Understanding APR and Interest Calculations

When you lend on Skew, you earn a fixed return called APR, which stands for Annual Percentage Rate.

Here’s what it means:

  • APR is your yearly earning rate – For example, if you lend $1,000 at 12% APR, you’ll earn $120 over 12 months.
  • Interest is paid weekly – You don’t have to wait a full year. Interest is calculated and made available to claim every week.
  • Everything is shown upfront – Before you lend, you’ll see exactly how much you could earn and when payments will be made.

There are no surprise changes—once you agree to a loan, the rate stays fixed for the full term.

Note: Some external costs may apply depending on how you move funds. Network fees (for crypto), bank fees, or card processor charges may be added by third parties. These are not controlled by Skew.