BORROWAGAINST

Lock tokenized stocks like AAPLx, NVDAx or TSLAx and borrow SOL or USDC from another person on Solana. Keep your shares and repay anytime before the term ends.

HOW IT WORKS

  1. 01

    Connect and Deposit

    Pick any Solana wallet, sign a free message, then deposit xStocks, SOL or USDC.

  2. 02

    Borrow or Lend

    Take a lender's listing against your stock, or post your own rate, term and LTV.

  3. 03

    Repay and Withdraw

    Repay principal plus interest to unlock your stock, then withdraw to your wallet.

FEATURES

Borrowers

  • Borrow SOL or USDC against the xStocks you hold
  • Collateral is suggested from the lender's max LTV
  • Interest runs by the second, repay early and pay less
  • Your stock is released the moment you repay

Lenders

  • Lend SOL or USDC at your own APR and term
  • Pick every stock you accept and its own LTV
  • Set a smallest loan size if you want one
  • Cancel anytime to pull back what is not borrowed

Collateral

  • Tokenized stocks and ETFs issued by Backed on Solana
  • Only stocks with a pool deep enough to price are listed
  • New loans pause on a stock while no pool prices it

Prices

  • Every price comes from DexScreener, refreshed every 15 seconds
  • SOL is priced from its deepest stablecoin pool above $1M
  • xStocks need at least $10k of pool liquidity to count

Safety

  • Deposits are credited only once Solana finalizes them
  • Every payout is signed once and can never be paid twice
  • Withdrawals only go to the wallet you signed in with
  • Liquidation only at the lender's level or after the term

COLLATERAL

AAPLxAMBRxAMZNxAVGOxBRK.BxCOINxCRCLxDFDVxGLDxGMExGOOGLxHOODxINTCxKOxMCDxMETAxMSFTxMSTRxNFLXxNVDAxORCLxPEPxPLTRxQQQxSNDKxSPCXxSPYxSTRCxTQQQxTSLAxUNHxVIDAxXOMx

FEES

Borrowers

  • No fee to open or repay a loan
  • Interest at the lender's APR, only for the time you borrow
  • A Solana network fee on deposits, a fraction of a cent

Lenders

  • No protocol fee on the interest you earn
  • Free to post or cancel a listing
  • Withdrawal network fees are paid by the treasury

USE CASES

  • Cash Without Selling

    A loan of 2,400 USDC backed by locked AAPLx

  • Yield On Idle USDC

    A lender listing of 10,000 USDC at 12% APR for 30 days

  • SOL On Demand

    Borrowing 15 SOL against NVDAx

  • Your Own Risk

    A loan to value meter with a 60% max and 75% liquidation level

FAQ

Who holds my stock while I borrow?

Deposits sit in the Peer Exchange treasury wallet on Solana and are tracked in a ledger. Your stock is locked to your loan and goes back to your available balance the moment you repay.

What happens if my stock price falls?

Each lender sets a liquidation LTV for every stock they accept. If your loan reaches it, or the term ends unpaid, the locked stock goes to the lender and the loan closes. You keep the SOL or USDC you borrowed.

How is interest charged?

Simple interest at the listing's APR, counted by the second from the moment the loan opens until you repay. Repay early and you pay less.

Which wallets work?

Any Solana wallet that supports Wallet Standard, such as Phantom, Solflare or Backpack. You sign a free message to sign in, nothing is sent onchain.

Can I cancel a listing?

Yes. Cancel anytime and the part nobody has borrowed goes back to your available balance. Loans that are already open run until they are repaid or liquidated.

BORROW WITHOUTSELLING

LAUNCH APP