TSM / USDG

Live

Stocks · Chainlink feed · liquidation LTV 62.5%

Oracle price

$428.48

Last update

21h ago

Available

$0.00

Borrow APR

1.00%

Max leverage

2.4×

Supply cap

$2,000

What the rate does as the pool fills

at today's curve
0%target 90%100%

Borrower pays

2.69%

You earn

1.35%

Per year

$13.46

Utilization is how much of the pool is borrowed. Below 90% the rate falls gently; above it the curve steepens hard, which is what pulls new deposits in and pushes borrowers to repay. At 0% — where this market stands now — the supply side earns 0.00%. Nothing here is subsidised: the borrower's payment is the whole of the lender's yield.

You can take your place before the money arrives

Posting collateral does not touch the lending pool, so it works whether there is $0.00 available or nothing at all. Move the LTV slider to zero and the button becomes Post collateral: your TSM goes in, no debt is created, and you owe nothing and pay nothing while you wait. The moment a supplier funds this market you borrow in a single transaction, with no approval, no queue and no allowance to set up again. Withdrawing collateral you never borrowed against is equally unconditional — you are not committing to anything by standing in line.

Info & risk

Collateral
TSM
Borrowed asset
USDG
Token
0x58FfE4a942d3885bAa22D7520691F611EF09e7AA
Price source
0x874cF94aa8eC88Fd9560094dD065f2fB3E41Fc2F
Liquidation LTV
62.5%
Highest LTV in this app
57.5% — a margin below liquidation
Oracle behaviour
Stock feeds run 24/5. The price stands still from Friday close to Monday open; that pause is normal, and the LTV is sized for the Monday gap rather than for a staleness check.
Soft liquidation
Not deployed on this market yet. It costs a deploy and takes nothing away from anyone, so it follows the liquidity.

What liquidation means here

If the debt rises above 62.5% of collateral value, anyone may repay part of it and take collateral at a bonus. Cluby runs its own liquidator on a Morpho flash loan so this happens promptly rather than at the worst spread — but it stays open to anyone, which is what makes it reliable.

Debt in USDG$340.00
Health factor1.84
TSM liquidation price$233.09
Room before liquidation45.6%

Every action is simulated before it reaches your wallet: the health factor and liquidation price above are what you sign against, not an estimate produced afterwards.