GOOGL

CoretGOOGLOracle fresh

Alphabet Inc. · GOOGL Stock Token

Reference price

$206.90

+0.61% · 24h

Supply APY

3.09%

Stock borrow APR

3.96%

Utilization

55.0%

Price

$206.90+6.16% · 30D

Market parameters

Total supplied$24.72M

Available liquidity$11.12M

Borrowed$13.60M

Supply cap$42.00M

Stock borrow cap$21.75M

USDG credit capacity$17.30M

Risk parameters

Collateral factor70%

Liquidation threshold78%

Liquidation bonus7.5%

Close factor50%

Reserve factor10%

Oracle heartbeat15m

Last oracle update17s ago

Liquidity composition

55.0% utilized

Borrowed by stock borrowers$13.60MAvailable$11.12M

Broad market-making inventory demand with a consistently well-supplied book.

Interest-rate curve

Kinked model

Stock borrow APRSupply APYGOOGL today

How this market works

Where the yield comes from

Professional desks post approved collateral and pay 3.96% to borrow GOOGL Stock Tokens. 85% of that interest is returned to the vault, which lifts the tGOOGL exchange rate.

Why the receipt token grows

tGOOGL is a claim on the vault, not a fixed quantity of stock. One tGOOGL currently claims 1.0134 GOOGL, 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.