MagnetFi

Single-token lending via CompX markets, plus LP-collateral vaults that let your liquidity keep earning while you borrow mUSD.

Single-token markets liveLP vaults — mainnet launch incoming
MagnetFi LP vaults are in final pre-launch — explore the vault types and run the numbers below. Single-token lending and borrowing is live now via the Markets tab.
MagnetFi v2 — LP Collateral Vaults

Protocol

mUSD Circulating

Soon

Outstanding stablecoin

Vault Ceiling

Soon

mUSD borrowable

LP Oracle Price

Soon

mUSD per LP

mUSD Peg

$1.00

USDC-backed 1:1

How it works

Deposit LP collateral

Supply your Tinyman LP tokens. They keep earning trading fees while they back your loan.

Borrow mUSD

Draw mUSD up to the vault's LTV. Interest-only — repay principal whenever you like.

Stay healthy

A live LP price oracle tracks your health factor. Repay or add collateral to stay above the line.

Vault types

Liquidation threshold 75% across all pools

UtALGO

U / tALGO

Tinyman LP collateral

Launching first

Double yield-bearing collateral with the deepest liquidity — the first vault at launch.

Max LTV

60%

Liq. at

75%

Rate

8%

UUSDC

U / USDC

Tinyman LP collateral

Coming soon

USDC stabilizes half the position, so it earns the highest LTV and lowest rate.

Max LTV

65%

Liq. at

75%

Rate

5%

UALGO

U / ALGO

Tinyman LP collateral

Coming soon

The blue-chip Algorand pair.

Max LTV

60%

Liq. at

75%

Rate

8%

UwBTC

U / wBTC

Tinyman LP collateral

Coming soon

Bitcoin exposure, working as collateral.

Max LTV

60%

Liq. at

75%

Rate

8%

m

mUSD — the Magnet dollar

Fully USDC-backed. Mint at 1:1 with no fee; redeem any time for a 1% fee.