Multiply is a feature that lets you increase your exposure to supported assets without manually borrowing, swapping, or managing complex loops.
This guide explains how to navigate the Multiply page and understand each section of the interface.
Multiply page overview
How it works
The “How it works” hover shows a brief explanation and includes a link to a step-by-step tutorial video.
Your Positions
Shows a table of your currently active positions you can Multiply, if any.
Your Supplied - Value of your supplied asset
Your Borrowed - Value of your borrowed asset
Net APY - Effective yield after accounting for borrow costs
Multiplier - How many times your original deposit has been looped (1x = no leverage)
Supply Rate - Yield on the supplied asset
Borrow Rate - Interest paid on borrowed asset
Ratio - Health of the position (0% = very safe; close to 100% = risky)
Top Loops
Vault Pair - (e.g., JLP/USDC, JupSOL/SOL)
Multiply Button - Directly opens the vault to create a looped position
Max Leverage APY - Highlighted in green to show how much yield you could earn at max loop
Loop Select
Loop Select lets you directly choose your debt and collateral assets if you’re looking for a specific pair.
Loops listing
This section lets you explore all available leverage vaults and pick one to start a new position.
Filters:
- Categories: All, SOL Based, BTC Based, Incentivized Vaults, Pegged Vaults
Sort: Sort vaults by Net APY, LTV, Threshold, etc.
Supply Borrow - Asset pair used in the vault
Max Multiplier - Maximum possible leverage
Max Net APY - Theoretical APY at max leverage
LTV - Maximum Loan-to-Value ratio
Liq. Threshold - The LTV percentage at which your position becomes at risk of liquidation.
Supply Rate - Yield on your collateral asset
Borrow Rate - Cost of borrowing the debt asset
Multiply Position Setup
At the top left, you’ll find the name of the pair (in this example, SOL/USDC).
1/ Pair overview
LTV (Loan-to-Value) - Max borrow ratio relative to your collateral.
Liquidation (Liq.) Threshold - The LTV percentage at which your position becomes at risk of liquidation.
Liquidation (Liq.) Penalty - The percentage taken from the liquidated portion of your collateral if your position is liquidated.
2/ Position overview
Net Value - The total collateral value minus your outstanding debt. It represents how much you would keep if you fully unwound your position right now.
Final APY - The projected yield
Multiplier - Actual Multiplier / Maximum Multiplier
Supply APY - Yield earned on your deposited SOL (you can switch to APR by clicking on the double-arrows)
Borrow APY - Interest paid on borrowed USDC (you can switch to APR by clicking on the double-arrows)
PNL - Coming soon
3/ Supply Panel
Token - SOL (the collateral you're depositing)
Amount - Updates dynamically based on leverage selected
Leverage Slider - Ranges from 1x to 3.8x, lets you set your desired multiplier
Max Slippage Options - Choose how much price movement you're willing to allow for the transaction to succeed. Options: 0.5%, 1%, 0.00%
Minimum Swap Return - The minimum amount you’ll receive during a Multiply, taking leverage into account.
Multiply Button - Click to initiate the multiply transaction with selected leverage and deposit amount
4/ Projected Positions
A preview of your position before and after the action you’re about to perform.
This helps you visualize how much your deposit and debt will grow after leveraging.
5/ Status
Health Ratio + Safety Indicator - Displays a percentage of your position's health after leverage (e.g., 58.18%)
+ A label like Safe based on distance from liquidation threshold (Safe/Medium/Risky/Very Risky/Liquidated).
Immediate Borrowing / Withdrawal Capacity - Available USDC liquidity
Liquidation Warning - Text warning: "If SOL reaches 98.01 USDC (drops by 22.06%), your position may be partially liquidated".
Tabs
Action Tabs:
- Multiply - To create a new looped position
- Unwind - To unwind or reduce an existing one
- Add More Collateral - Add extra collateral to improve position health
- Withdraw Collateral - Withdraw collateral if your health allows
- Repay Debt - Reduce your borrowed amount
- Borrow Debt - Increase your borrowed amount
Stats Tab:
The Stats tab displays historical charts for Supply APY, Borrow APY, and the Oracle Price, allowing you to track how rates and market conditions have evolved over time.
History Tab:
The History tab shows a chronological log of all actions performed on your Multiply position, including deposits, leverage adjustments, repayments, and withdrawals.