Borrowing Guide
Borrowing on Purinta is the core user flow. You supply meme tokens as collateral and borrow stablecoins against them - keeping your full exposure to the meme token while unlocking liquidity. Each market is isolated, so positions in different markets are completely independent.
Step by Step
1. Connect your wallet
Visit the Purinta app and connect your EVM wallet.
2. Select a market
On the Home page, you'll see the available markets. Click Borrow on the token you want to use as collateral (e.g. PEPE). Purinta prompts you to switch to that market's network at the right moment.
3. Supply collateral
Use the Supply slider to specify the amount of meme tokens to supply, up to your wallet balance. Quick-select buttons (25%, 50%, 75%, 100%) are available for convenience. The more collateral you supply, the more you can borrow.
4. Choose your borrow amount
Use the Borrow slider to set how much you'd like to borrow. Quick-select buttons (25%, 50%, 75%, 95%) let you pick a percentage of your maximum borrow.
As you adjust the supply and borrow amounts, the summary panel updates in real time - showing your liquidation price, the liquidation percentage drop from the current price, and a mascot character that reacts to your position health.
Purinta caps borrowing at 95% of the theoretical maximum to give you a safety buffer regardless of your borrow percentage. Refer to Built-in Safety Buffer for details.
Your borrow amount is also limited by the stablecoins currently available in the market. If a market is fully utilized, the app caps your borrow at the amount available, so you can never try to borrow more than the market can supply.
5. Confirm the transaction
Review the summary panel and click Borrow Now. Purinta bundles all necessary operations (approvals, collateral supply, borrow) into a streamlined flow. Depending on your wallet:
- Wallets supporting batch transactions - everything is submitted as a single atomic EIP-7702 transaction.
- Other wallets - operations are submitted as individual transactions in sequence.
6. Stablecoins arrive in your wallet
Once confirmed on-chain, the borrowed stablecoins appear in your wallet and your collateral is supplied to the Morpho market. You can always borrow more or withdraw any excess collateral as long as your position remains healthy (meaning your borrowed amount stays below your maximum borrow capacity).
What happens next?
- Manage your position by repaying, withdrawing, or simply borrowing more.
- Quick Repay your loan with one click.
- Modify your position to adjust collateral, borrow more, or partially repay.