Demo — not yours · wallet-scoped numbers are a demo wallet, not yours

Earn

Your stake, your seat, your fees.

    boost: give up 0% of fees → 1.00× points

Suppliers here do not pick markets — liquidity is global. What you choose is your seat. Everything below the box is what that choice means: what backs you, where losses hit before they reach you, what your seat has paid, and what you could list next.

  • 01 /

  • What is backing you

    sUSDS 46%

    syrupUSDC 31%

    scrvUSD 14%

    WBTC 9%

measured

composition measured 2026-08-11 · block 21,889,120

  • 02 /

  • Can you leave right now

    INSTANT — exits now · $2.95M

    COOLDOWN — lands ~Aug 22 (reconstructed ETA) · $640k

    STRANDED — needs an operator crank · $1.57M

Check a size:

idle + buffer

vault layer

$730k deployed · always instant · bufferBalance() + idle

Aave V3

no cooldown

$1.24M deployed · cooldown is zero by construction · recalls synchronously inside every withdraw

Morpho Vault V2

4626 · no cooldown

$980k deployed · buffer self-heals one layer down (_refillBuffer on every withdraw)

sUSDe

ethena cooldown

$2.21M deployed · $1.57M stranded: Ethena's global cooldown makes _venueLiquid() read 0, and nothing in the withdraw path starts a cooldown — recall needs the operator. $0.64M in cooldown from the crank on Aug 15, unlocks in 4d 11h

mock

  • 03 /

  • Loss order

Loss order for

Disco$1.6M
Junior$1.9M

you are here

Senior$6.2M
Haircutnever yet

first loss

last loss

mock

  • 04 /

  • Fees paid to you

realized only

+$28.40

borrow fees from sUSDS positions, senior share

2d ago

+$9.15

borrow fees from syrupUSDC positions, senior share

2d ago

+$6.10

liquidation fee, sUSDS retrieval in the Aug 12 wick

12d ago

+$26.85

borrow fees from sUSDS positions, senior share

9d ago

+$8.90

borrow fees from scrvUSD positions, senior share

9d ago

  • 05 /

  • List a new collateral

Listing is permissionless: stake a junior tranche on an asset and it onboards at 40% LTV, with borrow capacity capped to your stake. Your capital is the underwriting — there is no vote and no committee, which is why the lock is long and stated up front.

sDAI

1-in-1000 8h movei
−0.35%
market sizei
$171M
projected revenuei
4–9% / yr

USDY

1-in-1000 8h movei
−2.82%
market sizei
$1.11B
projected revenuei
3–8% / yr

cbBTC

1-in-1000 8h movei
−5.10%
market sizei
$3.13B
projected revenuei
6–14% / yr
mock