# Echelon Market > The Universal Lending Market for Move Echelon Market is a decentralized lending protocol built for Move-based blockchains. It lets users supply assets for yield and borrow against collateral through non-custodial, isolated liquidity markets. Echelon Market is a decentralized lending protocol built with the Move programming language, enabling users to supply digital assets for yield and access overcollateralized loans through non-custodial markets. It targets users across the Move ecosystem who want permissionless access to borrowing and lending without relying on a centralized intermediary. The protocol emphasizes capital efficiency and modular market design rather than a single monolithic liquidity pool. The protocol addresses fragmented liquidity across Move-based chains by offering isolated lending pairs, each with independently tuned risk parameters, alongside an efficiency mode that lets qualifying collateral and debt pairs borrow at higher capital efficiency. Markets are deployed across multiple Move-based networks, letting integrators plug in new isolated markets without exposing the wider protocol to added risk. The design supports a range of collateral types, including stablecoins, Bitcoin-backed assets, and liquid staking tokens. Beyond its core lending and borrowing markets, Echelon Market offers a fixed yield product that allows tokenization and trading of yield-bearing positions, and it supports developer integrations such as liquidator tooling. It is used by depositors seeking yield, borrowers seeking leverage, and developers building on top of its modular market infrastructure across the Move ecosystem. - Type: Protocol - Sector: DeFi - Status: Active - Founded: 2024-03-01 - Profile: https://thegrid.id/profiles/echelon_market ## Products - [Echelon V1](https://thegrid.id/profiles/echelon_market): Echelon V1 is a decentralized, non-custodial lending and borrowing protocol built for Move-based blockchains. It allows users to supply digital assets to isolated, modular market pairs to earn yield, and to borrow against posted collateral through vault-based accounting with dynamic, utilization-based interest rates. An efficiency mode groups correlated assets to allow higher borrowing power between them, and price data is sourced from oracle integrations. The protocol also offers a fixed-yield feature that lets users tokenize yield-bearing assets into principal and yield components, enabling fixed-rate exposure or leveraged yield trading that can be posted back as collateral within the lending markets. (Decentralised Borrowing & Lending, Live, Main Product) ## Assets - [Echelon Token (ELON)](https://thegrid.id/profiles/echelon_market): ELON is the governance token of Echelon Market, a lending protocol built with the Move programming language. It is used for voting on protocol upgrades, parameter changes, and treasury allocations across the Echelon ecosystem. The token underwent a third-party audit covering its smart contract scope ahead of broader distribution. (Governance) ## Links - [Main](https://echelon.market) - [Terms of Service](https://docs.echelon.market/echelon-v1/terms-of-service) - [Media Kit/branding](https://drive.google.com/drive/folders/1W1GZuRZvWWVv6sQuvHXmS96wtzaMmu_9) - [Documentation](https://docs.echelon.market) - [Twitter / X](https://x.com/EchelonMarket) - [Discord](https://discord.gg/echelonmarket) - [GitHub](https://github.com/EchelonMarket) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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