• Depositors: lend tokens to a market.
• Borrowers: borrow tokens and pay interest to depositors.

Borrowers' default risk is mitigated by requiring loans to be over-collateralized.

Each market has a Collateral Factor, indicating the maximum amount a user can borrow relative to their collateral (usually around 70%). To borrow $B, a borrower must provide $C as collateral:

$B <= $C x Collateral Factor

Collateral factors are generally lower in volatile markets and higher in stable ones.

Why Metal X Lending?

Metal X Lending enables borrowing and lending across multiple blockchains previously inaccessible on Ethereum or other protocols. Using smart contracts on the XPR Network, users can manage loans without a central mediator.

No Transaction Fees

The XPR Network charges no gas fees, making transactions free for users. Validators earn XPR for transaction validation.

Get Started on Metal X Lending

Follow these guides to begin:

• Log In To Metal X Lending
• Deposit Collateral
• Withdrawal Collateral
  Borrow
• Repay Loan

Learn More About XPR Network

Discover the XPR Network and its ecosystem in our overview.

XPR Network Blockchain & Ecosystem

FAQ

Find answers to frequently asked questions here.

Metal X Lending FAQ

Glossary

Explore common terms used in our glossary.

Glossary