Key Multiply Metrics

In the Multiply table, you'll see these fields for each vault:

• Net APY: The projected annualized return after accounting for both supply yield and borrow cost. Calculated as supplyAPY × multiplier - borrowAPY × (multiplier - 1). A higher multiplier amplifies both the yield and the cost, so Net APY can turn negative if borrowing costs exceed supply yield.
• Max Multiplier: The highest leverage the vault allows, derived from the deposit pool's Open LTV. A safety factor is applied to ensure the position stays below the protocol's collateralization limit.
• TVL: Total value locked across all positions in the vault.
• Active Strategies: The number of open multiplied positions in the vault.

When opening a position, you'll also see:

• Target Multiplier: Your selected leverage.
• Borrow Liquidity: The available borrowable amount in the borrow pool. Your position size is limited by this liquidity.