Woofun AI reports that Tenor Finance, a non-custodial fixed-interest rate lending protocol built on the Morpho Midnight stack, has officially launched on Base. The platform facilitates access to on-chain lending markets for asset management firms and large borrowers, supporting fixed-term structures where users request OTC quotes from curators using any asset as collateral. Participants can customize quote parameters including whitelists, expense ratios, maturity periods, and grace periods.