Put a small market through a loan. Watch what changes when time passes and collateral loses value.
This is a simulation, not a lending service. Every dollar and SOL here is fictional. The figures use simplified, stated assumptions; they are not a quote from, or an execution of, the private program. No wallet, deposit, token reward or account is involved.
Choose a market day
A new run resets the fictional market. Try both prices, different supply amounts and different loans.
1. Supply2. Borrow3. Pass time4. Respond
What this shows
Choose a fictional USDC supply. A draw moves cash to the borrower and creates equal principal debt.
The example annual rate rises with utilization: 2% at zero borrowing toward 20% at full utilization. Interest is charged on outstanding principal over elapsed time, without compounding here.
Two fictional SOL start at $100 each, with a sample 50% borrowing limit. The risk indicator compares principal plus accrued interest to current collateral value. It is not a liquidation trigger or live risk quote.
Repayment in this exercise returns principal to market cash. Interest stays owed. Interest collection, supplier payout, collateral release and liquidation are not simulated as working program routes.
Sample parameters are teaching choices, not committed market settings, rates, returns or collateral policy.
The real product
Beyond the lab.
The Federation is developing a separate Solana lending program. Private local checks have exercised synthetic deposits and draws, time-weighted interest checkpoints and principal repayment. There is no public lending market, real-fund deposit path or independent security audit yet.