PONS$0.0₅9670+130.80%
Jimothy$0.0₂6727+54.36%
COPPERINU$0.0₃7694+26.77%
HeavyPulp$0.0₂1160-19.82%
STNK$7.10+18.38%PONS$0.0₅9670+130.80%Jimothy$0.0₂6727+54.36%COPPERINU$0.0₃7694+26.77%HeavyPulp$0.0₂1160-19.82%STNK$7.10+18.38%PONS$0.0₅9670+130.80%Jimothy$0.0₂6727+54.36%COPPERINU$0.0₃7694+26.77%HeavyPulp$0.0₂1160-19.82%STNK$7.10+18.38%PONS$0.0₅9670+130.80%Jimothy$0.0₂6727+54.36%COPPERINU$0.0₃7694+26.77%HeavyPulp$0.0₂1160-19.82%STNK$7.10+18.38%You deposit SOL. Borrowers take it out against collateral worth more than they borrow, and pay interest for as long as they hold the position. That interest is your yield — there is no emission and no incentive token propping it up.
Every loan is over-collateralised. If a borrower's collateral falls far enough, it is sold automatically to repay you — before it is worth less than the debt.
A thin market can gap through the liquidation price before anyone fills. The position closes for less than it owed, and the shortfall lands on the vault that funded it.
Three vaults, split by how deep the collateral behind them is. Losses never cross between them, so supplying to blue chip does not silently underwrite the thin markets.
The deepest books on the platform. Liquidations fill without moving the price against you.
Liquid enough to unwind at size. Position caps are tighter so a forced sale stays inside available depth.
Small books. Pays the most because a fast drawdown here can leave debt the collateral no longer covers.
Supply APR floats with utilisation and with what borrowers are paying, so the figure above moves. Collateral depth, market counts and holder reach come from the screened whitelist. How vaults work · Bad debt
