PegBack · Solana credit

Owe money.
Pay none of it.

A loan that settles itself. Your collateral stays yours, the draw lands in USDC, and the fees the protocol earns go straight at what you owe.

Vault idleNo repayment cycle has settled yet
Open a positionRead the mechanism

How it works

Collateral in $PEGBACK.
Debt in USDC.

Deposit once and the protocol sizes the draw for you against a fresh oracle price. From then on, every fee the protocol collects is swapped to USDC and pushed into the repayment vault, where it reduces what every open position owes.

  1. 01Lock PEGBACK as collateral
  2. 02Draw USDC in the same transaction
  3. 03Watch protocol revenue retire the balance
Max draw
70%

of collateral value

Liquidation
90% LTV

position becomes eligible

Revenue routed
100%

of creator fees to repayment