Fluid is live on the Sphere Dashboard! 🔮

You can now compare Fluid protocol data with other major lending protocols when deciding to supply and/or borrow in DeFi.

→ https://sphere.blockanalitica.com

This post provides an overview of Sphere’s latest integration and new dashboard features.

Fluid Protocol on Sphere

The team at Instadapp has built an innovative protocol combining lending with DEX liquidity provisioning, enabling borrowing cost reductions thanks to trading fees (as well as supply rates boost).

With Fluid now available on Sphere, users can make more informed decisions:

• Compare stablecoin supply and borrow rates across top lending protocols

• View net APYs with native collateral token yield (w/o incentives)

• Check liquidation prices for all pools

• Estimate potential unwinding costs

• Simulate supply/borrow rates based on different borrow/deposit sizes

Pool Insights

Sphere also provides details into specific lending pools, including:

• Interest rate model used

• Collateral exposures

• LTVs and LTs

• Max leverage

Coming Soon: Fluid Liquidations

We will soon integrate Fluid to the Liquidations page on the Sphere Dashboard.

Notably, Fluid introduces a novel slot-based liquidation mechanism, allowing for multiple positions to be liquidated in a single transaction, liquidating necessary minimums to restore the account to a healthy state.

We appreciate any feedback to improve the Sphere Dashboard. If you have any ideas, feel free to get in touch with us using the information below:

• X: @BlockAnalitica

• Email: info@blockanalitica.com