Treehouse Finance provides key infrastructure for the Web3 fixed income market through its decentralized interest rate benchmark mechanism (DOR, Decentralized Offered Rates), filling the gap in DeFi fixed income. By 2025, Treehouse's TVL reached $2 billion, serving over 50 projects and processing more than 1 billion transactions. DOR is inspired by traditional financial LIBOR, submitting on-chain interest rate expectations through community nodes and generating decentralized benchmark interest rates combined with staking incentives.
Web information shows that DOR supports Ethereum, Arbitrum, Mantle, and other chains, generating interest rates in 5 seconds, with gas fees as low as $0.001, far below the $10-50 fees of the Ethereum mainnet. In testing, developers generated fixed-rate loan products for Aave based on DOR's interest rate data, taking 10 seconds, with a 50% increase in efficiency.
The modular design of DOR supports various fixed income products. Developers build interest rate swaps or fixed-rate loans using Treehouse's Rust SDK, with tests showing that adding DOR support to Uniswap V4 took 2 hours, reducing the development cycle by 30%.
The platform verifies the interest rate data submitted by nodes through smart contracts, staking TREE tokens to ensure accuracy, with a 10% loss in staked tokens for nodes that submit incorrect data during testing. DOR supports cross-chain operations, with a test showing that synchronizing interest rate data from Arbitrum to Base took 3 seconds.
In 2024, Treehouse partnered with Aave to optimize DOR's on-chain liquidation, increasing trading volume to $1.5 billion. The community monitors interest rates through the Dune dashboard, improving transparency by 20%, but complex interest rate calculations pose challenges for newcomers, suggesting the optimization of visualization tools. Market volatility may affect interest rate stability, recommending the addition of a dynamic adjustment mechanism.
DOR provides a reliable benchmark for the DeFi fixed income market through decentralized mechanisms and multi-chain support, reshaping on-chain interest rate standards and becoming a benchmark for Web3 interest rates.