Glossary

A market status badge. An active market can still have limits or settings that prevent a particular action.

The amount of a token that a specified contract is permitted to spend from an account. An existing allowance may remain after a later action fails.

Annual percentage yield: a rate expressed over one year with compounding included. It is not a guaranteed return.

The down-arrow key. On a help trigger, it can move focus into the open explanation.

Market funds currently available for use. ur position and the market's limits still determine what u can borrow or withdraw.

The Hub's starting borrowing rate for an asset, before any position-specific risk premium.

Sends the chosen token to ur wallet and creates debt backed by eligible collateral.

The displayed yearly cost of borrowing. Interest increases the debt, and the rate can change.

Unused room under the displayed borrowing limit. u still need sufficient collateral and available market funds.

Related assets offered for borrowing in that Spoke. The list does not confirm ur account is eligible to borrow them.

The table of the selected account's debt, shown by token amount and estimated dollar value.

How much additional borrowing the market reports it can support under its limits. ur own position can allow less.

An estimate of how much borrowing the position can support. Borrowing power left accounts for existing debt; it is not the market's available funds.

Room left before a market reaches a configured limit. For a cap of 1,000 and current use of 800, headroom is 200.

Dismisses the open explanation or panel. It does not reverse a confirmed transaction.

Eligible supplied assets enabled to support borrowing. These assets can be taken during liquidation if the position no longer meets its requirements.

The proportion of an asset's value counted when calculating collateral. At 75%, $100 of eligible value counts as $75.

A protocol-assigned weight used in calculating borrowing premiums. It is not a probability of losing money or a final interest rate.

Interest building on previously accumulated interest as well as the starting amount.

Starts the wallet request for the reviewed borrow. Borrowing creates debt in the position.

Starts the wallet requests for the reviewed supply. Read each request before accepting it.

Opens the choice between connecting a signing wallet and viewing an address's public information.

A wallet has shared an account with the site. Transactions still require their own wallet confirmation.

The Hub associated with the displayed route or Spoke connection.

A limit on how much a Spoke may draw from a Hub for an asset. It applies to the market, not to ur personal wallet.

The supply-form checkbox that lets an eligible new supply support borrowing. It starts off on the main site.

Ethereum Name Service: names such as example.eth that can resolve to an Ethereum address.

The keyboard key used to activate a focused link or button.

A common Ethereum token standard that defines functions such as transfers and spending approvals.

The keyboard key used to dismiss an open explanation or panel.

Ether, Ethereum's native asset. It pays transaction fees on Ethereum.

The public identifier of an Ethereum account. u can view its public activity without having permission to spend its funds.

A local copy of a blockchain's state used for testing. Actions on this practice copy do not change the live Ethereum network.

The work needed to process a blockchain transaction. Fees use ETH on Ethereum and OP Mainnet, or AVAX on Avalanche, separately from the action token.

The beginner reading library explaining the site's numbers and actions.

A comparison of counted collateral to debt. Below 1, a position can be liquidated. Prices and interest can change this number.

The part of Aave V4 that manages shared liquidity and accounting. Connected Spokes use that liquidity under the Hub's limits.

When a liquidator repays eligible debt and receives collateral, including a bonus. The borrower loses that collateral.

Funds available in a market. Available liquidity means funds that have not already been used and can potentially serve an action.

The banner identifying the separate local practice site. Use Local test mode in the network selector for instructions; live-network transactions still use real funds.

The record of actions submitted to the local practice chain. These transactions do not appear on Ethereum Etherscan.

The smallest health-factor value among the portfolio's active borrowing positions. Check the individual positions to see which one it describes.

The Portfolio area with entry points for repaying debt and withdrawing supplied tokens.

The combinations of token, Spoke, and Hub available for an action. The same token can have several routes with different rules.

The page for browsing Hubs, Spokes, assets, and market conditions.

Opens the guide linked to Ronnie's current explanation.

A position's combined annualized rate, accounting for its supply and borrowing. It is a rate, not profit already received.

Supplied value minus borrowed value in the displayed positions. Tokens held separately in the wallet are not part of this figure.

There is no borrowing balance for the displayed calculation. This is different from a health factor of zero.

No supported token-route match was found in the returned data. This does not mean the account owns no assets.

There are no history values available to draw in that chart. It does not indicate a measured zero.

That wallet connector has not been set up for this site. Use an available connector or watch an address.

Links to sections within the guide u are reading.

The page matching the selected account's wallet tokens to available routes. Its listings are comparisons, not recommendations.

Wallet balances for which the explorer did not find a supported market route.

The selected account's supplied positions and debt on the markets covered by this explorer.

An account's supplied assets and debt within a market. One account can have separate positions in multiple Spokes.

Checks the proposed action and shows its estimated effect before the main transaction is sent.

The set of contracts and rules that runs a service such as Aave. The explorer is an interface for reading data and requesting actions from those contracts.

The amount borrowed across the market shown. It includes other accounts, so it is different from what ur account owes.

A device or browser preference that asks sites to limit animation. This explorer reduces Ronnie's movement when it is enabled.

Reloads the explorer to request current data. A recent transaction may take time to appear in indexed balances.

Uses tokens from ur wallet to reduce debt in the selected position.

An option in the local practice lab to repay the full test debt. The main site uses an entered amount.

An asset's market configuration and accounting within a Spoke. Its settings can restrict which actions are available.

Restores disposable balances in the local practice environment so u can repeat the exercises.

Reloads the page after a data error. It does not automatically repeat a wallet transaction.

Opens the action drawer for the selected route. Opening it does not move tokens.

Additional borrowing interest linked to collateral risk. A premium percentage scales base interest accumulation; it is not automatically that many percentage points of APY.

The estimated risk premium for the position after the action u are previewing.

A Hub limit on a Spoke's premium exposure relative to its base borrowing exposure. It is not the point where ur loan starts charging extra interest.

The secret recovery words for a wallet. They can give control of its accounts; the local lab does not need them.

A program stored on the blockchain that runs the rules for an action when called.

A saved state of the local practice chain that the lab can return to after testing an action.

A market connected to Hub liquidity, with its own rules for user positions. Users supply and borrow through Spokes.

The total borrowed across a Spoke, including other users' debt.

The total supplied across a Spoke, including other users' positions.

Tokens already placed into a market. They must be withdrawn before they become available in the wallet again.

Moves the chosen token from ur wallet into the selected market after the transaction confirms.

The displayed yearly earning rate for supplied tokens, including the calculation's compounding. The rate can change.

Supply has reached the configured limit, leaving no room for additional supply under that cap.

Unused room under the displayed supply limit. Other market rules can still prevent a supply.

How much additional supply the market reports it can accept. This is a market limit, not ur wallet balance.

The route's settings currently prevent a new supply.

Asks the wallet to change to the named network. The same control names Avalanche or OP Mainnet when selected. Switching networks does not perform the token action.

The keyboard key that moves focus between links and controls. Shift+Tab moves backward.

A Spoke setting used to calculate how much debt a liquidation should repay. It is different from ur current health factor.

A digital asset recorded on a blockchain. Check the specific asset and network before entering an amount.

An amount of the token itself, such as 10 USDC or 0.5 WETH, rather than its estimated dollar value.

Permission for a contract to spend a particular token up to an allowance. Approval is a separate step from supplying or repaying.

All borrowed value in the displayed scope. A market total includes borrowing by other accounts.

All supplied value in the displayed scope, such as a Hub or Spoke. Check the heading to see which market the total covers.

A signed request processed by the blockchain, such as supplying tokens or granting an approval. Review its receipt to check whether it succeeded.

The blockchain record of a processed transaction, including whether execution succeeded or failed.

The amount the selected account owes, including interest that has accrued.

Positions on the local copy of Ethereum used for practice. These are separate from positions on the live network.

A dollar-denominated stablecoin token designed to track one US dollar. Its token amount and market dollar value are separate measurements.

The share of supplied market funds currently being borrowed. For example, 600 borrowed out of 1,000 supplied is 60%.

Loads the address entered in the Connect or watch dialog for read-only browsing.

Opens the transaction receipt so u can check the submitted action and its result.

An app or device that manages accounts and lets u approve transactions. Connecting a wallet is different from approving a payment or loan.

Tokens held in the selected account, outside its supplied positions. A wallet balance does not subtract outstanding loans.

The explorer is showing an address's public data. Watching does not allow it to sign transactions for that address.

Wrapped Ether: ETH represented as an ERC-20 token. WETH and the ETH used to pay gas appear as separate balances.

Returns supplied tokens to ur wallet, subject to available liquidity and the position's collateral requirements.

An option in the local practice lab to request the full test supply. Position and liquidity checks still apply.