Borrow Against Any Uniswap
V3/V4 Liquidity Position
Keep earning swap fees + lending yield + UNI rewards while borrowing against your custom range Liquidity Positions

Passive Lenders
- Earn LP Yields Without the Risk
- Get exposure to Uniswap LP returns without managing positions yourself.
- Lend ERC20 tokens to borrowers who use their LP positions as collateral, earning interest that reflects a portion of the underlying LP yield while avoiding impermanent loss and active management complexity.

Borrowers
- Borrow tokens as usual
- Deposit your ERC20 tokens as collateral to borrow stable coins or other assets.
- Built on Euler V2's battle-tested lending infrastructure, you get access to efficient liquidation mechanisms and competitive rates.

Active LPs
- Amplify Your LP Strategy
- Turn your conviction into capital efficiency. Borrow against your existing LP positions to double down on successful strategies, or borrow one token to pair with another for liquidity provision.
- Keep earning all your swap fees, lending yield, and UNI rewards while accessing additional capital to strengthen your positions.


Keep earning UNI directly in your wallet
Through our partnership with Merkl, all UNI rewards distributed by the Uniswap Foundation for your collateralized Liquidity Positions flow directly to your wallet. You can claim these rewards the same way as before, directly on the Merkl website.