Lending SOL
Video Tutorial
Step by Step Guide
Connect your wallet to Sendit and navigate to the Lend & Borrow page.
Find the market of the token you want lend SOL to for earning yield and click Supply.
We highly recommend using Verified Markets only for the average user.
In the pop-up, enter the amount of SOL you want to supply. The panel also displays live pool statistics:
Supply APR: Yield you earn for lending SOL.
Pool Utilization: Percentage of total supplied SOL that is borrowed.
Total Supplied: Total SOL currently in the pool.
Click Supply and confirm the transaction in your wallet.
Your SOL is supplied to the pool.
You can view and manage your active supply positions in the Portfolio page.
Important Information
Earnings: Interest is earned automatically, based on the market’s utilization and APR.
Withdrawals: You can withdraw your supplied SOL anytime, provided there is available liquidity.
Verified Markets: Safer option for most users, as these pools are more liquid and less volatile.
Last updated