Market details
The market details page displays the parameters, the analytics and your position for one market. Open it by clicking an asset name on the Markets page.
Header
The asset name, the current Supply APY and the current Borrow APY.
Utilization and rate model
The first panel plots the market's interest rate model: the Supply APY and the Borrow APY as a function of the utilization rate, with the market's current position on the curve.
| Table | Fields |
|---|---|
| Current | Utilization, Borrow APY, Supply APY, Reserve Factor |
| Rate Model | Base Rate, Slope Below Kink, Kink, Slope Above Kink |
Above the kink, rates increase steeply to bring utilization back below it.
History
The second panel charts the market over time: Supply APY, Borrow APY and Utilization on one view; Total Supply, Total Borrow and Available Liquidity on another. One snapshot is recorded per hour. A new market displays Not enough indexed snapshots yet until enough snapshots exist.
Market Analytics
Overview
| Field | Description |
|---|---|
| Total Supply | Total supplied, in USD |
| Total Borrow | Total borrowed, in USD |
| Available Liquidity | Liquidity available to borrow or withdraw, in USD |
| Protocol Reserves | Interest retained by the protocol, in USD |
| Utilization | Share of the market's funds that is borrowed: total borrowed divided by available liquidity plus total borrowed, minus reserves |
| Oracle Price | The USD price used by the protocol for the asset |
| 1 sToken | Exchange rate: the amount of the underlying asset one sToken represents. Increases as interest accrues |
| Supply APY / Borrow APY | Current rates |
| Rewards | Whether additional rewards are distributed on the market |
Risk
| Field | Description |
|---|---|
| Collateral Factor | Fraction of the asset's value that can be borrowed against. 0 % means the asset cannot be used as collateral |
| Reserve Factor | Fraction of the interest paid by borrowers retained by the protocol |
| Borrow Cap | Maximum total borrow of the market. No cap if none is set |
| Supply / Borrow / cToken Transfer | Active or Paused |
Liquidation
| Field | Description |
|---|---|
| Close Factor | Maximum fraction of a debt repaid in one liquidation |
| Liquidation Incentive | Collateral received by the liquidator per unit of debt repaid |
| Liquidation Penalty | The incentive above 100 %: the value lost by the liquidated position |
| Protocol Seize Share | Fraction of the seized collateral kept by the protocol |
See Health factor and liquidations.
Contracts
The addresses of the sToken, the underlying asset (Native XRP for the XRP market), the Comptroller, the price oracle and the interest rate model, each with a link to the XRPL EVM explorer.
Your Position
The panel is displayed once a wallet is connected.
Supplied shows your supplied balance in USD, the supply APY and the collateral status. Supply opens the supply modal; Withdraw is displayed once you have a supplied balance.
TIP
The Collateral / Exit button of this panel is not active yet. Enable or disable collateral from the Supply Markets table. See Collateral.
Market Impact details the position:
| Field | Description |
|---|---|
| sToken Balance | Your sTokens in the market |
| Underlying Supplied | Your sTokens converted to the underlying asset, interest included |
| Collateral Contribution | Contribution of this balance to your borrow limit: value × collateral factor. 0 while collateral is disabled |
| Est. Withdraw Capacity | Amount that can be withdrawn without bringing your debt above your borrow limit |
| Est. Borrow Capacity | Amount of this asset that can be borrowed, from your available borrow limit and the market's liquidity |
Both estimates display Price not available yet when the protocol cannot evaluate the account.
Borrowed shows your debt in the market and the borrow APY. Borrow opens the borrow modal; Repay is displayed once you have a debt.