Portfolio Overview
Your DeFi lending dashboard
Stellar Markets
Supply & Earn
Deposit your assets to earn interest. Your tokens are lent to borrowers, and you receive a portion of the interest they pay.
When you supply assets to a lending protocol, you're essentially becoming a lender. The protocol pools your assets with others and lends them to borrowers who need liquidity. In return, you earn interest (APY) on your supplied assets. The interest rate varies based on supply and demand - when more people want to borrow an asset, the interest rate increases.
Borrow Against Collateral
Use your supplied assets as collateral to borrow other assets. You can access liquidity without selling your holdings.
Borrowing against collateral allows you to access liquidity while keeping your original assets. You supply assets as collateral (like USDC or XLM) and can borrow up to a certain percentage of their value (Loan-to-Value ratio). You pay interest on borrowed amounts, but you keep ownership of your collateral assets. This is useful for accessing cash without triggering taxable events.
Understanding APY
APY (Annual Percentage Yield) is the interest rate you earn or pay, compounded over a year. Higher APY means more earnings for suppliers or higher costs for borrowers.
APY includes the effect of compounding interest. If you supply $1000 at 5% APY, you'll earn approximately $50 in the first year. The rate can change based on market conditions - when more people want to borrow an asset, the supply APY increases to attract more suppliers. Conversely, when borrowing demand is high, the borrow APY increases to manage risk.
What is TVL?
Total Value Locked (TVL) shows the total dollar value of assets deposited in this market. Higher TVL generally indicates more liquidity and stability.
TVL represents the total value of all assets currently supplied to a particular market. It's a key metric for assessing the health and size of a DeFi protocol. Higher TVL typically means: more liquidity for borrowers, more stable interest rates, and greater confidence in the protocol. It's calculated by multiplying the amount of each asset by its current market price.