Skip to main content

Managing Positions

Once you've borrowed USDC, you can manage your positions from the My Positions view. This page shows all your active positions across all markets with real-time health data.

Overview​

Each position card on the My Positions page displays:

  • Supplying — amount and USD value of your meme tokens supplied as collateral
  • Borrowing — your outstanding USDC debt
  • Borrow Rate — the current interest rate on your loan, expressed as an APY (Annual Percentage Yield)
  • Token Price — the current market price of your collateral token
  • Liquidation Price — the collateral token price at which liquidation would trigger, including the percentage drop from the current price
  • Health — a row of hearts indicating how far you are from liquidation (more filled hearts = healthier position)

Quick Repay​

Click Quick Repay on any position card to open the repay modal. The behaviour depends on your USDC wallet balance:

  • If you have enough USDC to cover the full debt — the modal shows the full repay amount and the collateral you'll receive back. Clicking Repay repays the entire loan and automatically withdraws all your collateral to your wallet in a single transaction.
  • If you don't have enough USDC — the modal uses your entire available USDC balance for a partial repay. Your collateral remains supplied, and the remaining debt continues to accrue interest.

There is no manual amount input — Quick Repay is designed to be a one-click action.

Modify a Position​

For more control over your position, click Modify Position. This opens a dedicated view with the same slider-based interface used when borrowing:

  • Supply slider — adjust your collateral amount (supply or withdraw meme tokens). You can't go below the minimum required to keep your position healthy (the liquidation threshold).
  • Borrow slider — adjust your USDC debt (borrow more or repay). You can't repay more than your current USDC wallet balance.

The summary panel and mascot update in real time as you adjust values, showing how the changes affect your liquidation price. Click Modify Position to confirm.

caution

While the UI prevents changes that would result in immediate liquidation, your position may still be at risk if the collateral price drops further.