Lend and Borrow

DELL Multiply

Up to 2.00× Robinhood ChainDellSoon

Max leverage

2.00×

Proposed ceiling

Net APY at 2.00×

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Rates set once markets open

Deposited in this pair

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Opens at launch

DELL venue liquidity

$403K

Live, for the swap in and out

What Multiply Means

Multiply holds more DELL than you deposit. You put in DELL; in one transaction USDG is borrowed against it, swapped for more DELL at the fairest venue, and deposited too. At 2.00× you hold 2.00 times what you put in and owe USDG for the difference.

Gains and losses both scale by the same multiple. Deposit $1,000 at 2.00×: you hold $2,000 of DELL and owe $1,000 of USDG.

DELL movesYour $1,000 becomesChange
+20%$1,400+40%
+10%$1,200+20%
0%$1,0000%
−10%$800−20%
−20%$600−40%

At the full 2.00×, a 16.7% fall in DELL from where you opened takes the loan to the proposed 60% liquidation LTV and part of the position is sold to repay it. Figures ignore interest and swap costs.

How It Works

  1. You choose how much DELL to deposit and the leverage, up to 2.00×.
  2. One transaction borrows USDG, buys DELL at the fairest quote, deposits everything and borrows against it. If any step fails, none of it happens.
  3. Closing runs in reverse: the debt is repaid, the DELL is withdrawn, enough is sold to cover the loan and the rest returns to you.

Risks

  • Losses grow by the same multiple as gains. A fall past the liquidation point sells part of the position at a penalty.
  • When the borrow rate is above what DELL earns, the position costs money to hold.
  • Stock Tokens can be paused by their issuer and follow US market hours. This page is not investment advice.

Live oracle price and venue depth; Multiply opens at launch.