Lend

Borrow against the principal.

Principal tokens are a stock claim with the dividend removed — the cleanest collateral on this chain. Markets run on Morpho with the Halve oracle wired into the pause.

pSGOV / USDCMorpho · Halve oracle
Robinhood
Max LTV90%
Borrow APR5.1%
Supplied$5.0M
Borrowed$2.9M
Oraclesynced
pJEPI / USDCMorpho · Halve oracle
Backed
Max LTV75%
Borrow APR6.8%
Supplied$3.7M
Borrowed$2.2M
Oraclesynced
pO / USDCMorpho · Halve oracle
Dinari
Max LTV70%
Borrow APR6.8%
Supplied$840K
Borrowed$490K
Oracleheld
Borrowing is available to everyone. Markets pause automatically while the oracle reports an unclassified corporate action, so no liquidation happens inside a dividend or split window.