This page provides a comprehensive overview of the assets accepted within each market on the FixedLend protocol.
This page provides a comprehensive overview of the assets accepted within each market on the FixedLend protocol and the policies governing their use.
Market Structure
Each market is structured with two distinct asset categories:
Lendable Assets: These are the base assets that lenders supply and borrowers borrow (e.g., ETH, USDC).
Collateral Assets: These are the yield-bearing or derivative assets that borrowers lock as collateral to secure a loan (e.g., WSTETH).
Collateral Requirements & Mechanics
Redeemability: Collateral assets are selected based on their ability to be redeemed for the underlying lendable asset. This ensures that a redemption or "unwrapping" mechanism exists to recover the base asset's value, providing a path to liquidity even without relying on automated market makers (AMMs).
Loan-to-Value (LTV): Each collateral asset has a specific Loan-to-Value (LTV) ratio. The LTV determines the maximum amount a user can borrow against their collateral.
Example: To borrow 1 ETH against a collateral asset with a 50% LTV, a borrower must provide collateral worth at least 2 ETH.
Lender Security: This LTV buffer provides a layer of security for lenders. In a liquidation scenario where the collateral has not de-pegged, the lender receives collateral worth more than the original loan, resulting in a profit.
Here is below the list of every assets on each market.
ETH market
Assets to lend
Accepted collaterals
ETH
0x049d36570d4e46f48e99674bd3fcc84644ddd6b96f7c741b1562b82f9e004dc7