Borrow against your tPLP.
Lock tPLP from the Tethra vault and borrow dUSDC against it, up to 50% LTV. Liquidations self-redeem through the vault, so no oracle or external liquidity is needed. Numbers are read live from testnet.
Connect to view your position
Connect a Sui wallet on testnet to see your collateral, debt, and LTV.
Lock tPLP as collateral
Deposit your Tethra vault shares (tPLP). They are valued at the conservative vault cost-basis floor, with no oracle.
Borrow dUSDC up to 50% LTV
Draw dUSDC against your collateral up to the max LTV. Repay any time; interest accrues on a kinked utilization curve.
Self-redeeming liquidation
Past 80% LTV, anyone can liquidate: the market redeems your tPLP through the Tethra vault, repays the debt, keeps a 5% penalty, and returns the surplus.
You borrow dUSDC against tPLP in an isolated market. Collateral is the Tethra vault share; liquidations redeem through the same vault. Open any of these on the explorer to verify the live state.
