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META vault shares → USDG
Lent to this market Lent to this marketUSDG that lenders have put into this market. Borrowers draw from it and pay interest on what they use.600.1138.04% currently borrowed Currently borrowedThe share of lent USDG that borrowers are using right now. When most of it is borrowed, withdrawals for lenders can be limited.
Borrowed BorrowedUSDG that all borrowers in this market currently owe, including interest. Not just yours.228.28Including interest
Available to borrow Available to borrowUSDG in this market that nobody has borrowed yet. New loans and lender withdrawals are limited to this amount, and both also need a current share price and an open market.371.83Not yet lent out
Borrowers pay Borrowers payThe current interest rate on loans. It changes with how much of the market is borrowed. Interest is added to what you owe; nothing is taken from your shares automatically.5.80%Variable APR Variable APRAnnual rate at today’s conditions. It moves as borrowing in the market rises or falls, so the rate you see now is not a promise for the year.
Lenders earn Lenders earnThe current rate paid to lenders, after the market’s reserve. It is variable and not a forecast.1.98%Variable APR Variable APRAnnual rate at today’s conditions. It moves as borrowing in the market rises or falls, so the rate you see now is not a promise for the year.
Borrow USDG
Connect your wallet to borrow USDG
Lock META vault shares as collateral. Your shares keep earning vault fees while the loan stays backed by shares worth more than what you owe.
Borrow limit Loan-to-valueThe largest loan the market allows against your locked shares, as a share of their value.40%Of locked share value
Borrowers pay Borrowers payThe current interest rate on loans. It changes with how much of the market is borrowed. Interest is added to what you owe; nothing is taken from your shares automatically.5.80%Variable APR · not a forecast
Health factor Health factorHow far your loan is from liquidation. Above 1 is safe; at or below 1 the market can sell your locked shares to repay the loan.–Connect wallet to view
How lending works
Lock shares
Move META vault shares into the market as collateral. They keep earning vault fees.
Borrow USDG
Draw USDG up to 40% of the locked value. Interest accrues on what you owe.
Repay and unlock
Repay any time. Once the loan is cleared, unlock every share back to your wallet.
Every loan must stay backed by locked shares worth more than the loan. If a liquidation is delayed and losses exceed the market’s reserve Market reserveA slice of the interest borrowers pay that the market keeps back to absorb losses before lenders are affected., the value of lent USDG can decrease.
Before you sign
Checked again the moment you confirm.
Price used for loans Price used for loansThe market values vault shares slightly below the current market price on purpose, so a small dip does not immediately put loans at risk.AvailableA little below market, on purpose
Withdrawal priceAvailableUsed when shares are unlocked or sold
New loansOpenMarket is active
Every transaction is simulated against the live market before your wallet opens. If anything changed, you see it here first.
