LeveragePair
Leverage pair with full rate, risk-factor, and liquidity fields for both collateral (long) and debt (short) sides.
EVM chain id, as a decimal string. See the ChainId schema.
Protocol identifier. See the LenderId schema.
Market UID of the collateral side
Market UID of the debt side
Display name of the collateral market/vault (e.g. the Euler eVault name). Disambiguates rows that share the collateral/debt token symbols and lender.
Display name of the debt market/vault. For Euler this is the controller (debt) eVault — the primary way to tell otherwise-identical WETH→USDC rows apart.
Curator/brand of the collateral market (Euler: resolved from the vault governor). Null for lenders without a curator, or until the curator registry is seeded. Render as "curatorName + symbol", falling back to marketNameLong.
Curator/brand of the debt (controller) market. Same semantics as curatorNameLong.
Collateral asset address
Debt asset address
Collateral token symbol
Collateral token name
Debt token symbol
Debt token name
Liquidation collateral factor for the long side
0.94Borrow-adjusted collateral factor for the long side
0.92Borrow factor for the long side
1Whether collateral is disabled for the long asset
Whether debt is disabled for the long asset
Liquidation collateral factor for the short side
0.94Borrow-adjusted collateral factor for the short side
0.92Borrow factor for the short side
1Whether collateral is disabled for the short asset
Whether debt is disabled for the short asset
E-mode configuration ID
E-mode category
Base APR (deposit - borrow + intrinsic, before rewards)
Total APR (base + rewards)
Highest leverage multiple reachable in this market.
Loan-to-value ratio (0-1)
True when the debt (short) market is a Lista DAO brokered market — it cannot be looped at a variable rate, only at one of the fixed terms in termsShort. variableBorrowRateShort is 0/undefined for such pairs.
termsShort object[]nullable
Fixed-term rate card for the debt (short) side when it is a Lista DAO brokered market. Each entry is one loop option — see the per-term net-APR recipe. null/empty for regular variable-rate pairs. For Term Finance an empty card means "not borrowable right now" rather than "no offers" — read fixedTerm.auction for why.
Term identifier — MEANING IS LENDER-SPECIFIC. Exactly and TermMax: the pool/market unix MATURITY timestamp. Lista: the broker-defined product id. Teller: the duration in seconds (rolling term). Midnight and Term Finance: 0, a placeholder (single maturity per market, so the id carries no information). Pass to /v1/actions/lending/borrow?termId=…. Numeric on-chain; some upstream feeds serialize it as a string — coerce with Number() when comparing.
2Annualised fixed LEND rate at this maturity, in percent (Exactly only — its fixed pools quote both sides).
Borrowable liquidity at this maturity in loan-token human units (Exactly only).
How long the position is locked at the fixed rate, in days (e.g. 7, 14, 30).
7Term duration in seconds (raw on-chain value).
604800Annualised borrow APR for this term, in percent (e.g. 3.85 = 3.85%). Same unit as variableBorrowRate / stableBorrowRate. For order-book markets (Midnight) this is the 0-notional top-of-book (cheapest) rate — see aprAtAmount for the size-weighted rate.
3.85Size-weighted (VWAP) borrow APR % at the supplied debt notional, for order-book fixed-term markets (Morpho Midnight): the borrow book filled cheapest-first, (Σ filledᵢ·aprᵢ)/amount. Present only when an amount is supplied AND the term carries an order-book ladder; broker rate cards (Lista, single flat rate) omit it and apr already applies at any size.
Total loan-token depth in this term's order book — the maximum borrow openable at this maturity. Present only for order-book terms with an amount supplied.
True when the supplied debt notional exceeds fillable — the book can't fully fund the borrow at this maturity (aprAtAmount is then the drain-the-book VWAP).
ladder object[]nullable
Order-book borrow ladder (best-borrow first) for order-book fixed-term markets (Midnight). Only serialized when depth=true (bulky). aprAtAmount is the pre-computed size-weighted rate; use this to re-derive it at any amount.
Annualised borrow rate at this tier (%).
Credit/debt units at this tier (raw).
Loan-token size available at this tier.
fixedTerm objectnullable
Fixed-term descriptor for this pair's lender, joined by lender key. Absent on variable-rate lenders. For Term Finance (model: "term"), gate the borrow/loop CTA on fixedTerm.auction.canBorrow: origination only happens inside scheduled sealed-bid auction rounds and most repos sit between rounds, so a pair can carry a maturity, an LTV and a rate and still be impossible to borrow. Note also that aprBase/aprTotal on such a pair are computed against a variableBorrowRate of 0 and therefore read as an enormous leveraged yield with a free debt leg — show them as indicative, not obtainable, whenever canBorrow is false.
Underlying fixed-term protocol shape.
Possible values: [lista, midnight, term, exactly, teller, termmax]
termSingle fixed calendar maturity, unix seconds. Absent for rolling-duration menus (Lista) and multi-maturity markets (Exactly — the menu lives on terms[]).
fees object
Market-level fees: continuousFeeApr (%/yr lender-side haircut, Midnight), settlementFee (fraction at the current TTM, Midnight), latePenaltyApr (%/yr on overdue debt, Exactly), originationFeePercent (upfront % of principal, Teller). Empty for lenders without them.
Market-level fees: continuousFeeApr (%/yr lender-side haircut, Midnight), settlementFee (fraction at the current TTM, Midnight), latePenaltyApr (%/yr on overdue debt, Exactly), originationFeePercent (upfront % of principal, Teller). Empty for lenders without them.
earlyRepay object
Early-repayment policy: { kind: "none" | "penalty" | "discount" }. none = exit any time at market price; penalty = per-loan penalty (amount is position-level); discount = repaying early costs LESS than face value (Exactly).
Early-repayment policy: { kind: "none" | "penalty" | "discount" }. none = exit any time at market price; penalty = per-loan penalty (amount is position-level); discount = repaying early costs LESS than face value (Exactly).
provider object
Who fronts the term: { kind: "broker" | "orderbook" | "auction" | "pool", address? }. auction markets carry the auction window below and can only be borrowed inside a round.
Who fronts the term: { kind: "broker" | "orderbook" | "auction" | "pool", address? }. auction markets carry the auction window below and can only be borrowed inside a round.
auction object
Origination window for a fixed-term market whose terms are only obtainable during a bounded round rather than continuously — Term Finance (fixedTerm.provider.kind = "auction"). Served on fixedTerm.auction; ABSENT on lenders whose terms are continuously available, and absent is NOT the same as closed.
This is the difference between "the rate card is empty right now" and "this market cannot be borrowed at all": between rounds a Term repo still has a maturity, collateral params and a last-cleared rate, but nothing can be borrowed. Most repos are between rounds at any given time.
upcoming — a round is listed but not yet accepting submissions. open — accepting sealed bids/offers. revealing — bidding shut, sealed prices revealing and the round clearing. closed — no round is listed. Snapshot at fetch time; re-derive from the timestamps against the current clock when reading a cached response.
Possible values: [upcoming, open, revealing, closed]
openCan a NEW borrow be opened right now? Gate the borrow CTA on this, not on status and not on the presence of a rate — it stays correct if more statuses are added. True only inside an open round: Term borrow origination is a sealed bid, so there is no other entry point.
trueCan a NEW lend position be opened right now? Deliberately independent of canBorrow — the primary auction is only one of two lend surfaces, and buying repo tokens on the secondary market works between rounds. A closed round therefore leaves the market lend-only, not inert; greying out the whole market would be wrong.
trueSeconds until submissions close (revealTime − now). Absent unless a round is open. A snapshot — for a live countdown derive from revealTime, since responses are cached.
263000Ready-to-display consequences of this market's origination model, most important first (same convention as params.market.teller.implications). Auction mechanics are unusual enough that showing only a rate misleads.
Auction round id. Absent when status: "closed".
Submissions open, unix seconds. Absent when closed.
Submissions CLOSE and sealed prices begin revealing, unix seconds — the deadline to act. Absent when closed.
Round clears, unix seconds. Equal to revealTime on current deployments. Absent when closed.
Minimum bid (borrow) size for this round, loan-token BASE units. A real floor (e.g. "1000000000" = 1000 USDC) — a smaller amount cannot be submitted at all, so validate before building the action rather than surfacing a failed transaction.
1000000000Minimum offer (lend) size for this round, loan-token BASE units.
1000000000Total reward APR on the collateral side
Total reward APR on the debt side
Reward programs for the collateral side
Reward programs for the debt side
Total deposits in token units (long side)
Total debt in token units (long side)
Total liquidity in token units (long side)
Total deposits in token units (short side)
Total debt in token units (short side)
Total liquidity in token units (short side)
Available borrow liquidity (debt side) in token units
Available withdraw liquidity (collateral side) in token units
Remaining deposit capacity (collateral side) in token units
underlyingInfoLong object
Collateral asset metadata including token info, market prices, and oracle prices
asset object
Token metadata (address, symbol, name, decimals, logoURI, assetGroup)
Token metadata (address, symbol, name, decimals, logoURI, assetGroup)
prices object
Market prices (priceUsd, priceUsd24h, priceChange24h)
Market prices (priceUsd, priceUsd24h, priceChange24h)
oraclePrice object
On-chain oracle prices (oraclePrice, oraclePriceUsd)
On-chain oracle prices (oraclePrice, oraclePriceUsd)
underlyingInfoShort object
Debt asset metadata including token info, market prices, and oracle prices
asset object
Token metadata (address, symbol, name, decimals, logoURI, assetGroup)
Token metadata (address, symbol, name, decimals, logoURI, assetGroup)
prices object
Market prices (priceUsd, priceUsd24h, priceChange24h)
Market prices (priceUsd, priceUsd24h, priceChange24h)
oraclePrice object
On-chain oracle prices (oraclePrice, oraclePriceUsd)
On-chain oracle prices (oraclePrice, oraclePriceUsd)
Leverage pair with full rate, risk-factor, and liquidity fields for both collateral (long) and debt (short) sides.
{
"chainId": "string",
"lender": "string",
"marketLongUid": "string",
"marketShortUid": "string",
"marketNameLong": "string",
"marketNameShort": "string",
"curatorNameLong": "string",
"curatorNameShort": "string",
"assetLong": "string",
"assetShort": "string",
"assetGroupLong": "string",
"assetGroupShort": "string",
"symbolLong": "string",
"nameLong": "string",
"symbolShort": "string",
"nameShort": "string",
"collateralFactorLong": 0.94,
"borrowCollateralFactorLong": 0.92,
"borrowFactorLong": 1,
"collateralDisabledLong": true,
"debtDisabledLong": true,
"collateralFactorShort": 0.94,
"borrowCollateralFactorShort": 0.92,
"borrowFactorShort": 1,
"collateralDisabledShort": true,
"debtDisabledShort": true,
"eModeConfigId": "string",
"eMode": "string",
"aprBase": 0,
"aprTotal": 0,
"maxLeverage": 0,
"ltv": 0,
"depositRateLong": 0,
"variableBorrowRateShort": 0,
"intrinsicYieldLong": 0,
"intrinsicYieldShort": 0,
"variableBorrowDisabledShort": true,
"termsShort": [
{
"termId": 2,
"depositApr": 0,
"available": 0,
"durationDays": 7,
"durationSecs": 604800,
"apr": 3.85,
"aprAtAmount": 0,
"fillable": 0,
"capped": true,
"ladder": [
{
"apr": 0,
"units": "string",
"assets": 0
}
]
}
],
"fixedTerm": {
"model": "term",
"maturity": 0,
"fees": {},
"earlyRepay": {},
"provider": {},
"auction": {
"status": "open",
"canBorrow": true,
"canLend": true,
"secondsUntilClose": 263000,
"implications": [
"string"
],
"id": "string",
"startTime": 0,
"revealTime": 0,
"endTime": 0,
"minBorrowAmount": "1000000000",
"minLendAmount": "1000000000"
}
},
"rewardAprLong": 0,
"rewardAprShort": 0,
"rewardsLong": [
{}
],
"rewardsShort": [
{}
],
"totalDepositsLong": 0,
"totalDebtLong": 0,
"totalLiquidityLong": 0,
"totalDepositsShort": 0,
"totalDebtShort": 0,
"totalLiquidityShort": 0,
"totalDepositsUsdLong": 0,
"totalDebtUsdLong": 0,
"totalLiquidityUsdLong": 0,
"totalDepositsUsdShort": 0,
"totalDebtUsdShort": 0,
"totalLiquidityUsdShort": 0,
"borrowLiquidityShort": 0,
"withdrawLiquidityLong": 0,
"depositableLong": 0,
"utilizationLong": 0,
"utilizationShort": 0,
"underlyingInfoLong": {
"asset": {},
"prices": {},
"oraclePrice": {}
},
"underlyingInfoShort": {
"asset": {},
"prices": {},
"oraclePrice": {}
}
}