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TSLA

ElevatedtTSLAOracle fresh

Tesla, Inc. · TSLA Stock Token

Reference price

$412.60

+2.86% · 24h

Supply APY

8.41%

Stock borrow APR

10.72%

Utilization

83.0%

Price

$412.60+11.62% · 30D

Market parameters

Total supplied$16.53M
Available liquidity$2.81M
Borrowed$13.72M
Supply cap$24.00M
Stock borrow cap$14.55M
USDG credit capacity$9.09M

Risk parameters

Collateral factor55%
Liquidation threshold65%
Liquidation bonus7.5%
Close factor50%
Reserve factor10%
Oracle heartbeat15m
Last oracle update26s ago

Liquidity composition

83.0% utilized
Borrowed by stock borrowers$13.72MAvailable$2.81M

High realised volatility keeps short-side and hedging inventory demand elevated relative to supply.

Interest-rate curve

Kinked model
Optimal 80%0.0%12.9%25.7%38.6%51.5%0%50%100%
Stock borrow APRSupply APYTSLA today

How 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 activity
TSLA
$4,126.00
You receive9.4447 tTSLA
Estimated annual stock yield0.841 TSLA
Supply APY8.41%
Collateral value$4,126.00
Available credit2,269.30 USDG

Risk 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