Imperial Lending Pool

Provide USDC that funds leverage for Imperial traders. The pool earns the borrow interest plus the liquidation residual on every loan-backed position; 75% of gross revenue accrues to LP share value.

Pool NAV
Utilization
Share price
Withdraw cooldown
ILP
Imperial Lending Pool
USDC
Your balance
connect wallet
Pending withdrawal
APY
Vault TVL
Withdraw cooldown
Deposit
0 USDC
USDC

Imperial Pairs Pool

Provide USDC as the counterparty to Imperial Pairs traders. The pool earns trading fees, the funding residual on warehoused skew, and the skew-impact premium, net of trader PnL.

Open interest

Open notional across every Pairs market

Touch market usage

Worst-case payout capital reserved across Touch markets

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Pool NAV breakdown

What belongs to LP share value right now

Cash in vault
Trader funds
Deposits in flight
Withdrawals in flight
Uncollected insurance fees
Trader unrealized PnL
Pool NAV
PLP
Pairs Liquidity Pool
USDC — the counterparty to every pairs position
Your balance
connect wallet
Pending withdrawal
APY (14d)
Pool NAV
Withdraw cooldown
Deposit
0 USDC
USDC

Pawn pool

Lend against graded cards at a pawn-shop rate, over five-day terms.

NAV
Utilization
Cash in vault
Lent out
Share price
Withdraw cooldown
Provisioned
Loss reserve

Inventory

Cards the pool took in are carried at zero. There is no honest oracle for a single graded card, and any mark we invented would be a lever on the share price.

Held
Disposed
Written off
Recovered
Cumulative bad debt

What you are lending into

  • The pool lends 90% of a market maker's appraisal. That maker posts no capital and is bound by reputation and an off-chain agreement, so this is unsecured credit to them, collateralized by a card.
  • The card collection's authority holds permanent transfer and burn delegates, so it can move or destroy an escrowed card without the owner's signature. This is disclosed and accepted, and the debt ceiling is what bounds it.
  • Capped at — per loan and — across the book.
  • Withdrawals are two-phase and available-only: a claim is refused when the vault is short rather than queued.
  • A withdrawal request becomes claimable — after you make it.
PWN
Pawn pool
USDC
Your balance
connect wallet
Pending withdrawal
Pool NAV
Utilization
Withdraw cooldown
Deposit
0 USDC
USDC