Yield and lending

Yield tracks positions that earn a return. Lending tracks borrowing positions, collateral, debt and liquidation risk. Use these pages to review positions; deposits, withdrawals and repayments take place on your own platforms.

All your yield positions are on this page. A switch above it shows All, Stable or Other positions, and stays in the page address. Stable covers a position on a stablecoin, on a yield-bearing stablecoin such as sUSDS or syrupUSDC, or on a Pendle PT over one, as in Stable Yield; each is valued at its own price, so a PT counts at its market price, not at one dollar. The card at the top covers your open positions under that switch: the productive capital, the weighted APY, the estimated monthly income (capital times APY, divided by 12) and, once a position has recorded rewards over 30 days or more, the realized APY; then one bar per position with its share of the capital and its monthly income (positions under 1% are grouped). Under All, these are the same figures as the Yield line of the dashboard. A position without a price is left out of the productive capital and the weighted APY: the capital then reads ≈. A position whose APY is unknown counts in the productive capital but not in the weighted APY or the monthly income, which rest on the positions whose APY is known. When stable positions are in the card, two lines at its foot open Stable Yield's market rates and its optimizer. The Yield target card shows, once a target is set, the gap in points between it and the weighted APY of all your open positions, whatever the switch. Set target defines the expected weighted rate; its alerts also depend on the minimum capital and frequency selected in Settings > Notifications.

The list shows the current amount of each position with its value in dollars, or Price unavailable when its price is unknown. A stable position carries a Stable mark; for a PT or a yield-bearing stablecoin, its ? says why it counts as stable. Select a position in the list to open its panel: current and deposited amounts, APY and realized rate, risk, status, what makes it count as stable when it does, funding source, pending rewards and notes. The panel holds the actions: Edit opens the position's form page, Ignore leaves an imported position out of your totals, Delete removes a position you entered, after confirmation. New position opens the same form.

An imported position arrives without a risk assessment and shows Not rated until you choose a level in Edit. Its date reads Observed since: it is the first time the sync saw the position, not its real opening. Its amount at that first observation is not shown as a deposit, nor compared with it as a loss. A position cannot be added by hand to a synchronized wallet, whose DeFi positions come from its sync; an exchange account accepts one, for balances its sync does not read. If a position uses borrowed funds, its funding source identifies the loan and its cost. See Accounts for manual edits to imported positions.

For a deposit of 1,000 units and rewards of 10 units over 30 days, the recorded gain is 1%. Simple annualization gives about 12.2%. This does not mean 12.2% has already been earned or that this rate will continue.

Lending opens on the Liquidation margin card: your lowest health factor with its state against your thresholds, the worst-case distance to liquidation, total collateral and total debt, with the collateral ratio and net value underneath. Positions below one of your thresholds are listed in the card, red below the critical threshold or 1.00, amber below the warning threshold; when none is, the card names the most exposed position. Positions whose health factor is unavailable are grouped in one line that opens to give the reason for each. A collateral or a debt without a price is left out of the totals, which then read ≈, and the collateral ratio is not shown; the ? next to them gives how many positions are concerned.

Health factor = collateral value x liquidation threshold / debt value. A value near 1 indicates proximity to liquidation. The threshold comes from the protocol. In this version it must be entered on an imported position to enable the calculation. Without the necessary inputs, Patrima shows unavailable.

Select a position in the table to open its panel: collateral, debt, health factor, liquidation threshold and price, distance, borrow rate, status, origin and last sync, pending rewards and notes. From there, Edit opens the position's form, Ignore leaves an imported position out of your totals and alerts, and Delete removes a position you entered, after confirmation. New position opens the same form to add one by hand.

In the table, each health factor is coloured with your own thresholds: green above the warning threshold, amber between warning and critical, red below critical. A position that cannot be evaluated reads unavailable, and a position without debt shows a dash. The liquidation simulator judges the simulated health factor with the same thresholds, and names three cases:

Position badges and alerts use your thresholds: warning at 2.5 and critical at 1.3 by default. Change them in Settings > Risk thresholds. They do not change the protocol's liquidation point.

A ≈ before the health factor indicates an estimate because a price is assumed at parity. The Liquidation margin card leaves out positions that cannot be evaluated and counts them on its HF unavailable line. For a position close to liquidation, always check the protocol's own interface.

On Pro, the simulator sits next to the Liquidation margin card. Choose a position, apply a price shock (presets of -10%, -20% and -35%, or your own value), add collateral or repay debt, and read the simulated health factor, its change from now, its state against your thresholds, the distance to liquidation and the liquidation price. Below a simulated health factor of 1.50, it shows the collateral to add or the debt to repay to get back to 1.50; doing nothing remains an option.

Only open positions with debt and a liquidation threshold are available. If your position is missing, check those inputs. Simulated results remain estimates when the starting data is estimated.