TSLA
ElevatedtTSLAOracle freshTesla, Inc. · TSLA Stock Token
Reference price
$412.60
+2.86% · 24h
Supply APY
8.41%
Stock borrow APR
10.72%
Utilization
83.0%
Price
Market parameters
Risk parameters
Liquidity composition
83.0% utilizedHigh realised volatility keeps short-side and hedging inventory demand elevated relative to supply.
Interest-rate curve
Kinked modelHow this market works
Where the yield comes from
Professional desks post approved collateral and pay 10.72% to borrow TSLA Stock Tokens. 85% of that interest is returned to the vault, which lifts the tTSLA exchange rate.
Why the receipt token grows
tTSLA is a claim on the vault, not a fixed quantity of stock. One tTSLA currently claims 1.0588 TSLA, and that ratio only moves upward as borrow interest accrues.
How credit is sized
Collateral value × 55% is the maximum USDG this position can support. Liquidation begins once debt exceeds 65% 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 activityRisk on this market
TSLA carries higher realised volatility, which is why its collateral factor is 55% and its liquidation threshold is 65%. Borrow conservatively.
Risk framework