What is Orchid Credit?
Orchid Credit is a native lending protocol on MegaETH that allows users to supply assets, borrow against collateral, and manage positions in real time with full risk visibility.
What makes Orchid Credit different?
Orchid Credit is built for instant execution:
Real-time position updates
Immediate rate adjustments
Continuous risk visibility
There are no delayed updates, hidden mechanics, or opaque rebalancing.
Is Orchid Credit suitable for beginners?
Yes. The protocol is designed to be simple and intuitive, with:
Clear metrics (Health Factor, rates, collateral)
Straightforward supply and borrow flows
An interface aimed at reducing common mistakes
Supply and Borrow
What does “Supply” mean?
Supplying assets means:
Earning yield from borrowers’ interest
Using supplied assets as collateral if desired
Can I borrow without collateral?
No. All borrowing on Orchid Credit is overcollateralized to protect protocol solvency.
Can I borrow the same asset I supplied?
This depends on the market configuration and asset-specific risk parameters.
Health Factor and Liquidations
What is the Health Factor?
The Health Factor measures the safety of your position by comparing risk-adjusted collateral value to outstanding debt.
Health Factor > 2: healthy position
Health Factor ≤ 1: liquidatable position
What happens during liquidation?
When a position becomes undercollateralized:
Part of the debt is repaid
A corresponding amount of collateral is seized
The position is restored to a safer state
How can I avoid liquidation?
You can:
Rates and Liquidity
How are interest rates determined?
Rates adjust dynamically based on:
They update continuously.
Can rates change quickly?
Yes. Rates respond immediately to liquidity and demand changes.
Security and Risks
Is Orchid Credit risk-free?
No. As with any DeFi protocol:
Liquidations are possible
Users remain responsible for managing risk
What if an oracle reports an incorrect price?
Orchid Credit uses:
Carefully selected oracles
Safeguards against abnormal prices
Technical Access
Which network does Orchid Credit run on?
Orchid Credit is natively deployed on MegaETH.
Do I need a bridge to use Orchid Credit?
Yes, if your assets are on another EVM network.
The DApp integrates bridge and swap solutions for easy access.
