Interest Rate Swaps.
Onchain.
Lock in fixed yields, hedge interest rate risk, and speculate on rate movements — for any rate and duration
The $500 Trillion Market
That DeFi Forgot
Interest rate swaps are the largest derivatives market in the world. Major banks, hedge funds, and asset managers trade them daily to manage interest rate exposure and speculate on rate movements.
However, traditional interest rate swaps are capital intensive, operationally complex, and don't support onchain rates or assets.
Kairos changes this. Permissionless access. Capital-efficient. Instant settlement. Rebuilt from first principles for an onchain world.
The Layer Enabling
Onchain Fixed Income
Think Hyperliquid — but for interest rates and yields. Kairos lets you take leveraged positions on rate movements with a simple, intuitive UX.
Swaps are an exchange of fixed- and floating-rate payments, meaning borrowers and lenders can lock in fixed rates even if the underlying rate is variable. This turns any onchain yield into a source of fixed income.
Oracle-agnostic architecture means any rate feed can become a tradeable market — lending rates, staking yields, RWA benchmarks, and more.
Why Kairos
Up to 5,000x Capital Efficiency
Your notional swap exposure far exceeds collateral requirements, which means a small deposit can result in significant exposure.
Any Rate. Any Oracle.
Plug in any rate feed — Aave, Morpho, Lido, RWA benchmarks — and spin up a tradeable market. Oracle-agnostic architecture by design.
Perps-Style UX for Rates
Open leveraged long or short positions on rates with a familiar trading interface. Set rate caps, trade across multiple durations, and more.
Composable Onchain Positions
Every swap can become an ERC-721 position. Integrate with lending, vaults, and structured products. Build on top of the rates primitive.
Built for Every Strategy
Speculate on Rate Movements
Go long or short on any rate with leverage. If you think lending rates are going up — take a position and profit from the move.
Hedge Fixed-Rate Lending
Offer fixed-rate loans on protocols like Morpho V2 and use Kairos to capture the upside if rates later rise.
Lock In Predictable Yield
Convert variable lending income to a fixed rate. Know exactly what you'll earn regardless of market conditions.