lock
keep
your coins,
borrow.
draw.

deposit your tokens into the pool and draw eth against the balance. ownership never moves, the loan settles in eth, and no payment falls due on a set date.

deposit your tokens into the pool and draw eth against the balance. ownership never moves, the loan settles in eth, and no payment falls due on a set date.

collateral is valued at the price an exit would actually clear, not at an oracle's quote.

underneath every position sits a single number: what your collateral would realistically fetch if it were unwound this minute. it comes straight from the uniswap pool that trades it.

there is no feed to argue with. what the protocol lends against and what the market would pay are the same figure.

Markets

three tabs, one pool, everything priced off the same book

Stocks
tokenized equities and etfs
nvidia, tesla, apple, the s and p. a calm stock borrows at a tighter haircut.
RWA
gold and rates
gold is the only commodity token deep enough to lend against today.

How a position works.

five rules that decide every position

Deposit the tokens

your balance moves into the pool and sits there intact. nothing is sold, swapped or re-lent to anyone else. every token stays yours, and so does everything that happens to it.

Draw in eth

the pool releases eth, and on the way to your wallet it can be routed into whichever tokenized equity you choose. or just hold the eth and skip that leg.

Close it on your own schedule

interest ticks up every second and nothing falls due on a set date. unwind the equity from the portfolio page, or bring eth from anywhere else. either route settles the position to the cent.

Over-collateralized

you can only ever draw less than the pool says the collateral is worth. should that gap close, the position is liquidated against the same pool price it was opened on.

The other half of it

deposit eth and hold a share of the pool that grows heavier as borrowers pay interest. nothing to claim, stake or roll over: the share simply redeems for more eth than it cost. exit whenever the pool has spare liquidity.

The rules

Protocol
every draw is quoted against the live pool and expires in two minutes
the haircut is decided on chain, never by the client
Markets
open borrow is capped under a row lock, so the pool cannot be drained
liquidation polls every five seconds and closes positions automatically