Interest Rates

Interest rates on Granite are variable and set dynamically based on an interest rate curve and the utilization rate of the market. Interest accrues continuously but is only charged upon position repayment.

There are no origination fees or hidden fees on Granite. All fees and rates are transparently displayed in the interface.

The rate received by LPs is the borrowers’ interest rate minus the Protocol Reserve rate. LP yield is split between staked and unstaked LPs depending on the staking rate in the Safety Module.

The current interest rate curve is displayed in the Markets section.