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AAPL

CoretAAPLOracle fresh

Apple Inc. · AAPL Stock Token

Reference price

$232.40

−0.38% · 24h

Supply APY

3.24%

Stock borrow APR

4.11%

Utilization

58.0%

Price

$232.40+8.46% · 30D

Market parameters

Total supplied$31.48M
Available liquidity$13.22M
Borrowed$18.26M
Supply cap$55.00M
Stock borrow cap$27.70M
USDG credit capacity$22.04M

Risk parameters

Collateral factor70%
Liquidation threshold78%
Liquidation bonus7.5%
Close factor50%
Reserve factor10%
Oracle heartbeat15m
Last oracle update18s ago

Liquidity composition

58.0% utilized
Borrowed by stock borrowers$18.26MAvailable$13.22M

Deep, stable inventory demand from market makers quoting two-sided liquidity across venues.

Interest-rate curve

Kinked model
Optimal 80%0.0%16.8%33.6%50.4%67.3%0%50%100%
Stock borrow APRSupply APYAAPL today

How this market works

Where the yield comes from

Professional desks post approved collateral and pay 4.11% to borrow AAPL Stock Tokens. 85% of that interest is returned to the vault, which lifts the tAAPL exchange rate.

Why the receipt token grows

tAAPL is a claim on the vault, not a fixed quantity of stock. One tAAPL currently claims 1.0147 AAPL, and that ratio only moves upward as borrow interest accrues.

How credit is sized

Collateral value × 70% is the maximum USDG this position can support. Liquidation begins once debt exceeds 78% of collateral value.

What isolation means

This market has its own caps, oracle and parameters. A liquidity failure or price shock here does not automatically propagate to the other 7 Turnstone markets.

Recent market activity

All activity
AAPL
$2,324.00
You receive9.8551 tAAPL
Estimated annual stock yield0.324 AAPL
Supply APY3.24%
Collateral value$2,324.00
Available credit1,626.80 USDG

Risk on this market

Yield does not remove price risk. If AAPL falls far enough, positions borrowed against it can be liquidated regardless of accrued yield.

Risk framework