Welcome

Borrow

Once you've supplied collateral, you can borrow assets against it. Your borrowing power depends on how much you've supplied and each asset's LTV ratio.

Step 1 — Open the Borrow Modal

From the Dashboard, find the asset you want to borrow in Assets to borrow and click Borrow.

You can also click Borrow next to an existing position in Your borrows to borrow more of the same asset.

The Borrow buttons appear next to each asset in "Assets to borrow"

Step 2 — Enter the Borrow Amount

In the Borrow modal:

  1. Enter the amount you want to borrow, or use the slider.
  2. Review the key info displayed at the top:
    • Borrow Rate APY — the annual interest you'll pay.
    • Total Borrowed — your current debt for this asset (if any).
    • Liquidity available — how much of this asset is available to borrow.

Step 3 — Choose Where to Receive Funds

By default, borrowed tokens are deposited back into your PermaPod account (allowing you to build leverage in a single transaction).

To receive tokens directly in your wallet instead, toggle on "Receive funds to Wallet".

Permapod allows you to build leverage by default in a single transaction.
Check the box if you prefer to receive the borrowed tokens in your wallet rather than having them automatically supplied back into your position.

Step 4 — Check Your Health Factor

The Account Summary on the right shows how this borrow will affect your Health Factor.

  • Green = Safe position
  • Yellow = Moderate risk
  • Red = Danger — close to liquidation

If the borrow would push your Health Factor too low, you'll see a warning: "Borrowing this amount will result in a low health factor. You risk liquidation."

Step 5 — Confirm and Approve

Click Borrow to submit the transaction, then approve it in your wallet.

Once confirmed, the borrowed asset appears under Your borrows on the Dashboard.

Key Points

  • Borrowed amounts accrue interest over time. Check your Borrow APY regularly.
  • Your Health Factor must stay above 1.0 to avoid liquidation. See Health Factor & Liquidation.
  • To pay back your loan, see Withdraw & Repay.

Next step: Withdraw & Repay to learn how to retrieve assets and pay off debt.