Strike Finance

Open your wallet, choose an asset, and put it to work. On Strike, supplying liquidity is straightforward: connect via MetaMask or WalletConnect, pick a market, approve the token once, and deposit. If you want to borrow later, enable the asset as collateral in the same flow. The dashboard shows variable APY, utilization, and your health metrics at a glance, so you can judge risk before you click confirm. You can add or remove collateral any time, claim rewards when available, and set personal safety buffers instead of riding the edge of your limit. For routine yield, stick to stablecoin pools; for higher but bumpier returns, consider volatile assets with deep liquidity. When conditions change, redeem instantly back to your wallet and rotate into a different market without leaving the app.

Borrowing is just as practical. After enabling collateral, choose what to borrow and use the slider to set an amount well below your maximum. Keep an eye on the health meter; a comfortable zone (for example, 30–50 percent of your limit) helps you avoid liquidations during fast price moves. Interest accrues per block and adapts to market utilization, so check the live rate before confirming. Repay from your wallet balance, or swap into the borrowed token right in the interface and settle in one transaction. Advanced users can loop positions (supply, borrow, supply) to amplify yield, but should set conservative caps and monitor volatility. Traders can hedge by depositing ETH and borrowing a stablecoin, or go long by supplying stablecoins and borrowing a volatile asset. For peace of mind, set up notifications for price moves and health factor thresholds using your preferred bot or portfolio tracker.

If you want a new token listed, follow the onboarding path. Prepare key details: circulating supply, on-chain liquidity, historical volatility, oracle availability (e.g., Chainlink), and counterparty or contract risks. Submit the asset for review with proposed parameters such as collateral factor, borrow cap, reserve factor, and liquidation incentive. Curators and delegates evaluate the data, run risk checks, and, if approved, move the market to a vote. Use testnet to simulate borrow limits and stress scenarios before launch. Once live, the market inherits Strike’s guardrails (caps, oracles, and close factor), letting new collateral types enter with measured risk while keeping borrowers and suppliers protected.

Builders can integrate quickly thanks to Compound-style contracts. Interact with cToken markets and the Comptroller to enterMarkets, mint and redeem, borrow and repay, and retrieve account liquidity. Stream events to power dashboards, alerts, and treasury analytics; or use a subgraph/event indexer for faster queries. To run a liquidator, watch for accounts dipping below required collateralization, call liquidateBorrow with the repay asset, and seize the discounted collateral within protocol limits. Wallets can embed one-click supply and repay flows; treasuries can automate policy targets (maintain X percent in stables, cap risk at Y health factor). Because parameters and markets are on-chain, integrations remain transparent, and upgrades are governed, not arbitrary.