Extrafi XLend
  • Welcome to XLend 🎉
  • Borrow / Lend
    • Concepts
    • Overview
    • How to Use
    • FAQ
    • Liquidations
    • Price Feed
    • Interest Rate Strategy
    • E-Mode
    • Isolation Mode
    • Risks
    • Parameters
  • Multi-Account System
    • How it Works
    • How to Use
    • FAQ
  • Security
    • Audits & Security
    • Risk Management
    • Backstop Solution
  • Governance
    • Governance Process
    • Execution of Proposals
  • Developer Resource
  • Brand Assets
  • Terms of Use
  • Roadmap
  • Glossary
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  1. Borrow / Lend

How to Use

These guides will walk you through the key features of Extrafi XLend and show you how to get started.

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Last updated 1 month ago

How to Supply Assets on Extrafi XLend

Supply allows you to earn interest on your assets. XLend offers a variety of assets you can supply to the platform, including stablecoins, altcoins, LSTs, and other assets.

  1. Visit the and Connect Wallet (Note that you need to check the bottom prompt).

  1. Browser the list of Main Market assets and select the asset you want to supply.

  1. Click on "Supply".

  2. Enter the amount you want to supply.

  1. Review the overview details, then click the "Supply" button to initiate the transaction.

  1. Approve and confirm the transaction in your wallet.

  2. Once the transaction is confirmed, you can view your supplied assets in the "Show Positions" section. Your assets will immediately begin earning interest at the current Supply APY rate.

How to Borrow Assets on Extrafi XLend

XLend allows you to borrow assets by using your supplied assets as collateral. Borrowing enables you to leverage your holdings while maintaining exposure to the assets you supply.

  1. Browse the list of Main Market assets and select the asset you want to borrow. (Before borrowing, ensure that you have enough collateral to secure the loan.)

  1. Click on "Borrow".

  2. Enter the amount you want to borrow.

  1. Check the Overview, and click the "Borrow" button to initiate the borrowing process.

  2. Approve and confirm the transaction in your wallet

  3. After confirming the transaction, your debt details will appear in the "Show Positions" section.

How to Repay Assets on Extrafi XLend
  1. Click the "Repay" button on your borrow position.

  1. Enter the repayment amount and confirm the transaction in your wallet

Note: You must repay both the borrowed amount and any accrued interest.

How to Check Dashboard & Portfolio on Extrafi XLend

The Extrafi XLend Dashboard & Portfolio offers a clear overview of your lending and borrowing activities. You can track your positions and monitor essential metrics through four main sections: Net Worth, Health Factor, LTV (Loan-to-Value), and Borrowing Power.

The Dashboard can be accessed directly from the main page:

The is accessible from the navigation bar at the top of the main page:

Breakdown of Dashboard & Portfolio:

1. Net Worth

Net Worth shows the total value of your assets minus any borrowed funds on Extrafi XLend. This key metric helps you track your actual holdings after accounting for all loans.

2. Health Factor

Health factor in XLend is an important indicator that shows how secure a borrowing position is. It calculates the ratio between the collateral value (adjusted by the liquidation threshold) and the total borrowed amount. The higher the Health Factor, the less the risk of liquidation.

Check for more details.

3. Loan-to-Value (LTV)

The Loan-to-Value (LTV) ratio is the ratio of the value of the loan you have taken compared to the value of the collateral you have provided. It’s an important measure of risk — the higher the LTV, the greater the risk of liquidation.

4. Borrowing Power

Borrowing Power is the amount of funds you can borrow based on the current value of your collateral. It represents your ability to take out more loans or leverage additional funds without exceeding the platform’s risk parameters.

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