Risk stays where it's priced
One collateral, one loan asset, one oracle, one liquidation threshold per market. A failure in one can't reach another.
Live on Ethereum, Base, Plume, Flare and Citrea
Where real-world assets
become working capital.
Mystic is the lending app for emerging ecosystems. Supply, borrow and multiply against tokenized treasuries, credit and staked assets on isolated Morpho markets.
$86.2MTotal deposits
$26.9MTotal borrowed
$6.2MAvailable liquidity
5Networks live
Live from the protocol
The app
One app. Four ways to
put assets to work.
Earn on stablecoins, allocated by professionals.
Deposit into a curated vault. Independent risk curators spread it across isolated markets, set caps on each one and rebalance as rates move.
- Withdraw any time liquidity allows
- Every allocation visible onchain
- No lockups, no custody
USDC PrimeCurated vault · Plume
Example
Net APY7.42%
Total supplied$12.4M
Utilisation81%
- T-BILL / USDC38%6.9%
- Private credit / USDC26%9.1%
- stPLUME / USDC21%7.8%
- Gold / USDC15%5.6%
Deposit10,000.00 USDC
≈ $742 / year
Borrow against what you hold, without selling it.
Post tokenized treasuries, credit, LSTs or digital assets as collateral and draw stablecoins. Each market has one collateral, one oracle and one liquidation threshold.
- Rates set by utilisation, not by a desk
- Liquidation price shown before you sign
- Repay in part or in full, any time
T-BILL / USDCIsolated market · Plume
Example
Collateral25,000.00 T-BILL$25,031
Borrow18,000.00 USDC3.90% APY
Loan-to-value71.9%
SafeLiquidation at 91.5%
Health factor1.27
Liquidation price$0.787
Leverage you can read before you sign.
Multiply loops supply and borrow into a single transaction using a flash loan. Exposure, net yield, health and distance to liquidation are all on screen, and move with the position.
- One transaction to open, one to unwind
- No manual looping
- Live on all five networks
T-BILL / USDCMultiply · $10,000 collateral
Example
Leverage
1×8×
Exposure$30,000
Debt$20,000
Net yield7.50%
Loan-to-value66.7%
Health factor1.37
Liquidates if collateral falls 27.1% against debt
Supply 5.10% · borrow 3.90% · LLTV 91.5%
Get into position without leaving the app.
A built-in router finds the best path across the chain's liquidity, so entering a vault, topping up collateral or unwinding is one flow, not four tabs.
- Split routing across pools
- Price impact shown up front
- Settles straight into your position
SwapRouter · Flare
Example
You pay5,000.00 USDC$5,000
You receive4,993.51 T-BILL$4,998
USDC
T-BILL
70% · Pool A
30% · Pool B
Price impact0.04%
Network fee< $0.02
The protocol
One deposit, refracted
across isolated markets.
Tokenized assets fragment: the same treasury exposure can live in five different tokens. A Mystic vault spreads one pool of liquidity across many markets, while each market keeps its risk to itself.
- T-BILL / USDCTokenized treasuriesLLTV 91.5%
- Private credit / USDCSenior secured loansLLTV 77%
- stPLUME / USDCLiquid stakingLLTV 86%
- Gold / USDCTokenized commodityLLTV 86%
Independent curation
Professional risk managers set caps and allocations on each network. Mystic is the interface. It never takes custody of your assets.
An audited, immutable core
Markets run on Morpho's minimal lending primitive: immutable contracts reviewed by many of the industry's leading security firms.
Networks
From Ethereum to the
chains the majors skip.
On Ethereum and Base, Mystic brings vaults and markets from across DeFi into one app. On emerging networks it is the lending market: a full Morpho deployment with a production app on top.
Ethereum
Vaults and markets across DeFi
- Earn
- Borrow
- Multiply
- Swap
Base
Vaults and markets across DeFi
- Earn
- Borrow
- Multiply
- Swap
Plume
Real-world asset finance
- Earn
- Borrow
- Multiply
- Swap
Flare
Data-rich interoperability
- Earn
- Borrow
- Multiply
- Swap
Citrea
Bitcoin ZK rollup
- Earn
- Borrow
- Multiply
- Swap
Canton
Institutional, privacy-first
- Curated lending
Monitoring · Coming soon
Know before
the market does.
Mystic Monitoring watches your positions and the markets behind them (health, utilisation, oracle drift) and alerts you on Telegram before a number becomes a problem.
Join the waitlistOctarine · The eighth colour
RWAs don't become useful because they're tokenized. They become useful when they're liquid.
Octarine is the liquidity layer for real-world assets, built by the Mystic team. It gives RWA collateral an instant exit through competitive quotes from market makers.
Visit OctarineSlowly, then all at once.
The assets are arriving. Their credit markets are already here.