How it works

Sol Slabs lends against tokenized graded trading cards. If you hold a slab on Solana, you can use it as collateral for a loan paid out in USDC or SOL, without selling the card.

The loan is secured by the slab itself. While the loan is outstanding the token sits in the vault. When you repay, it returns to your wallet. If the card appreciates in the meantime, that appreciation is yours.

Tokenized graded cards held in the connected wallet, graded by PSA or BGS. Support for further graders is added as coverage allows.

Not every slab qualifies for an advance. A card needs a value we can establish with enough certainty to lend against it — thinly traded cards, unusual variants and slabs with incomplete records may show a value but no advance. When that happens the app says the slab isn't eligible right now. It can become eligible later as the record fills in.

Advances go up to 92% of a slab's value. Rates run from 9.9% to 14.9% APR depending on the term you pick, across 30, 60, 90 days.

Interest is simple, calculated over the term, and shown in full before you commit. There is no origination fee and no penalty for repaying early — settle at any point and you pay interest only for the days you held the loan.

Each slab is valued individually, and values refresh continuously as the market moves. Your advance is a share of that value, and the app shows you the exact figure for your specific card before you borrow.

Two slabs of the same card can be offered different amounts. Condition, grade and how actively that card trades all feed into what a slab is worth, and a card with a thin trading record supports a smaller advance than one that changes hands regularly.

Repay the principal plus accrued interest at any time up to maturity. Once repayment settles, the slab is released from the vault back to the wallet that borrowed against it, usually within the same block.

Partial repayments are not supported at launch. A loan is repaid in full, in a single transaction.

At maturity, an unpaid loan enters a grace period. During the grace period you can still repay in full and recover your slab, with interest continuing to accrue.

After the grace period ends, the collateral is liquidated to settle the debt. If the sale clears more than you owe, the surplus is returned to you. If it clears less, the shortfall is written off against the protocol — we do not pursue borrowers for a deficiency.

A slab can also be liquidated before maturity if its value falls far enough that the outstanding loan approaches the value of the collateral. You are notified before this happens and can repay or top up to avoid it.

You can lose the card. A slab used as collateral is at risk. If you don't repay, it is sold, and it does not come back.

Card values move. Graded card prices are volatile and can fall quickly. A value shown today is an estimate of what a slab is worth now, not a guarantee of what it will fetch later.

Smart contracts carry risk. Lending on-chain involves contract risk, oracle risk and the ordinary risks of using Solana.

Quotes are not commitments. A figure in the app is an estimate of what you could borrow, not an offer of credit. Nothing on this site is financial advice.

Valuation is live today — connect a wallet and you'll see real slabs with real numbers. Loan origination is not yet open. When it is, the borrow button in the app goes live and nothing else about the flow changes.

Value your slabs or read the FAQ.