Borrowing

Borrowing on Fund works in pairs. Each pair has one collateral asset and one debt asset, for example SOL / USDC: you deposit SOL and borrow USDC. Every pair is its own loan with its own health, so trouble in one never spreads to another.

Open a loan

1. Go to Borrow and choose a pair. Filter by collateral or debt asset, or by group.
2. Press Deposit & Borrow to add collateral and borrow in one step, or deposit first and borrow later.
3. Watch the preview. It shows your new collateral, debt, loan to value and loan health before you sign.
4. Approve in your wallet. The loan then shows on the pair page and on your Positions page.

Loan health

The health bar shows your loan to value (LTV) against the pair's limits. Green means safe. Yellow means your loan is above the max LTV and you should act soon. Red means it has reached the liquidation threshold.

Liquidation price

The pair page shows the collateral price at which your loan would reach the liquidation threshold. The further that price is from today's price, the safer your loan.

Repay and withdraw

• Repay pays back part or all of your debt, in the token you borrowed.
• Withdraw takes collateral back, as long as the loan stays healthy.
• Repay & Withdraw does both in one step.
• Close Loan repays everything and returns all your collateral.

Pairs on Fund

Borrowing opens when the lending program is live. Limits for every pair are published here before then.