Documentation

Liquid is a self-repaying lending protocol on Lux. Deposit a yield-bearing asset, borrow synthetic LETH against it, and let the collateral's yield retire the debt over time. No liquidation spirals, no manual repayments — the position pays itself off.

Start here

Quickstart

For users — open a position and mint LETH in two transactions:

// 1. approve & deposit yield-bearing collateral
await yieldToken.approve(liquid.address, amount);
const tokenId = await liquid.deposit(amount, recipient, /* tokenId */ 0);

// 2. mint synthetic LETH against the position
await liquid.mint(tokenId, debtAmount, recipient);

For developers — read the contract reference or jump to integrating Liquid.

Canonical contracts

Lux mainnet, chain id 96369: