Borrowing
Last updated
Last updated
Before borrowing, you need to make sure you have deposited assets as collateral. The maximum amount you can borrow depends on the value of deposits, the type of asset that you want to borrow and the available liquidity.
After depositing your assets as collateral, you can head over to the main page and select the assets you want to borrow
Click on “Borrow” at the bottom of the panel, and input the amount that you would like to borrow using number input, half/max or the slider
Click on ”Confirm” and approve the transaction on the pop-up wallet
Users are not allowed to deposit and borrow the same assets in Aries Markets, which means you need to withdraw all the deposits before borrowing the same asset.
Check FQA to learn why we make this design choice.