Simple rails for
open liquidity.
Soko connects suppliers and borrowers through autonomous liquidity pools. Smart contracts enforce every rule.
SuppliersProvide stablecoins
Liquidity poolSmart contracts match capital
BorrowersLock crypto collateral
Under the hoodDesigned to balance
Designed to balance
capital and risk.
01
Utilization
The ratio between borrowed and supplied assets drives rates. Past 90%, rates rise sharply to attract liquidity.
02
Interest
Borrow interest accrues each block. 85% flows to suppliers while 15% supports the protocol treasury.
03
Health factor
Collateral value and debt are continuously compared. Above 1 is healthy; at or below 1 is liquidatable.
04
Liquidation
Independent liquidators repay risky debt and receive collateral at a discount, protecting pool solvency.
Common questions
Good to know.
See it in action
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