How Does it Work?

Leveraged trading powered by flash loan

Margin Trade allows users to long/short specific pairs, such as SUI/USDC, ETH/USDC, and WBTC/ETH with leverage. When Net APY is positive, the user’s deposit interest exceeds their borrowing interest, so the user does not need to pay any fees for the position.

Example:

// A user has 5 SUI and chooses to short SUI/USDC(3X Leverage)

Let's say:

1SUI=2USDC and No price slippage

For User:

User Final Position:

• Supply=30USDC

• Borrow=10SUI

• Net Value=$10

Notes:If the supply interest on 30 USDC exceeds the borrow interest on 10 SUI (i.e., Net APY > 0), the user will earn interest.

For Market:

State	Asset	Supply	Borrow	Utilization ratio
Before	SUI	100	30	30%
Before	USDC	100	40	40%
After	SUI	100	40	40%
After	USDC	130	40	30.77%

• Market Total Supply:$300 to $330

• Market Total Borrow:$100 to $120