Credit · Leveraged Yield · EXTRA
Extra Finance combines a lending market with leveraged LP farming, letting users lever up liquidity positions on Optimism and Base DEXes.
Lending + leveraged LP farming on the Superchain.
EXTRA price
$0.0038
-2.7% 24h
Latest data · 15 min delay
Curated asset listings joined to their typed risks, with oracles and parameters.
Extra Finance runs two distinct products with two completely different asset surfaces. The older one is **leveraged yield farming (LYF)**, where the "supported asset" is not a single token but an **AMM LP pool** on Velodrome (Optimism) or Aerodrome (Base): the user deposits one or both pool tokens, borrows the pool tokens from Extra's lending reserves, and the protocol mints an LP position that is auto-compounded. Risk is expressed per farming vault as a ** stated as a maximum Debt Ratio** plus a **maximum leverage multiple**, not as a per-token LTV, and every farming vault has its own numeric Vault ID (Extra Finance Pool Info). The second product is **XLend**, an Aave v3 fork on Base and Optimism with conventional per-reserve LTV, liquidation threshold, , , , and isolation-mode debt ceilings (XLend E-Mode docs, XLend Isolation Mode docs). What distinguishes Extra is the split oracle philosophy between the two: LYF prices positions off the AMM curve itself with a TWAP and a Chainlink deviation guard, while XLend uses Chainlink as primary (Extra Finance Price Feed, XLend Price Feed). The XLend docs "Parameters" page is published but empty, so all XLend numbers below were read directly from the on-chain Aave v3 `Pool.getConfiguration(address)` reserve configuration bitmap on Base pool `0x09b11746dfd1b5a8325e30943f8b3d5000922e03` and Optimism pool `0x345D2827f36621b02B783f7D5004B4a2fec00186` on 2026-07-26, the Optimism pool address being the one published by Extra (Extra Finance contracts). Total protocol TVL is roughly $27M, concentrated on Base (DefiLlama Extra Finance).
Share of curated asset listings by chain (count, not value).
| Asset | Role | Max LTV | Liq. threshold | Oracle | ||
|---|---|---|---|---|---|---|
USDC Base | both (XLend) | 80% | 85% | Chainlink primary, with Oracle Sentinel for sequencer downtime | MTCG | |
WETH Base | both (XLend) | 80% | 82.5% | Chainlink primary | MTCG | |
cbBTC Base | both (XLend) | 75% | 79% | Chainlink primary | MTCG | |
Base | both (XLend) | 75% | 79% | Chainlink primary | MTCG | |
cbETH Base | both (XLend) | 75% | 79% | Chainlink primary | MTCG | |
Base | both (XLend) | 72.5% | 75% | Chainlink primary | MTCG | |
LBTC Base | both (XLend) | 68% | 73% | Chainlink primary | MTCG | |
AERO Base | both (XLend) | 60.5% | 70% | Chainlink primary | MTCG |
Full narratives on the Risks tab.
Risk-linked assets with no row in this entity's asset table: Aerodrome, EXA, EXTRA, FAI listed in Feb 2025, LP pairs in newly listed or low-liquidity pools, Long-tail Base, Optimism, Optimism pair tokens such as VVV, USDT, VELO LP pairs on Aerodrome, Velodrome, Velodrome LP tokens for smaller pairs, WETH lending pools on Base, n.a. (protocol-wide on LYF), n.a. (protocol-wide), veEXTRA. These are real dependencies that sit outside the curated top 20, so render them as text in the risk drill down rather than as a clickable asset row.
| Asset | Role | Borrow cap | Supply cap | Oracle | ||
|---|---|---|---|---|---|---|
USDC Base | both (XLend) | 1,900,000 | 2,000,000 | Chainlink primary, with Oracle Sentinel for sequencer downtime | MTCG | |
WETH Base | both (XLend) | 200 WETH | 300 WETH | Chainlink primary | MTCG | |
cbBTC Base | both (XLend) | 5 cbBTC | 20 cbBTC | Chainlink primary | MTCG | |
Base | both (XLend) | 1 wstETH | 20 wstETH | Chainlink primary | MTCG | |
cbETH Base | both (XLend) | 1 cbETH | 10 cbETH | Chainlink primary | MTCG | |
Base | both (XLend) | 1 weETH | 100 weETH | Chainlink primary | MTCG | |
LBTC Base | both (XLend) | 1 LBTC | 3 LBTC | Chainlink primary | MTCG | |
AERO Base | both (XLend) | 1 AERO | 200,000 AERO | Chainlink primary | MTCG |
Full narratives on the Risks tab.
Risk-linked assets with no row in this entity's asset table: Aerodrome, EXA, EXTRA, FAI listed in Feb 2025, LP pairs in newly listed or low-liquidity pools, Long-tail Base, Optimism, Optimism pair tokens such as VVV, USDT, VELO LP pairs on Aerodrome, Velodrome, Velodrome LP tokens for smaller pairs, WETH lending pools on Base, n.a. (protocol-wide on LYF), n.a. (protocol-wide), veEXTRA. These are real dependencies that sit outside the curated top 20, so render them as text in the risk drill down rather than as a clickable asset row.
| Asset | Role | Max LTV | Liq. threshold | Oracle | ||
|---|---|---|---|---|---|---|
USDC-AERO LP (vault 28) Base | strategy asset (LYF) | — | 83.33 (max Debt Ratio) | AMM spot price, TWAP-30min for qualifying assets | MTCG | |
WETH-wstETH LP (vault 21) Base | strategy asset (LYF) | — | 90.00 (max Debt Ratio) | AMM spot price with TWAP-30min | MTCG | |
WETH-USDC LP (vault 25) Base | strategy asset (LYF) | — | 83.33 (max Debt Ratio) | AMM spot price with TWAP-30min | MTCG | |
wstETH-WETH LP (vault 93) Optimism | strategy asset (LYF) | — | 90.00 (max Debt Ratio) | AMM spot price with TWAP-30min plus Chainlink deviation check | MTCG |
Full narratives on the Risks tab.
Risk-linked assets with no row in this entity's asset table: Aerodrome, EXA, EXTRA, FAI listed in Feb 2025, LP pairs in newly listed or low-liquidity pools, Long-tail Base, Optimism, Optimism pair tokens such as VVV, USDT, VELO LP pairs on Aerodrome, Velodrome, Velodrome LP tokens for smaller pairs, WETH lending pools on Base, n.a. (protocol-wide on LYF), n.a. (protocol-wide), veEXTRA. These are real dependencies that sit outside the curated top 20, so render them as text in the risk drill down rather than as a clickable asset row.
Chainlink
Push-based aggregator price feeds, described as "the primary Oracle used in XLend"
Chainlink Oracle Sentinel
Sequencer uptime feed, blocks liquidations during L2 sequencer downtime
Protocol-internal AMM pricing
Spot price computed directly from the Velodrome or Aerodrome AMM curve
Protocol-internal TWAP
30-minute time weighted average price
Chainlink deviation guard
Cross-check between TWAP, on-chain AMM price and Chainlink; liquidation reverts if the spread is abnormal
Liq. bonus 5%Supply cap 2,000,000Borrow cap 1,900,000E-Mode category id 3 in reserve config
Liq. bonus 5%Supply cap 300 WETHBorrow cap 200 WETHE-Mode category id 3
Liq. bonus 7.2%Supply cap 20 cbBTCBorrow cap 5 cbBTCE-Mode category id 3
Liq. bonus 7.2%Supply cap 20 wstETHBorrow cap 1 wstETHE-Mode category id 3, ETH correlated category in docs
Liq. bonus 7.2%Supply cap 10 cbETHBorrow cap 1 cbETHE-Mode category id 3
Liq. bonus 7.5%Supply cap 100 weETHBorrow cap 1 weETHnone
Liq. bonus 8.5%Supply cap 3 LBTCBorrow cap 1 LBTCnone
Liq. bonus 8.5%Supply cap 200,000 AEROBorrow cap 1 AEROIsolation mode, debt ceiling 25,600,000
Liq. bonus 8.5%Supply cap 20,000 VIRTUALBorrow cap 500 VIRTUALIsolation mode, debt ceiling 25,600,000
Liq. bonus 7.5%Supply cap 500,000Borrow cap 300,000none
Liq. bonus 7.5%Supply cap 200,000none
Liq. bonus 7.5%Supply cap 300,000Borrow cap 200,000none
Liq. bonus 8.5%Supply cap 200,000none
Liq. bonus 5%Supply cap 500,000Borrow cap 400,000E-Mode category id 3, Stablecoin category in docs
Liq. bonus 5%Supply cap 100 WETHBorrow cap 80 WETHE-Mode category id 3
Liq. bonus 7.2%Supply cap 80 wstETHBorrow cap 1 wstETHE-Mode category id 3, ETH category
Liq. bonus 10%Supply cap 300,000 OPBorrow cap 1,000 OPE-Mode category id 3
Liq. bonus see note
Liq. bonus see note
Liq. bonus see note
Liq. bonus see note
Reserve config flag `frozen` is true on both markets, LTV 0.0 and liquidation threshold 0.01, supply and borrow caps set to 1
`frozen` true, effectively delisted after listing
`frozen` true despite a nominal 75.0 LTV and 78.0 threshold, caps set to 1
`frozen` true, `borrowingEnabled` false
Pendle PT listings with zero LTV and caps of 1 unit, so not usable as live collateral
Non-zero isolation debt ceiling of 25,600,000, so they cannot be combined with other collateral
Maximum Debt Ratio reduced from 90.00% to 86.00%, shown with strikethrough and dated Nov 22, 2023
Borrow caps of 1 unit, so listed but supply-side only
These vaults remain listed in Pool Info but do not appear in the DefiLlama leverage-farming pool set, whose largest entries are USDC-AERO $8.94M, USDC $3.50M and AERO $2.90M
Curated list ranked by size and strategic importance; not the exhaustive on-chain asset universe. Data as of 2026-07-26.
