Create a position (deploy a collateral vault)

GET /v1/actions/twyne/create-position

Deploy the borrower's collateral vault, choosing its liquidation LTV. This is the first step on Twyne — there is no "first deposit opens it" path, and the standard lending ops refuse an account that has no vault in the market.

Twyne is a credit-delegation layer over Aave V3 and Euler V2, not a lending market of its own: capital never leaves the external protocol. Credit-LPs deposit a receipt token they already hold (eWETH, or a Twyne wrapper around an aToken) into an intermediate credit vault; a borrower deploys a collateral vault — one contract per position — that RESERVES that credit, so the external market sees one ordinary borrower while the user's own collateral carries a much higher LTV (93.26 % → 98 %).

Three consequences shape this API:

A position is a contract, and there may be SEVERAL per user per market. Every op past the create takes an optional posId (the collateral vault address); omitted, it resolves the account's only vault and refuses when there is more than one. Discovery is factory.getCollateralVaults(borrower).
There is no per-market LTV. Each position carries its own twyneLiqLTV, chosen at deploy time inside a live BAND: extLiqLTV × externalLiqBuffer ≤ chosen ≤ maxTwyneLTVs. Both bounds move — governance ramps the ceiling, and for a PT market the floor drifts as the collateral ages — so they are read fresh on every call and returned as data.band.
The collateral is not all the borrower's. totalAssetsDepositedOrReserved − maxRelease() is what a withdraw can pay out; the rest is reserved Credit-LP capital.

Every borrower op is an evc.call through Twyne's OWN EVC 0xef39D649…, never Euler's canonical one. Liquidation is by INHERITANCE — the liquidator becomes the borrower and heals the position — so there is no seize-and-sell penalty auction.

liqLtv is validated against a LIVE band read and is refused above the ceiling, below the floor, or against collateral that has already MATURED (two of the three PT markets are expired — existing positions there stay actionable, new ones are not opened).

The vault's address is not returned: it is only knowable once the deploy has executed, which the response states as data.vaultAddressKnownAfterExecution. Read it from the T_CollateralVaultCreated event in the receipt, or from factory.getCollateralVaults(account) afterwards. A single batch that creates AND funds the position needs the address up front — that is evc.batchSimulation, not a pinned CREATE2 hash, because the hash is a property of the factory implementation and that has already changed four times.

Plain-text reference — GET /v1/actions/twyne/create-position

Parameters

Parameter	In	Type	Required	Description
`chainId`	query	string	yes	Chain id See the `ChainId` schema for the full set of supported chains.
`lender`	query	string	yes	Per-market key, e.g. TWYNE_1_<INTERMEDIATE_VAULT>_<TARGET_ASSET> See the `LenderId` schema for the full set of accepted values.
`operator`	query	string	yes	Borrower (tx sender)
`liqLtv`	query	string	yes	The position's liquidation LTV, 1e4 scale (e.g. 9500 = 95 %). Must sit inside the market's live band, returned as data.band

Response 200

Field	Type	Description
`success`	`True`
`data`	object	Informational data (quotes, simulation results, etc.)
`actions`	object	Transaction calldata and approvals. Null for quote-only responses (no account provided).
`actions.transactions`	object[]	Pre-trade setup transactions (e.g. e-mode switch, collateral enable). Execute these before the main swap. Empty when no setup is needed.
`actions.transactions[].chainType`	`evm`	Which VM executes this step. ABSENT means `evm`, which is the only value any endpoint returns today — every EVM response is unchanged. A non-EVM chain would return a different shape (a serialized, PERISHABLE transaction rather than `to`/`data`/`value`) carrying its own `chainType`, so a client that wants to stay forward-compatible should branch on this field rather than assume `to` is present.
`actions.transactions[].to`	string	Target contract address
`actions.transactions[].data`	string	Encoded calldata
`actions.transactions[].value`	string	ETH value to send with the transaction
`actions.transactions[].description`	string	Human-readable label. For `alternatives`, this is the aggregator name (e.g. "Paraswap"). For `transactions`, describes the setup action (e.g. "Switch e-mode to 1").
`actions.alternatives`	object[]	DEX aggregator swap transactions sorted by best output (descending). Each entry's `description` is the aggregator name. The client should pick one to execute. Present on loop action endpoints.
`actions.alternatives[].chainType`	`evm`	Which VM executes this step. ABSENT means `evm`, which is the only value any endpoint returns today — every EVM response is unchanged. A non-EVM chain would return a different shape (a serialized, PERISHABLE transaction rather than `to`/`data`/`value`) carrying its own `chainType`, so a client that wants to stay forward-compatible should branch on this field rather than assume `to` is present.
`actions.alternatives[].to`	string	Target contract address
`actions.alternatives[].data`	string	Encoded calldata
`actions.alternatives[].value`	string	ETH value to send with the transaction
`actions.alternatives[].description`	string	Human-readable label. For `alternatives`, this is the aggregator name (e.g. "Paraswap"). For `transactions`, describes the setup action (e.g. "Switch e-mode to 1").
`actions.permissions`	object[]	Approval/delegation transactions that must execute before both `transactions` and `alternatives`. Includes ERC20 allowances (targeting the composer contract) and lender borrow/withdrawal delegations (targeting the lending protocol contract directly). Filtered against on-chain state so only missing approvals are returned. Null when no approvals are needed.
`actions.permissions[].to`	string	Target contract address
`actions.permissions[].data`	string	Encoded calldata
`actions.permissions[].value`	string	ETH value
`actions.permissions[].description`	string	Human-readable description of the approval (e.g. "Approve borrow for AAVE_V3", "Approve ERC20")
`actions.permissions[].spender`	string	ERC-20 approve spender (x-chain permissions). Match it against the selected quote's `approvalTarget` — several bridges can share one spender, so do not match by description.
`actions.permissions[].type`	`ERC20`, `Lender`	What kind of grant this is. A `signatures[]` offer names the `type` it replaces via its `replaces` field.
`actions.signatures`	object[]	EIP-712 payloads the user can sign INSTEAD of sending the corresponding `permissions` entry. Only present when the caller opted in with `permit=auto\|required` and a permit path exists. Sign with `eth_signTypedData_v4`, then POST the same endpoint with `{permits: [{permitId, signature}]}` (plus `builds` where the response issued buildIds) — the permit executes inside the main transaction.
`actions.signatures[].permitId`	string	Opaque, self-describing handle for this permit. Round-trip it verbatim: POST `{permits: [{permitId, signature}]}` back to the same endpoint.
`actions.signatures[].kind`	`erc2612`, `dai`, `permit2`, `aaveCredit`, `morphoAuth`, `cometAuth`	Permit flavour
`actions.signatures[].typedData`	object	Ready for `eth_signTypedData_v4` (domain, types incl. EIP712Domain, primaryType, message). All numeric fields are decimal strings.
`actions.signatures[].replaces`	string	Which `permissions` entry this signature replaces (`ERC20` \| `Lender`)
`actions.signatures[].spender`	string	Who the signature authorises. Match against the permission / quote (`approvalTarget`) it replaces — on multi-spender responses (x-chain) only routes whose approvalTarget equals this spender are covered by the signature.
`actions.signatures[].description`	string	Human-readable label for this entry.
`actions.signatures[].unscoped`	boolean	True when the grant is NOT amount-scoped (full position control until revoked) — surface this to the user.
`actions.signatures[].deadline`	string	Unix seconds after which the signature is worthless (default: 30 minutes).
`actions.permitSkipped`	object[]	Why a permit was NOT offered for a permission, when one was asked for (`permit=auto\|required`). The corresponding approve transaction stands.
`actions.permitSkipped[].replaces`	string	Which permission kind stays a transaction (`ERC20` \| `Lender`)
`actions.permitSkipped[].reason`	string

Example response

{
  "success": true,
  "data": {},
  "actions": {
    "transactions": [
      {
        "chainType": "evm",
        "to": "0x87870Bca3F3fD6335C3F4ce8392D69350B4fA4E2",
        "data": "0x617ba037000000000000000000000000c02aaa39b2",
        "value": "0",
        "description": "string"
      }
    ],
    "alternatives": [
      {
        "chainType": "evm",
        "to": "0x87870Bca3F3fD6335C3F4ce8392D69350B4fA4E2",
        "data": "0x617ba037000000000000000000000000c02aaa39b2",
        "value": "0",
        "description": "string"
      }
    ],
    "permissions": [
      {
        "to": "0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2",
        "data": "0x617ba037000000000000000000000000c02aaa39b2",
        "value": "0",
        "description": "string",
        "spender": "0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2",
        "type": "ERC20"
      }
    ],
    "signatures": [
      {
        "permitId": "string",
        "kind": "erc2612",
        "typedData": {},
        "replaces": "string",
        "spender": "0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2",
        "description": "string",
        "unscoped": true,
        "deadline": "string"
      }
    ],
    "permitSkipped": [
      {
        "replaces": "string",
        "reason": "string"
      }
    ]
  }
}

Request

Responses

Create-position transaction + the validated band

Rate limited. Unauthenticated callers share a per-IP budget; send an x-api-key header to lift it. Retry with exponential backoff.

An upstream data source or protocol origin failed (error.code is ORIGIN_FAILED). error.details carries the per-origin status. This is also what a missing or malformed required parameter currently returns, rather than a 400.

Create a position (deploy a collateral vault)

/v1/actions/twyne/create-position

Request​

Responses​

Request

Responses