this team is spending its attention.
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Recommendation summary
What should decide this category
If you hold past maturity and do nothing, what happens — does it stop accruing, auto-roll, or must you claim it by a date?
Is the rate fixed by contract at deposit, or quoted and changeable before settlement — and who can change it?
What does it cost to leave before maturity, at the size you would actually sell, and is there depth to sell into?
Who owes you the fixed leg if the underlying strategy does not earn it?
Quick picks
Strong options in this category
Start with the lead choice first, then use the shortlist only if you still need a challenger or stronger fit for a specific setup.
Best overall
Exactly Protocol
A variable-rate lending market that also sells fixed terms: each 4-week maturity is its own pool, the depositor's interest is stamped into contract storage at deposit, and exit before maturity is priced by a published discount formula the protocol will quote you on-chain before you sign — but on 2026-09-28 its Optimism USDC fixed-deposit book was 140,787 USDC, only 58,622.83 of it not yet matured, in an $11.38m protocol, and on Base, where the growth is, it is exactly zero.
A variable-rate lending market that also sells fixed terms: each 4-week maturity is its own pool, the depositor's interest is stamped into contract storage at deposit, and exit before maturity is priced by a published discount formula the protocol will quote you on-chain before you sign — but on 2026-09-28 its Optimism USDC fixed-deposit book was 140,787 USDC, only 58,622.83 of it not yet matured, in an $11.38m protocol, and on Base, where the growth is, it is exactly zero. Strongest on what happens at maturity (9/10): Exactly's Deposits guide says matured deposits can be withdrawn with "no limit to the time" but earn no further interest, and nothing rolls automatically; on Optimism 80,150 USDC sits idle in the pool that matured 2026-09-24. Weakest on is the rate actually fixed, and who can change it (4/10): Exactly sets each fixed deposit's rate from its pool, and its markets are upgradeable through a 24-hour TimelockController run by a 3-of-6 Safe, disclosed on the access-control page rather than the deposit guide. Base holds no fixed deposits at any maturity. Published price: Parameters page (https://docs.exact.ly/guides/parameters), re-fetched 2026-09-28 (HTTP 200, "Last updated 24 days ago"). The fee that lands on a fixed DEPOSITOR is section "G.
Best for: What happens at maturity — 9/10
What happens at maturity · weight 32%9/10Is the rate actually fixed, and who can change it · weight 26%4/10The price of leaving early · weight 24%9/10Who owes you the fixed leg if the strategy misses · weight 18%7/10
Quick pick
Pendle
Splits a yield-bearing token into a zero-coupon principal token and a yield token, so the PT buyer holds a rate fixed at execution and redeemable 1:1 for the accounting asset at a named expiry — the category's documentation reference, and the only venue left in it whose exit costs can still be measured at institutional size after an 86% TVL decline.
Splits a yield-bearing token into a zero-coupon principal token and a yield token, so the PT buyer holds a rate fixed at execution and redeemable 1:1 for the accounting asset at a named expiry — the category's documentation reference, and the only venue left in it whose exit costs can still be measured at institutional size after an 86% TVL decline. Strongest on what happens at maturity (10/10): Pendle's Roll Over guide says a matured PT stops appreciating and "sits idle until you move it", redeemable 1:1 for the accounting asset at any time; nothing rolls automatically, and the Fees page says yield on unredeemed matured positions goes to the Pendle treasury. Weakest on is the rate actually fixed, and who can change it (3/10): Pendle's PT and Market contracts are immutable, but its developer docs say the SY contracts that every PT redeems into are upgradable proxies; the upgrade key is a 3-of-5 Safe with no timelock, and no product page names it. Published price: From the Fees page (docs.pendle.finance/pendle-v2/ProtocolMechanics/Mechanisms/Fees), re-fetched 2026-09-28 (HTTP 200); every fee sentence is unchanged from the 2026-08-13 read: "Pendle collects a 5% fee from all yield accrued (including points) by all YT in…
Best for: What happens at maturity — 10/10
What happens at maturity · weight 32%10/10Is the rate actually fixed, and who can change it · weight 26%3/10The price of leaving early · weight 24%8/10Who owes you the fixed leg if the strategy misses · weight 18%7/10
Quick pick
TF
Term Finance
Non-callable on-chain tri-party repo whose lenders hold ERC-20 Term Repo Tokens that redeem 1:1 after maturity, with no early redemption and a pro-rata haircut published in advance — but its markets have gone quiet: V2 (launched 2026-08-04) moved trading to Terminal 1 order markets, no mainnet auction has cleared since 2026-08-19, and the last Terminal 1 fill was 2026-08-21.
Non-callable on-chain tri-party repo whose lenders hold ERC-20 Term Repo Tokens that redeem 1:1 after maturity, with no early redemption and a pro-rata haircut published in advance — but its markets have gone quiet: V2 (launched 2026-08-04) moved trading to Terminal 1 order markets, no mainnet auction has cleared since 2026-08-19, and the last Terminal 1 fill was 2026-08-21. Strongest on who owes you the fixed leg if the strategy misses (9/10): Term publishes that a repayment shortfall means "a haircut applied equally across all lenders", paid in purchase tokens rather than collateral; 3,713 mainnet redemptions show none. No mainnet auction has cleared since 2026-08-19. Weakest on is the rate actually fixed, and who can change it (4/10): Term repo tokens redeem 1:1 with a named haircut exception, but the token is an upgradeable proxy: an ownerless Safe can upgrade it behind a 24-hour delay with invalidators, and an admin Safe can pause burning, disclosed only on developer pages. Published price: Term Finance FAQ (https://docs.term.finance/protocol/faq), re-fetched 2026-09-28 (HTTP 200), unchanged since 2026-08-12: "Generally speaking, lenders are not subject to any protocol fees.
Best for: Who owes you the fixed leg if the strategy misses — 9/10
What happens at maturity · weight 32%8/10Is the rate actually fixed, and who can change it · weight 26%4/10The price of leaving early · weight 24%6/10Who owes you the fixed leg if the strategy misses · weight 18%9/10
Quick pick
Exponent Yield Exchange
Solana yield-stripping exchange selling Principal Tokens at a discount to a dated maturity, priced in implied APY across an on-chain rate order book and a rate CLMM; its docs state outright that there is no redemption deadline, and no roll mechanism exists anywhere in the corpus.
Solana yield-stripping exchange selling Principal Tokens at a discount to a dated maturity, priced in implied APY across an on-chain rate order book and a rate CLMM; its docs state outright that there is no redemption deadline, and no roll mechanism exists anywhere in the corpus. Strongest on what happens at maturity (8/10): Exponent's post-maturity table says a PT is "Redeemable 1:1 for the underlying asset. No deadline to redeem." It states that accrual stops only in the YT row, and no roll mechanism exists. Weakest on is the rate actually fixed, and who can change it (4/10): Exponent discloses "mutable code and adjustable protocol parameters" only on its security page; its Solana programs sit under 3-of-5 and 3-of-6 Squads multisigs with a 4-hour timelock, and the CLMM was upgraded on 2026-09-23 with positions open. Published price: Exponent publishes fee CATEGORIES but no fee RATE. From "Protocol Risks & Fees" (https://docs.exponent.finance/user-documentation/protocol-risks-fees), re-fetched 2026-09-28 (HTTP 200) and unchanged since 2026-08-12: "Exponent charges fees across different…
Best for: What happens at maturity — 8/10
What happens at maturity · weight 32%8/10Is the rate actually fixed, and who can change it · weight 26%4/10The price of leaving early · weight 24%8/10Who owes you the fixed leg if the strategy misses · weight 18%6/10
Considered and not ranked
None left out by name
We assessed 7 products here and rank all 7. No product has been turned away by name; when one is, its name and the reason appear here. Evidence last read 28 September 2026.
What this ranking does not assess
- Contract failure: the code holding the funds is exploited.
- Regulatory failure: no licence where you are, or a forced market exit.
- Execution failure: you get a worse price, later, or nothing.
These can still cost you money here; the ranking does not measure them, so a high place says nothing about them. Which criterion scores each family, and why the others do not apply, is in /data/risk-coverage.json.
How this ranking is built
Reviewed on what happens at maturity, is the rate actually fixed, and who can change it, the price of leaving early, and who owes you the fixed leg if the strategy misses.
Data checked Sep 2026 · Independent rankings · We show our work
How this page is reviewed
Reviewed means every product ranked on this page was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
Direct answer
What is the best fixed-rate yield protocol in 2026?
Exactly Protocol ranks #1 overall for fixed-rate yield on ChainChoice. A variable-rate lending market that also sells fixed terms: each 4-week maturity is its own pool, the depositor's interest is stamped into contract storage at deposit, and exit before maturity is priced by a published discount formula the protocol will quote you on-chain before you sign — but on 2026-09-28 its Optimism USDC fixed-deposit book was 140,787 USDC, only 58,622.83 of it not yet matured, in an $11.38m protocol, and on Base, where the growth is, it is exactly zero. It holds that rank under an affiliate-blind methodology scored across 4 published, weighted criteria — the code that ranks providers physically cannot read affiliate payouts (CI-enforced), so a payout can't move a rank. The verdict re-computes on every fee change, incident, or regulatory action; the full reasoning and the audit receipt are under Methodology.
How you can lose money here, and what the ranking scores
- Control failure: a key or vote changes the rules, freezes or mints.Scored by Is the rate actually fixed, and who can change it · 26% (Exactly Protocol 4/10, Pendle 3/10, Term Finance 4/10)
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by Who owes you the fixed leg if the strategy misses · 18% (Exactly Protocol 7/10, Pendle 7/10, Term Finance 9/10)
- Exit failure: you cannot get out at par, on time, or with what is yours.Scored by What happens at maturity · 32% (Exactly Protocol 9/10, Pendle 10/10, Term Finance 8/10)Scored by The price of leaving early · 24% (Exactly Protocol 9/10, Pendle 8/10, Term Finance 6/10)
Not assessed by this ranking: Contract failure, Regulatory failure, Execution failure. A high place says nothing about these; the Methodology tab says what each means.
FAQs
4 questions readers ask before choosing fixed-rate yield.
Frequently asked
Questions people ask before choosing fixed-rate yield
What happens if I just hold past the maturity date?
It depends entirely on the venue, which is why this question carries 32% of the weight — more than any other on this page. At the documented end, a protocol publishes an explicit no-deadline and no-accrual statement with a worked example: the position stops earning at maturity and can be claimed whenever, with nothing lost by being slow. At the undocumented end, nothing published tells a holder what happens if they hold past maturity and take no action, which for a dated instrument is the most consequential silence there is. A fixed-rate position is not like a savings balance you can ignore — it has an ending, and whether that ending is written down is a property of the product, not a detail of the interface.
Is the rate actually fixed, or just quoted?
Both exist in this pool, and the difference is not visible on a landing page. A rate fixed by contract at deposit is a different instrument from one quoted and settled later, and separately from either, the protocol fee sitting on top may not be fixed at all. On one venue no numeric protocol fee rate appears anywhere across a nineteen-page documentation corpus or its public API, and the fee is an admin-settable on-chain parameter whose only ceiling is 10,000 basis points — one hundred percent. An unpublished rate and a revocable one are separate problems; that is both at once, and it is scored as such rather than as a missing FAQ entry.
How much does it cost to get out before maturity?
More than it used to, because the category has consolidated hard. The deepest venue here saw its TVL fall from roughly $8.41bn in August 2025 to about $1.18bn a year later — an 86% decline — and it is still by a wide margin the only place with enough depth to exit a meaningful position into. Exactly one protocol in this pool grew over the same period, up 89.6% year on year, and even that sits 21.9% below its own January 2026 peak. So read the mechanism and the market separately: one venue publishes a redemption invariant that verifies on-chain to the decimal and has almost nobody to trade against, which is a clean fixed rate you can enter and cannot leave.
Why is the headline APY not scored on this page?
Because a fixed rate is a promise with a date, and the size of the number tells you nothing about whether the promise holds. The sibling page ranking stablecoin yield states the same discipline in its own methodology — the headline APY is shown as a dated fact and never scored — and the reasoning is stronger here: an advertised fixed rate you cannot exit, whose fee is changeable, and whose maturity behaviour is undocumented, is worse than a smaller rate with all three written down. This page scores the mechanism, the exit and the obligor, and shows every published rate as a dated fact beside them.
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Best picks
Best fixed-rate yield in 2026
A fixed rate is a promise with a date attached, so the first question is not how large the rate is — it is what happens when it ends. That carries the most weight here because the published answers diverge completely: some venues state, with a worked formula, that a matured position simply stops accruing and can be claimed with no deadline; on others nothing published tells a holder what happens if they hold past maturity and do nothing at all. Then ask whether the rate is genuinely fixed or merely quoted, because on at least one venue the protocol fee is an on-chain parameter an admin can change, with no numeric rate published anywhere in its documentation and an on-chain ceiling of one hundred percent. Then price the exit, since the whole point of a term is that leaving early costs something — and this category has consolidated so hard that depth is scarce: the leader's TVL fell roughly 86% in twelve months and is still, by a wide margin, the only venue deep enough to sell into. Read the mechanism and the order book separately, because a clean redemption invariant with nobody on the other side is a rate you can enter and cannot leave.
Best overall
Exactly Protocol
A variable-rate lending market that also sells fixed terms: each 4-week maturity is its own pool, the depositor's interest is stamped into contract storage at deposit, and exit before maturity is priced by a published discount formula the protocol will quote you on-chain before you sign — but on 2026-09-28 its Optimism USDC fixed-deposit book was 140,787 USDC, only 58,622.83 of it not yet matured, in an $11.38m protocol, and on Base, where the growth is, it is exactly zero.
Data checked Sep 2026
A variable-rate lending market that also sells fixed terms: each 4-week maturity is its own pool, the depositor's interest is stamped into contract storage at deposit, and exit before maturity is priced by a published discount formula the protocol will quote you on-chain before you sign — but on 2026-09-28 its Optimism USDC fixed-deposit book was 140,787 USDC, only 58,622.83 of it not yet matured, in an $11.38m protocol, and on Base, where the growth is, it is exactly zero. Strongest on what happens at maturity (9/10): Exactly's Deposits guide says matured deposits can be withdrawn with "no limit to the time" but earn no further interest, and nothing rolls automatically; on Optimism 80,150 USDC sits idle in the pool that matured 2026-09-24. Weakest on is the rate actually fixed, and who can change it (4/10): Exactly sets each fixed deposit's rate from its pool, and its markets are upgradeable through a 24-hour TimelockController run by a 3-of-6 Safe, disclosed on the access-control page rather than the deposit guide. Base holds no fixed deposits at any maturity. Published price: Parameters page (https://docs.exact.ly/guides/parameters), re-fetched 2026-09-28 (HTTP 200, "Last updated 24 days ago"). The fee that lands on a fixed DEPOSITOR is section "G.
Best for: What happens at maturity — 9/10
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Written and reviewed by Mathias Siemonsmeier, Founder
Not financial advice · For informational purposes only · Always do your own research