Open Beta

Lend Against NFTs

Create an offer against a supported NFT collection and review the return and collateral risk.

Review a Collection

The Lend page lists Collection, Max APY, Offer, Term, Max LTV, Floor, and the selected floor-price change period. Search by collection name or sort the table by any of those fields.

Use the 24h, 7d, and 30d controls to change the floor-price comparison period.

Collection tiers use either 150% or 200% gross APY.
Launch terms run for 7 or 14 days.
The protocol caps principal at 98% of the live floor price and sets no minimum principal.

Search collections and sort their offers. The period switcher controls floor-price changes.Test example; check the live app for current rates and terms.

View the Offer Book

Select Orders beneath a collection name on Borrow or Lend to open its offer book. Choose All or a term to compare the available offers. The best offer appears first and is the default selection for borrowers.

Active offers shows each offer's principal, LTV, expiry, and lender. Active loans appears alongside it. Select Create offer to prepare an offer for that collection.

Open Orders beneath the collection name.

Compare offers and active loans using the term filters.Test example; check the live app for current rates and terms.

Create an Offer

Select Robinhood in the navigation-bar toggle, use Connect a wallet to sign in with your ETH wallet, and open Lend.
Choose the collection you want to lend against.
Choose a 7- or 14-day term and enter the principal in the collection's loan currency.
Review the term, APY, principal, floor price, current LTV, and projected earnings. Set your maximum LTV and offer expiry.
Open Details to check You lend, Interest, Fee, Total return, and Network fee.
Set the amount, term, maximum LTV, and offer expiry.Test example; check the live app for current rates and terms.
Select Make offer and complete the wallet actions shown. For WETH offers, Wrap ETH covers a shortfall in your WETH balance.
Approve the loan currency if the modal asks you to. For a WETH offer, this action is Approve WETH.
Complete Sign and publish. This wallet signature lists the offer without an on-chain transaction or gas fee.
Sign and publish lists your offer. Wrapping or approval may appear before this step.Test example; check the live app for current rates and terms.
Wait for Offer published, then select Go to portfolio to manage the offer.
Offer published confirms that borrowers can see your offer.Test example; check the live app for current rates and terms.

Offer Expiry

Set how long borrowers can fill the offer. You can choose Minutes or Days and set a period from 1 minute to 365 days. After expiry, borrowers can no longer use the signed offer.

Choose how long the offer stays available to borrowers.

Offer Funding

Creating an offer does not reserve the principal. Keep enough of the collection's loan currency, WETH or USDG, in your wallet until a borrower takes it.

For WETH offers, Liquidium.WTF checks your balance and existing WETH allowance. Follow the modal to wrap ETH into any missing WETH, approve spending if needed, and sign the offer. The number of wallet prompts can change with your balance and allowance.

The loan contract pulls the principal from your wallet when a borrower starts the loan.

Lender Return

Review APY alongside the interest amount and Total return. The protocol receives 30% of the interest after a borrower repays. You keep the remaining 70%. Account for gas costs when comparing returns.

The protocol does not charge an interest-based fee after default. The lender receives the right to claim the NFT collateral instead of principal and interest.

Lender Risk

The collection floor can fall after you create an offer or fund a loan.
If a floor-price move pushes an unused offer above your chosen maximum LTV, the protocol pauses the offer.
Loans have no price-based liquidation, so a falling floor does not close the position.
A default can leave you with an NFT worth less than the principal you provided.