Earn
Deposit USDC. Earn yield from insurance premiums borrowers pay on every loan. Your deposits are protected by collateral + insurance down to the protection level.
soUSD — Passive. Deposit USDC, receive soUSD. Yield accrues automatically from premiums across all markets. No market selection needed. Redeem anytime subject to unlock schedule.
Markets — Active. Supply to specific lending markets with defined collateral type, LTV, and exit window. Choose your risk exposure. Higher utilization = more of your deposit earning premiums. Idle funds earn base yield on Aave.
APY
Yield from insurance premiums paid by borrowers on every loan
Utilization
% of pool capital in active loans. Higher = more premium income
Exit Window
Maximum time before deposited funds are redeemable. Borrowed portions unlock at loan maturity
Coverage
How your deposit is backed — collateral portion vs insurance portion. Always shows a full bar
Your position always shows full coverage. The mix shifts as prices move:
BTC stable
90%
10%
BTC drops
50%
50%
BTC at protection level
0%
100%
As collateral price drops, insurance picks up the difference. Protected down to the protection level.
Partial withdrawal — Any amount up to your available balance. Funds in active loans unlock at maturity.
Exit Full Position — Freezes your capital. No new loans allocated. Active loans keep earning until maturity. Withdraw as funds unlock.
Fees — 8% protocol + 1% market fee on interest. You receive 91%. No deposit or withdrawal fees.
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