> ## Documentation Index
> Fetch the complete documentation index at: https://docs.vanna.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Borrow

> Borrow SOL, USDC or USDT against your collateral, up to 10× leverage.

Borrowing happens in the **Leverage your Assets** tab, together with (or without) a deposit.

![Leverage panel with SOL deposit, USDC borrow of 1089.45, Single Borrow / Dual Borrow toggle and a 1x to 10x leverage slider](https://mintcdn.com/vannafinance/nTvFas2wipJFpeKy/images/solana/margin/borrow-leverage.png?fit=max\&auto=format\&n=nTvFas2wipJFpeKy\&q=85\&s=4325f47a6ffca2c70d16d9bd94c8d7e5)

Deposit 10 SOL and borrow USDC at 2×: Max Value, the leverage slider and the total.

**1. Set up the deposit**

Choose collateral under **Deposit**. **WB** deposits from your wallet; **MB** borrows against collateral already in your margin account.

**2. Choose Single or Dual Borrow**

**Single Borrow** borrows one asset. **Dual Borrow** splits the loan 50/50 across two assets, sized from the leverage slider.

**3. Pick the asset**

Choose SOL, USDC or USDT under **Borrow**.

**4. Set the size**

Drag the leverage slider (**1× to 10×**), use **−/+**, type an amount, or click **Max Value**. **Total** and **Max** show the loan in USD.

**5. Review and sign**

Check **Transaction Details**: the account's health factor, leverage and collateral before → after. Click **Deposit & Borrow** and approve.

## Where the loan goes

Borrowed tokens land in your **margin account**, not your wallet. From there you can swap, trade perps or farm. To take them to your wallet, use [Transfer Collateral](https://docs.vanna.finance/solana/guides/margin/transfer-collateral.md) (Margin account → Portfolio account); that withdrawal is health-checked.

## Limits

* The program rejects any borrow that would leave the account at a health factor of **1.10 or below**.
* The app's Max keeps a **1.15** safety floor so a small price move right after borrowing doesn't put you at the line.
* You can't borrow more than the pool has available (see the pool's Available Liquidity on [Earn](https://docs.vanna.finance/solana/guides/earn/overview.md)).

## Interest

Debt grows at the pool's **Borrow APY**, which rises with the pool's utilization. **Net Borrow Rate** on the Margin page is your account's blended rate; accrued interest shows in the Positions table and on Portfolio.

> [!WARNING]
>
> Leverage can get your account liquidated. Prices, borrow interest, swap slippage, perp funding and vault share prices all move your health factor, which must stay **above 1.10**. Only use what you can afford to lose.

## Next steps

> **[Swap](https://docs.vanna.finance/solana/guides/trade/spot-swap.md)**
>
> Turn the loan into another token.

> **[Trade perps](https://docs.vanna.finance/solana/guides/perps/overview.md)**
>
> Long or short on Phoenix.

> **[Repay](https://docs.vanna.finance/solana/guides/margin/repay.md)**
>
> Pay back part or all of a loan.


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