TL;DR
- OISY Wallet users can now access Liquidium borrowing markets directly from inside their wallet.
- Users can supply supported collateral, borrow stablecoins, receive borrowed funds at their OISY address, and monitor the position through the same interface.
- ICP borrowing and lending are not live in OISY at launch, but support is planned soon. Users should review the live Liquidium markets to confirm which assets are currently available.
How to Get a Loan in Your OISY Wallet With Liquidium
OISY Wallet now gives users a direct way to access Liquidium’s borrowing markets from inside the wallet.
That means an OISY user can supply supported collateral, borrow stablecoins, receive the borrowed funds at their OISY address, and monitor the position through the same interface.
Liquidium provides the lending markets behind the experience. OISY provides the wallet, asset management, and integrated path into the borrowing flow.
In this guide, we will show how to get a loan in OISY Wallet using Liquidium, from choosing a market to managing an active position.
What Can You Borrow Against in OISY Wallet?
Through the Liquidium OISY integration, users can access supported Liquidium markets directly through OISY.
Available collateral includes:
- ICP
- Native BTC
- Native ETH
- USDC on Ethereum
- USDT on Ethereum
- Supported ckAssets (ckUSDT/USDC/ETH/BTC)
The assets and rates available may change as new markets are added or liquidity changes. The live OISY borrowing interface will show the current options.
For ICP holders, this creates a straightforward way to use ICP as collateral on Liquidium without first selling the position.
1. Open Borrow in OISY Wallet
Start from the main OISY Wallet screen.
Select Borrow from the Finance section in the left-hand menu. This opens the integrated borrowing experience powered by Liquidium.
2. Choose a Liquidium market
The Markets screen shows the assets currently available for supplying or borrowing.
Each market displays the live supply or borrowing rate and the actions supported for that asset.
(At publication, ICP and supported ckAssets should appear alongside the other live markets. The screenshot was taken before those markets were fully enabled, so the live interface may look slightly different.)
Choose Supply beside the asset you want to use as collateral.
3. Supply the collateral
Enter the amount of the asset you want to supply.
The supply screen shows:
- The selected asset and network
- The amount being supplied
- The estimated network fee
- Any applicable transaction fee
- The current supply APY
Assets supplied to Liquidium also act as collateral that can support a loan.
Before continuing, OISY asks the user to acknowledge that the assets are being supplied to the Liquidium protocol and are subject to on-chain smart contract risk.
4. Choose how much to borrow
After collateral has been supplied, select the asset and amount you want to borrow.
The borrow screen shows the current collateral value and the position’s borrowing power. It also displays the maximum amount available for the selected asset.
In the example, the user is borrowing ICP. Liquidium also shows the current borrowing rate, resulting LTV, and projected health factor as the amount changes.
The health factor graphic provides a quick visual indication of how close the proposed loan is to liquidation.
5. Confirm the loan
The final screen summarizes the proposed loan before it is opened.
The confirmation includes:
- The amount and asset being borrowed
- The current borrowing rate
- The resulting LTV
- The projected health factor
- The destination address
- Liquidium as the lending provider
The example confirms that the borrowed funds will be delivered to the user’s OISY address.
If the position is close to liquidation, the interface displays a clear warning before the user can proceed. Users can return to the previous screen and reduce the borrow amount if the proposed position is too aggressive.
6. Manage the position in OISY
Once the loan is active, the Liquidium dashboard shows the position inside OISY.
Users can see:
- Total supplied collateral
- Active loan value
- Net position value
- Supply yield
- Borrowing cost
- Current health factor
This gives the borrower one place to monitor both the supplied collateral and the outstanding debt.
How the Liquidium Loan Works Inside OISY
The OISY integration brings the Advanced Loan flow of the Liquidium experience into the wallet.
Supplying collateral
A loan starts with an asset being supplied to Liquidium.
That asset remains part of the Liquidium position and provides the collateral backing the loan. The amount that can be borrowed depends on the value of that collateral and the rules of the selected market.
Borrowing power
Borrowing power shows the maximum value that the supplied collateral can currently support.
It should not be treated as a target. Borrowing the maximum amount leaves less room for the collateral price to move before the position approaches liquidation.
Loan-to-value ratio
LTV compares the value of the debt with the value of the supplied collateral.
If the collateral loses value, the LTV rises. If it rises far enough, the position may become eligible for liquidation.
Health factor
The health factor gives a simpler view of the position’s current condition.
A stronger health factor means the loan has more room before reaching liquidation. As more is borrowed, or as the collateral loses value, the health factor falls.
OISY and Liquidium show this information visually before the loan is confirmed and while it remains active.
Borrowing cost
The borrow APY shows the current annualized cost of the loan.
Rates can change over time. The dashboard estimates the ongoing cost so the borrower can see how the debt affects the position’s net value.
Why Use ICP as Collateral?
Using ICP or a supported ckAsset as collateral allows a holder to access another asset without immediately selling the original position.
For example, an ICP holder may want stablecoin liquidity while continuing to hold ICP. Through Liquidium, the ICP can support the loan while the borrowed asset is delivered to the connected OISY address.
The same general model applies to other supported collateral markets.
This can be useful when the borrower has a clear reason for accessing liquidity and a plan for repaying the loan. It does not remove the risks created by debt or changing collateral prices.
More Than an OISY Wallet Loan
The integration is not limited to opening loans.
OISY users can also:
- Supply supported assets through Liquidium
- Earn the available supply yield
- Use supplied assets as collateral
- Monitor active debt
- Track net position value
- Watch the health factor over time
This makes Liquidium part of the broader finance experience inside OISY rather than a separate destination users need to manage independently.
How Chain Fusion Supports the Integration
Liquidium uses ICP Chain Fusion as part of its native cross-chain lending infrastructure.
Chain Fusion allows ICP canisters to interact with supported external blockchains using decentralized signing technology. This helps Liquidium coordinate lending activity involving assets across different networks without relying entirely on a traditional centralized bridge.
That infrastructure sits behind the user experience shown in OISY. A user can supply collateral, borrow an asset on a supported network, and receive it at the relevant OISY address through one connected flow.
You can read more about Chain Fusion and cross-chain DeFi in Liquidium’s full technical overview.
What to Know Before Opening a Loan
A collateral-backed loan creates debt.
While the position is active:
- The collateral remains exposed to market price changes
- The borrowing rate may change
- The LTV may increase
- The health factor may decrease
- The position can be liquidated if the collateral no longer supports the debt
- Borrowing costs continue until the loan is repaid
The amount shown as borrowing power is the maximum supported by the current position, not necessarily an amount that should be borrowed.
The interface will warn users when a proposed loan moves the position close to liquidation. Reducing the borrow amount or adding more collateral can improve the health factor.
Get Started With Liquidium in OISY
The complete borrowing flow is:
OISY Wallet → Borrow → Select a market → Supply collateral → Enter the borrow amount → Confirm the loan
Once the position is active, the Liquidium dashboard inside OISY shows the supplied collateral, active debt, net value, and health factor.
Open OISY Wallet and select Borrow, or visit the Liquidium app to explore the current markets.
For a broader introduction to the protocol, read the complete guide to using Liquidium.
FAQs
How do I get a loan in OISY Wallet?
Open OISY Wallet, select Borrow, choose a Liquidium market, supply a supported collateral asset, enter the amount you want to borrow, and confirm the loan.
Does OISY provide the loan?
OISY provides the wallet and integrated interface. Liquidium is the lending provider behind the collateral and borrowing markets.
Can I use ICP as collateral?
Yes. ICP is supported as collateral through Liquidium.
Can I use ckAssets as collateral?
Supported ckAssets are available through the live Liquidium markets in OISY. Check the Markets screen for the current list of assets that can be supplied or used as collateral.
What assets can I borrow?
Available borrowing assets depend on the active Liquidium markets and liquidity. The screenshots show USDT as one example.
Where are borrowed funds delivered?
The confirmation screen shows the destination before the loan is opened. In the example, the funds are delivered directly to the user’s OISY address.
Can I supply assets without borrowing?
Yes. The Liquidium integration supports supplying assets as well as borrowing. Supplied assets may earn the available market yield and can also act as collateral.
What is the health factor?
The health factor shows how close a loan is to liquidation. A lower health factor means the position has less room to absorb a decline in collateral value.
Are borrowing rates fixed?
Not necessarily. Rates depend on the market and can change. The current rate is shown before the loan is confirmed and in the active position dashboard.
Is borrowing through OISY risk-free?
No. The position is subject to borrowing costs, collateral price changes, liquidation risk, and on-chain smart contract risk.
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