Sense Finance
Yield-bearing assets were split into principal and future income
A decentralized protocol for fixed-rate investing and yield trading.
- Capital raised (announced)
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Seed | 3 August 2021 |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Kenton Prescott | — | Building Rumpel Labs | Oct 2026 |
Timeline
1 December 2023
The team encouraged users to withdraw before the interface was deprecated in the fourth quarter. Open-sourced software was offered for community use.
How it ended
Pivoted away
The Sense team said demand for fixed rates was too inconsistent to sustain the market. It ceased contributions to the protocol, released its interface for community use and said it had begun work on a new protocol.
Still alive
Open spot
Sense Finance is gone. Is your lending protocol still running?
Spotlight your project here.
Sources
5 sources behind this page.
- 1Sense Finance Raises $5.2M to Bring Yield Trading to DeFi · CoinDesk · Aug 2021
- 2Kenton Prescott: professional biography · Kenton Prescott
- 3Sense protocol FAQs and withdrawal notice · Sense Finance
- 4Sunsetting Sense and Releasing it into the Ether · Sense Finance · Oct 2023
- 5Sense Finance company profile · Sense Finance on LinkedIn
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.