Lend and Borrow

TSM Multiply

Up to 2.50× Robinhood ChainTaiwan SemiconductorSoon

Max leverage

2.50×

Proposed ceiling

Net APY at 2.50×

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Rates set once markets open

Deposited in this pair

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Opens at launch

TSM venue liquidity

$965K

Live, for the swap in and out

What Multiply Means

Multiply holds more TSM than you deposit. You put in TSM; in one transaction USDG is borrowed against it, swapped for more TSM at the fairest venue, and deposited too. At 2.50× you hold 2.50 times what you put in and owe USDG for the difference.

Gains and losses both scale by the same multiple. Deposit $1,000 at 2.50×: you hold $2,500 of TSM and owe $1,500 of USDG.

TSM movesYour $1,000 becomesChange
+20%$1,500+50%
+10%$1,250+25%
0%$1,0000%
−10%$750−25%
−20%$500−50%

At the full 2.50×, a 14.3% fall in TSM from where you opened takes the loan to the proposed 70% 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 TSM to deposit and the leverage, up to 2.50×.
  2. One transaction borrows USDG, buys TSM 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 Closing runs in reverse: the debt is repaid, the TSM is withdrawn, enough is sold to cover the loan and the rest returns to you.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 TSM 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.