Exactly protocol takes a new approach to interest rate discovery in DeFi. Rather than relying on the value of multiple maturity tokens, protocol look at the utilization rate of several maturity pools, enabling us to offer both variable and fixed rates within the same protocol. Exactly is a decentralized, non-custodial, and open-source protocol that provides an autonomous interest rate market to lenders and borrowers while setting interest rates based on credit supply and demand, enabling users to frictionlessly exchange the time value of their crypto assets at both variables and fixed interest rates for the first time in DeFi.