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NVDA

CoretNVDAOracle fresh

NVIDIA Corporation · NVDA Stock Token

Reference price

$180.00

+1.42% · 24h

Supply APY

5.82%

Stock borrow APR

7.14%

Utilization

72.0%

Price

$180.00+1.45% · 30D

Market parameters

Total supplied$22.96M
Available liquidity$6.43M
Borrowed$16.53M
Supply cap$40.00M
Stock borrow cap$20.20M
USDG credit capacity$14.92M

Risk parameters

Collateral factor65%
Liquidation threshold74%
Liquidation bonus7.5%
Close factor50%
Reserve factor10%
Oracle heartbeat15m
Last oracle update22s ago

Liquidity composition

72.0% utilized
Borrowed by stock borrowers$16.53MAvailable$6.43M

Persistent borrow demand from delta-hedged options desks and index arbitrage against the underlying listing.

Interest-rate curve

Kinked model
Optimal 80%0.0%24.1%48.1%72.2%96.2%0%50%100%
Stock borrow APRSupply APYNVDA today

How this market works

Where the yield comes from

Professional desks post approved collateral and pay 7.14% to borrow NVDA Stock Tokens. 85% of that interest is returned to the vault, which lifts the tNVDA exchange rate.

Why the receipt token grows

tNVDA is a claim on the vault, not a fixed quantity of stock. One tNVDA currently claims 1.0261 NVDA, and that ratio only moves upward as borrow interest accrues.

How credit is sized

Collateral value × 65% is the maximum USDG this position can support. Liquidation begins once debt exceeds 74% 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
NVDA
$1,800.00
You receive9.7456 tNVDA
Estimated annual stock yield0.582 NVDA
Supply APY5.82%
Collateral value$1,800.00
Available credit1,170.00 USDG

Risk on this market

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

Risk framework