MagnetFi
Digital Asset Lending and Borrowing on Algorand
LP Collateral Vaults liveSingle Token Markets live
Protocol at a glance
$U Borrow Rate
…
Current $U borrow APY · via CompX
Available to Borrow
…
mUSD against LP collateral
LP Vault Utilization
…
Borrowing capacity in use
Single Token Markets
Lend and borrow individual assets through CompX's money markets on Algorand. Supply to earn yield, or borrow against your deposited collateral. Rates float with market utilization.
LP Collateral Vaults
Stay liquid with Magnet's LP Vaults. Deposit your Tinyman LP tokens as collateral and borrow mUSD against them while you keep earning trading fees in the background.