Product · Lending
A loan is a liquidation price too
Analysts publish the exact price at which large Aave positions would be liquidated. Mutexa splits one loan across unlinkable accounts, each at a different loan-to-value, so there is no single price to watch.
Lending is just as exposed
Leverage sits at known, clustered levels
58,000 ETH, liquidation at $1,555
An analyst publicly flagged the ETH price that would liquidate a 58,000 ETH leveraged Aave position.
Read source$27M of Aave positions in one go
An incorrect wstETH price liquidated about $27M of Aave positions at once, a reminder of how much leveraged capital sits at known levels.
Read sourceLTV ladder
Different loan-to-value, different breaking points
Each slice borrows at its own loan-to-value, so each slice reaches its liquidation threshold at a different price. When price falls toward the nearest one, the risk engine repays that slice through the rail. It never moves funds directly between slices, because a direct transfer would link them on-chain.
- 1
Price nears the closest threshold
The risk engine on your device sees the slice with the highest loan-to-value approach liquidation.
- 2
It repays through the rail
Repayment or extra collateral is funded through the privacy rail, never from another slice.
- 3
The other slices stay untouched
No transfer connects the slices, so the loan still looks like ordinary, unrelated borrowers.
Tracker view
One loan, or ordinary borrowers
What an analyst sees: one large borrower with one liquidation price, or several ordinary loans at different loan-to-value that nobody can connect.
| Wallet | Size | Lev | Liq |
|---|---|---|---|
| 0xd0…4a1Whale alert | $3.08M | LTV 58% | $1,610 |
Lending toolkit
Borrow without broadcasting your threshold
Loan splitter
Take one loan as several slices, each held by a fresh account funded through a privacy rail.
Loan-to-value ladder
Every slice carries different loan-to-value, so the loan's liquidation risk becomes a band.
Link-safe rebalancing
Add collateral or repay through the rail. Never directly between slices.
Alert-safe sizing
Each slice stays below the sizes analysts and alert bots flag.
Liquidation band alerts
Get warned on your device as price approaches the top of your band.
One book
Health and liquidation band for every loan and perp, computed on your device.
Where it runs
Lending markets
- 01AaveThe lending market where analysts most often publish liquidation prices.
- 02MorphoPublic positions, the same exposure.
- 03KaminoLending on Solana.
Candidate markets from the whitepaper. Lending follows perps on the roadmap; launch venues are announced at launch.
Ready to go unseen?
Get early access to the first venue, and read exactly what it hides and what it can't.
Non-custodial · Keys never leave your device · Independent audit before launch