Move the sliders to see your limit, how much the price can fall before the loan is at risk, and what it costs per year. It's only a preview — nothing is sent.
Every number below comes straight from the demo market and refreshes every few seconds. Each market is isolated: one asset, its own rates, its own risks.
The more of the market is lent out, the more borrowing costs.
ProveNAV is a lending protocol where you pledge tokenized Treasury bills or private credit funds and borrow USDC without selling them. Collateral is priced at the issuer's published NAV.
Put digital dollars into a market. Borrowers pay interest, and it goes to lenders. Withdraw whenever there is free cash in the market.
Pledge tokenized assets you already own and receive USDC in the same step. You keep the asset, so you don't give up its returns.
Your loan is valued at the asset's published price. If it falls too far, the loan can be liquidated, so we show your margin in plain words and warn you early.
The market enforces them automatically. Nobody can switch them off for a single loan.
Borrowers verify once. After that, every market is open to them.
Even in a liquidation, pledged assets can only move to accounts that passed the check.
If an asset's issuer restricts who may hold it, those rules keep working inside every loan.
If an issuer freezes a token, the market respects it. No loan can override a freeze.
Lending USDC is open to everyone, with no minimum amount and no paperwork.
If the published price gets too old, new borrowing stops until a fresh price arrives. Repaying always works.
Honest weights, honest measures.
The same rules for every loan in a market. Demo values.
Tests of the credit market contracts, from single rules to random action sequences. They run on each change.
We deliberately break the code in small ways and check that the tests notice every time.
Test networks only. No independent audit has been completed, so please use demo accounts and never send real funds.
Still unsure? Open the app and try a loan with a demo account. Nothing you do there is real.
Anyone who passes a one-time identity check. It takes a few minutes and covers every market. Pledged assets can only ever move to verified accounts, so the issuer's rules stay intact.
Anyone. Lending USDC needs no identity check and has no minimum, so you can start with a few dollars and withdraw whenever the market has free cash.
At the asset's published price per token (NAV), not at a trading price, so short-term market noise can't liquidate you. If the published price gets older than allowed, new loans pause until it updates.
From borrowers. Every loan pays interest, and that interest goes to the lenders of the same market, minus a small reserve. The more of a market is borrowed, the higher the rate.
Your health factor goes down. If it drops below 1.00, someone else may repay part of your loan and receive some of your collateral at a small bonus. You can avoid this at any time by repaying or adding collateral.
Not yet. ProveNAV Credit runs on a test network with demo accounts and test tokens. The contracts have not been audited, so please don't send real funds.
Yes. A tenth of protocol revenue goes to charity.