Buy & Sell

Buy

Users can obtain tTokens by lending on Fixed-Rate Borrowing/Lending or buying them on tToken Markets. Note that the minimum order size in tToken Markets is lower than that on Fixed-Rate Borrowing/Lending (prev Primary Markets).

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For Example, if Alice spends 950of USDT to purchase 1,000 of tUSDT-20231231, Alice will receive 50of USDT as her fixed-income token return at the end of the maturity date on 20231231.

The minimum order size accepted in tToken Markets is ~ USD 10

Sell

Users can sell tTokens through Term Structure tToken Markets. The market liquidity provided in tToken Markets will allow tToken holders to sell their tTokens before the tokens' maturity dates in exchange for the underlying tokens. Through both Fixed-Rate Borrowing/Lending and tToken Markets, users can be flexible in managing their hedging and risk-taking strategies.

For example, Bob has lent USDT from Fixed-Rate Borrowing/Lending's auctions at 5% earlier and now holds tUSDT-20231231. When the market price moves away after a certain period of time, Bob can choose to sell his tTokens for profit taking if the tToken is traded below 5% or choose to sell his tTokens to stop loss if the tToken is traded above 5%.