APR & Utilization

Interest Rate Curve

APR figures are determined by utilization, at a higher utilization APR starts to increase to discourage borrowers and incentives lenders.

Take note that at 100% utilization, you cannot withdraw your tokens, but also enjoy very high APR figures.

The following assets use the curve below: USDC, USDT, SOL, SRM, MER, MEDIA, TULIP, SLRS, ALEPH, ROPE, COPE, SNY, Sollet ETH, ATLAS, POLIS

Utilization
Interest Rate (APR)
Approx Interest Rate (APY)

0%-50%

0%-15%

0%-16.18%

50%-90%

15%-25%

16.18%-28.39%

90%-100%

25%-100%

28.39%-171.46%

The following assets use the curve below: ORCA, whETH, mSOL, BTC, GENE, DFL, SAMO, REAL

Utilization
Interest Rate (APR)
Approx Interest Rate (APY)

0%-50%

0%-15%

0%-16.18%

50%-90%

15%-25%

16.18%-28.39%

90%-100%

25%-150%

28.39%-348.16%

We have implemented a more competitive curve for RAY lending found below, this is to ensure rates remain competitive enough due to RAY single staking APR.

Utilization
Interest Rate (APR)
Approx Interest Rate (APY)

0%-50%

0%-15%

0%-16.18%

50%-90%

15%-35%

16.18%-41.88%

90%-100%

35%-100%

41.88%-171.46%

Historical Lending Rates

You can find our dashboard here: https://grafana.tulip.garden/d/NfmOZZjnk/historical-interest-rates?orgId=1

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