# Textile

> Track Textile with daily standardized on-chain data across 3 chains. Compare Textile with other lending projects. See charts and datasets in one place.

Source: [Textile on Token Terminal](https://tokenterminal.com/explorer/projects/textilecredit). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Lending
- Chains: base, celo, ethereum

## About

### What it is

Textile is a decentralized private credit protocol that transforms traditional private credit markets into an open, programmable capital graph. It supports revolving credit lines with continuous compounding, tokenized debt positions tradeable on secondary markets, and underwriter-based risk assessment across Celo, Ethereum, and Base.

### Who uses it

Credit companies, borrowers, and capital providers worldwide participate in Textile's decentralized lending markets.

### How it works

Capital providers deposit stablecoins into debt pools and receive ERC-20 debt tokens representing their proportional claim. Interest from borrowers auto-compounds, increasing token value.

## Metrics

Token Terminal tracks these metrics for Textile daily. Each page has a chart with the full history.

- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/textilecredit/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/textilecredit/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/textilecredit/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/textilecredit/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/textilecredit/metrics/gas-used)

## Links

- [website](https://textilecredit.com/)
- [twitter](https://twitter.com/Textileprotocol)