Coalesce Finance Documentation

Welcome to the official documentation for Coalesce Finance: a fixed-rate, fixed-term lending protocol built on Solana.

Getting Started

  1. Get a Solana wallet. Phantom is recommended.
  2. Add USDC to your wallet. All lending on Coalesce Finance is done in USDC.
  3. Add SOL to your wallet. For transaction fees. 0.01 SOL is enough.
  4. Connect to Coalesce Finance. Visit the app and connect your wallet.
  5. Choose a market. Review terms and deposit.

What Makes Coalesce Different

FeatureCoalesce FinanceVariable-Rate Protocols
Interest RateFixedChanges constantly
TermFixed maturity dateOpen-ended
CollateralNone (credit-based)Required
Borrower AccessWhitelisted onlyPermissionless

Core Concepts

ConceptDescription
LoanA market created by a borrower with fixed terms
Scale FactorTracks interest accrual (shares → USDC conversion)
SettlementProcess of determining lender payouts at maturity
WhitelistApproved borrowers who can access funds

User Guides

Technical Documentation

Where To Find Technical Reference

For protocol internals, start with Architecture, then use Program Error Codes for runtime failures and Protocol Calculations for interest, settlement, and fee math.

Getting Help

  • Documentation — You're here!
  • Security — To report a vulnerability, email security@coalescefi.com. Please do not create public GitHub issues for security concerns. Allow 90 days for remediation before public disclosure.