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Managing positions

Position management happens in Portfolio. Direct lending and Earn deposits appear under Deposits; Borrow and Multiply positions appear under Positions with their own detail pages. Leveraged positions require closer monitoring because rates, prices, liquidity, and swap execution have a larger effect on equity.

How to manage a Borrow or Multiply position

  1. Open Portfolio > Positions and select the position.
  2. Choose the action you want to take.
  3. Review the resulting balances, debt, LTV, health score, and token approvals. For swaps, also check expected amounts, route, price impact, and slippage tolerance.
  4. Confirm the transaction in your wallet.

Managing deposits

For direct lending deposits, the available actions can include:

  • Supply: Add more assets to the vault.
  • Withdraw: Remove assets when liquidity is available.
  • Asset swap: Exchange one deposited asset for another through the app's swap route where supported.

Deposits as a collateral source

Direct lending deposits are not automatically collateral for an existing position. A supported Borrow or Multiply flow can use a deposit as its collateral source; see Supply review.

Managing Borrow/Multiply positions

Figure 1: The Position page

Figure 1: The Position page of a USDC/USDT position

For your Borrow or Multiply positions, you have access to these actions in the UI:

Leverage and debt management

  • Multiply: Increase exposure by borrowing, swapping, and adding collateral through the Multiply flow.
  • Repay: Reduce debt by paying back borrowed assets from wallet assets, deposits, or collateral where supported.
  • Borrow: Borrow additional assets against existing collateral when LTV and liquidity allow it.

Collateral management

  • Supply: Add more collateral to your position.
  • Withdraw: Remove collateral if the remaining position stays within LTV limits and liquidity is available.
  • Collateral Swap: Exchange current collateral for a different asset through the app's swap route.
  • Transfer: Transfer collateral shares to another account if the position remains valid.
  • Disable Collateral: Stop using a specific asset as collateral if the position remains valid.

For liquidation mechanics, read Portfolio and liquidation. For rate calculations, read Interest rates and Strategy profitability.