What is the availability of an asset?

Modified on Wed, 28 Jan at 4:20 PM

When you request a loan on Bit2Me Loan, you will see that each currency has an "Availability" indicator. This indicator informs you about the amount of liquidity (funds) that exists at that specific moment to be lent to users.

Availability is dynamic and can change according to market supply and demand. Below we explain what each level means:

High Availability

What does it mean?

There is a large amount of funds available in this asset. Liquidity reserves are full.

For you: It is the best time to request your loan. It is almost certain that your request will be processed immediately and you will be able to request higher amounts without problems.

Medium Availability

What does it mean?

There is a moderate amount of funds. There is enough liquidity for standard operations, but reserves are not at their maximum.

For you: You can request the loan normally. However, if you try to request a very high amount, you may need to adjust the amount so that the system can process it.

Low Availability

What does it mean?

Asset reserves may have decreased due to high demand from other users. Few funds remain in the liquidity "pool".

For you: You can still try to request the loan, but there is a possibility that the total amount you want cannot be covered even if it is not a high amount, and you may have to wait for liquidity to increase or select another asset with higher liquidity.

Temporarily Unavailable

What does it mean?

At this moment there are not enough funds to issue new loans in the selected currency or because the asset is under maintenance.

For you: You will not be able to select this currency to receive your loan at this instant.
What can you do? We recommend choosing another available currency (such as USDR or USDC) or trying again later, as availability is usually restored as other users repay their loans or we incorporate more liquidity into the system.

Important: Remember that availability changes in real time. An asset may suffer variations in its availability in the short term. It can go from having "High" availability to "Low" in a short time if user demand grows rapidly. It can also go from "Low" to "High" if we incorporate new funds into liquidity or if other users repay their loans.