SURF Price, Liquidity & Market Data

How it works

Users supply assets into isolated lending pools and receive interest-bearing fTokens representing their deposits and accrued interest. Borrowers post collateral and borrow supported assets within the risk parameters of each isolated market, with interest rates adjusting dynamically based on utilization. Loans are perpetual, with no fixed repayment schedule, and a liquidation engine protects protocol solvency when a position's health factor declines. Protocol fees generated by lending activity are distributed between liquidity providers and SURF stakers, so Surf operates as an integrated decentralized lending ecosystem rather than a simple borrowing application.

What it solves

Holders of ADA and Cardano native tokens often have to sell their assets to access liquidity, and pooled lending protocols expose every market to the risk profile of every listed asset. Surf lets users unlock liquidity against their holdings without selling them while isolating risk inside each individual lending market, so a problem in one market does not propagate across the whole protocol.

Who it is for

Liquidity providers earning yield on supplied assets; borrowers using ADA, stablecoins, or Cardano native tokens as collateral; traders seeking one-click leveraged exposure to supported assets; SURF holders staking for protocol revenue; and governance participants voting on protocol parameters and future markets.

Key features

• Isolated lending markets that contain risk to individual pools.
• Perpetual loans with no fixed repayment schedule.
• Interest-bearing fTokens representing supplied deposits.
• One-click leverage for supported Cardano assets.
• Dynamic, utilization-based interest rates.
• SURF staking with ADA rewards funded by protocol revenue.
• Liquid staking and Cardano native token integrations.
• Non-custodial lending across the Cardano ecosystem.