Overview
Risks
How much debt can be issued against NALPHA as collateral across lending protocols.
Maximum possible exposure to NALPHA
$2.37m
$201,293 (max additional borrows against NALPHA) + $2.16m (bad debt if NALPHA was hacked now)
Morpho V1
$2.37m at-risk exposure = $2.16m bad debt if hacked + $201,293 additional borrowable against NALPHA
Methodology and limitations
Showing collateral exposure for NALPHA on Ethereum. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for NALPHA as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Token Usage
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Liquidations
Token liquidations need a subscription
Yields
Tracking 3 pools, average APY 8.92%