Abyss

Black Market Lending overview

Black Market Lending is an isolated lending protocol on Robinhood Chain mainnet (chain ID 4663). People can supply supported assets, use eligible supplied assets as collateral, borrow available assets, repay debt, withdraw when their position permits, and liquidate unhealthy accounts.

What isolation means

Each lending market has its own asset eligibility, caps, collateral rules, price inputs, interest-rate strategy, and liquidation terms. Risk in one market is therefore constrained rather than automatically giving an asset borrowing power across the protocol.

An asset's name, Black Market Launcher origin, or availability on Abyss DEX does not make it an approved lending asset or eligible collateral. Market support and risk settings are separate decisions.

Who uses Black Market Lending

ParticipantWhat they can doMain outcome to understand
SupplierDeposit a supported asset into a marketSupply may earn variable interest, but withdrawals depend on available market liquidity.
BorrowerEnable eligible supply as collateral and borrow an available assetDebt accrues interest and the position must remain above its liquidation condition.
LiquidatorRepay eligible debt for an unhealthy accountThe liquidator can receive collateral plus the market's liquidation bonus, but execution and collateral value are not guaranteed.

Core concepts

ConceptMeaning
SupplyAn asset deposited into a lending market; suppliers may earn variable interest based on utilization.
CollateralEligible supplied assets that are enabled to support borrowing.
BorrowDebt drawn against approved collateral and available market liquidity.
Health factorA comparison of risk-adjusted collateral value with total debt value; it determines whether a position can be liquidated.
LiquidationPermissionless repayment of eligible debt in exchange for collateral and a configured bonus.
IsolationLimits on how an asset can be supplied, used as collateral, or combined with debt.

Public endpoints

Black Market Lending's public endpoints are on Robinhood Chain mainnet (chain ID 4663). See Lending contracts for the current public addresses.

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Risk boundary

A lending position is not guaranteed capital preservation or a guaranteed line of credit. Suppliers may be unable to withdraw while their asset is borrowed, borrowers can be liquidated without individualized notice, and liquidators can receive collateral worth less than the debt they repaid. Prices, liquidity, interest rates, token behavior, smart contracts, and authorized protocol changes can all affect outcomes.

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