Markets
The Markets page lists every market of the protocol and summarizes your position. It is the landing page of the app.
Protocol statistics
| Metric | Description |
|---|---|
| Total Market Size | Total value supplied across all markets, in USD |
| Total Borrowed | Total value borrowed across all markets, in USD |
| Markets | Number of active markets |
Account summary
The account summary is displayed once a wallet is connected.
| Metric | Description |
|---|---|
| Net APY | Interest earned minus interest paid, as an annual rate |
| Supply Balance | Total value of your supplied assets, in USD |
| Borrow Balance | Total value of your debt, in USD |
| Borrow Limit | The maximum debt your collateral allows. The bar shows how much of it is used. See Collateral |
| Health factor | Borrow limit divided by debt. See Health factor and liquidations |
If the protocol cannot price one of the markets you hold, the borrow limit and the health factor are replaced by Price not available yet.
Supply Markets
Each row is an asset that can be supplied. Click the asset name to open its market details.
| Column | Description |
|---|---|
| Asset | Asset name and status badges |
| APY | Current supply APY |
| Total Supply | Total supplied to the market, in the asset and in USD |
| Wallet | Your XRPL wallet balance of the asset. — if your wallet has no trust line to it |
| Supplied | Your supplied balance, with its collateral status |
Hover a row to display its actions:
| Action | Description |
|---|---|
| Supply | Opens the supply modal. See Supply |
| Withdraw | Opens the withdraw modal. Displayed once you have a supplied balance. See Withdraw |
| Collateral / Exit | Enables or disables the asset as collateral. Displayed once you have a supplied balance and the market accepts collateral. See Collateral |
| Bridge | Opens the Squid bridge for the asset. Displayed when the bridge is enabled on the deployment |
Status badges
| Badge | Meaning |
|---|---|
| Price unavailable | The oracle has no price for the asset. Supply and borrow are disabled |
| Not usable as collateral | The collateral factor is 0. The asset earns interest but does not contribute to the borrow limit |
| Supply paused | Supplying is paused by the protocol |
| Borrow paused | Borrowing is paused by the protocol. Not displayed on LP markets, which are collateral-only |
| No liquidity | No liquidity is available to borrow |
| XRPL token not configured | The asset has no XRPL representation yet |
Borrow Markets
Each row is an asset that can be borrowed.
| Column | Description |
|---|---|
| Asset | Asset name and status badges |
| APY | Current borrow APY |
| Available | Liquidity available to borrow, in the asset and in USD |
| Utilization | Share of the market's funds that is borrowed. See Protocol overview |
| Borrowed | Your debt in the market |
Hover a row to display Borrow and, once you have a debt, Repay. See Borrow and Repay.
LP markets
LP markets are collateral-only and are not listed in Borrow Markets. See LP tokens as collateral.
Tabs
On deployments with the extended features enabled, the tables are displayed under a Simple tab, next to Advanced (a strategy simulator) and Bridge (the Squid bridge).