MagmaOvercollateralized Lending Market

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Supply an asset to earn interest, or borrow against your collateral at up to 90% LTV. Cross-margin across every market — all your supplied assets count toward a single health factor. Positions below 1.0 can be liquidated for a 10% bonus to the liquidator.

Lending pool not yet deployed on this network.

The contract is fully written and has 35/35 tests passing. Deployment to Arbitrum Sepolia is awaiting operator go-ahead. Once live, this page will show markets, rates, and supply/borrow flows. See LENDING_DESIGN.md for spec.

How it works. Suppliers earn interest from borrowers. Borrowers post collateral (cross-margined across every enabled asset) and pay a utilization-driven rate.

Safety. If a borrower's health factor dips below 1.0, any keeper can liquidate part of the debt and seize collateral with a small bonus. Dust-sized positions (under $10 debt) allow full-close liquidation to avoid stranded bad debt.

Flash loans remain separate at /pools (Mantle pools).