Skip to main content

Provide Lending Liquidity

Deposit capital into a t1 lending pool and it is lent to borrowers on undercollateralized terms. Repayment is enforced by the borrower's margin account, not promised by the borrower.

What you are relying on

  • Liquidations attested in real time. Each decision is attested by the enclave that made it, so you can verify a close rather than infer it from a term sheet or take it on report.
  • Risk parameters customizable per pool. Venues, assets, maximum position size, liquidation threshold, and interest are yours to set.
  • No counterparty legal exposure. The margin account is the counterparty, so there is no agreement to draft and no debtor to pursue.
  • Permissionless borrowers, no KYC to administer. Borrowers are anonymous by design, so you run no identity program.

What you are still exposed to is market risk: a position can gap through its liquidation threshold, or the book behind it can be too thin to unwind at the modeled price. Residual risk covers this, and the maximum size and liquidation threshold you set are the levers over it.

Two ways in

Deposit into an existing pool. Fastest path. You accept the pool's policy as written and start earning on its terms.

Set up your own pool. You define the policy — which venues the capital may reach, how much exposure a single account may carry, and where liquidation triggers. Every margin account that borrows from your pool is bound to that policy at the moment its key is created, and the binding cannot be changed afterwards. You also set what borrowing costs, which is a pool parameter rather than part of that binding and can be retuned.

Get in touch

Pool creation and institutional deposits are handled with us directly. Join the Discord or email [email protected].