The pool
Pool funds, stock exposure, and loan activity. Read directly from the chain.
Funds
Deposit USDC- Pool funds
- 1,000 USDC
- Borrowed
- 0 USDC
- Available liquidity
- 1,000 USDC
- Utilization
- 0.0%
Exposure by stock
5 listedHow much is on loan against each stock token, and whether its price currently allows new loans.
Scroll sideways for debt, price time, and status
| Stock | Price | Borrowed / limit | Price updated | Status |
|---|---|---|---|---|
| — | 0 / 1,000,000 USDC | 2026-10-08 23:49 UTC | Price unavailablePrice is stale (market closed or the feed is not updating). New loans and liquidations wait for a fresh price. | |
| — | 0 / 1,000,000 USDC | 2026-10-08 23:49 UTC | Price unavailablePrice is stale (market closed or the feed is not updating). New loans and liquidations wait for a fresh price. | |
| — | 0 / 1,000,000 USDC | 2026-10-08 23:49 UTC | Price unavailablePrice is stale (market closed or the feed is not updating). New loans and liquidations wait for a fresh price. | |
| 109.89 USDC | 0 / 1,000,000 USDC | 2026-10-10 13:23 UTC | Open | |
| — | 0 / 1,000,000 USDC | 2026-07-02 13:48 UTC | Price unavailablePrice is stale (market closed or the feed is not updating). New loans and liquidations wait for a fresh price. |
Prices come from Chainlink via Kamino Scope or from Pyth (a test price on test deployments) and can pause or go stale. New loans and liquidations wait for a valid price; repaying and adding collateral do not. See loan limits or loans at risk.
Who covers a shortfall
When a liquidation does not fully repay a loan, the loss is absorbed in this order.
The locked stock token is sold first. After a sharp price move, it may not be enough.
0 USDC on hand. Built from 15% of every loan fee; no one can withdraw it.
Anything still missing comes out of the pool, which lowers what every lender can withdraw.
History
What has actually happened so far. No projected yield.
- Loans created
- 1
- Open / repaid / liquidated
- 0 / 1 / 0
- Principal repaid
- 3 USDC
- Fees paid on repaid loans
- 0.001 USDC
- Protocol income
- 0.0002 USDC
- Of that, added to the safety fund
- 0.0001 USDC
- Lender losses to date
- 0 USDC
- Lenders / borrowers
- 1 / 1
Rules in forceTerms, fees, liquidation, and funding locks
- Terms
- 1 day · 3 days · 7 days · 14 days · 30 days; from 3 USDC
- Fee
- 1% per 30 days, pro rata to the term, paid in full even when repaid early
- Fee split
- lenders 80%, safety fund 15%, treasury 5%
- Per borrower
- at most 20% of pool funds owed at once (now 200 USDC)
- Liquidation
- when collateral falls below the threshold, or 1 day after the due date; the liquidator buys at a 2% discount and takes the whole collateral; lenders and the safety fund are paid first, the rest goes to the treasury
- Funding locks
- 1 week, 1 month, 3 months, 6 months or 1 year; leaving before the unlock date costs 3% (1% to the lenders who stay, 2% to the treasury)
- Treasury income
- 5% of loan fees, the 2% early-exit share and any liquidation proceeds above what lenders and the safety fund are owed
Program8PrgHe…CpJfPool accountCyHjYS…BuYbUpgradeable · not audited
On-chain data · Slot 509,554,653 Balances and prices are read from the program accounts.