Lend into the leverage
Borrowers in Ponspods are not degens taking a directional bet — they are LPs who need the second side of a pair. Supplying USDG funds that leverage and earns the interest they pay.
Total supplied
$94.0M
Total borrowed
$79.9M
Average utilization
85%
across all markets
Best supply APY
18.9%
pMEME isolated market
Metavaults
One deposit, allocated across whitelisted pods by vlPODS governance.
USDG Prime Metavault
Denominated in USDG · Robinhood Chain
Supply APY
9.2%
Supplied
$42.8M
Borrowed
$38.1M
Borrow APR
10.4%
Utilization
89%
Allocation
Memestock High-Beta Metavault
Denominated in USDG · Robinhood Chain
Supply APY
17.8%
Supplied
$9.64M
Borrowed
$9.31M
Borrow APR
19.6%
Utilization
97%
Allocation
Treasury Conservative Metavault
Denominated in USDG · Robinhood Chain
Supply APY
6.1%
Supplied
$21.2M
Borrowed
$13.8M
Borrow APR
8.2%
Utilization
65%
Allocation
Isolated pod markets
Direct exposure to one pod. Higher rate, no diversification, no curator.
| Market | Supply APY | Borrow APR | Supplied | Borrowed | Utilization | |
|---|---|---|---|---|---|---|
pGME USDG market | 12.8% | 14.1% | $3.94M | $3.70M | 94% | Supply |
pNVDA USDG market | 7.1% | 8.4% | $8.12M | $7.14M | 88% | Supply |
pSPACEX USDG market | 14.4% | 16.0% | $2.18M | $2.11M | 97% | Supply |
pMEME USDG market | 18.9% | 20.4% | $1.62M | $1.60M | 99% | Supply |
pPONS PONS market | 9.6% | 11.1% | $4.46M | $4.14M | 93% | Supply |
Why utilization sits near 100% here
A pod bootstraps its own market with self-lending: the first borrower flash-borrows the paired asset, supplies it, borrows it back against the LP, and closes the loop in one transaction. That prints 100% utilization as a signal — Proof of Demand — telling lenders that borrow demand exists here before any outside capital arrives. Rates stay high until supply catches up.
Supply
Lenders take no directional exposure. They earn the interest borrowers pay to farm.