> ## 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.

# Margin Overview

> One margin account: many collaterals, borrow up to 10×, and use the loan across Solana.

The **Margin** page (also the page the app opens on) is where you manage your margin account: deposit collateral, borrow, repay and move collateral in or out.

![Margin page with a Multicollateral Loans banner, Net Health Factor with the chameleon mascot, Collateral Left Before Liquidation, Net Available Collateral, Net amount Borrowed, Net Leverage Taken, the Leverage your Assets / Repay Loan / Transfer Collateral tabs and Margin Account Info](https://mintcdn.com/vannafinance/nTvFas2wipJFpeKy/images/solana/margin/overview.png?fit=max\&auto=format\&n=nTvFas2wipJFpeKy\&q=85\&s=e3be5dbd7dbb98d39d437aa65af285b0)

Margin: account stats on top, the action panel on the left and Margin Account Info on the right.

## Account stats

| Stat | Meaning |
| - | - |
| **Net Health Factor** | Collateral ÷ debt. Liquidatable at 1.10 or below. **No debt** when you owe nothing |
| **Collateral Left Before Liquidation** | How much value your collateral can lose before the account hits 1.10 |
| **Net Available Collateral** | Collateral minus debt: your equity |
| **Net amount Borrowed** | Total debt in USD, including accrued interest |
| **Net Leverage Taken** | Everything the account holds (borrowed funds included, open perps at full size) ÷ your equity. 1.00x = no borrowing |

## The three tabs

| Tab | What it does | Guide |
| - | - | - |
| **Leverage your Assets** | Deposit collateral and borrow in one transaction, with a 1×–10× leverage slider | [Deposit](https://docs.vanna.finance/solana/guides/margin/deposit-collateral.md) · [Borrow](https://docs.vanna.finance/solana/guides/margin/borrow.md) |
| **Repay Loan** | Repay from the tokens in your margin account; Flash repay closes everything | [Repay](https://docs.vanna.finance/solana/guides/margin/repay.md) |
| **Transfer Collateral** | Move tokens between your wallet (Portfolio account) and your margin account | [Transfer Collateral](https://docs.vanna.finance/solana/guides/margin/transfer-collateral.md) |

## Margin Account Info

The right column shows Total Borrowed value, Net Available Collateral, Total Value, Net Health Factor and Net Borrow Rate, then:

* **Liquidation**: your health factor on a bar, the 1.10 liquidation line and the dollar buffer left before it.
* **Oracles and LTs**: the oracle program, the 1.10× liquidation threshold, the Vanna program address, and every token's live price with its source (Kamino Scope or Pyth) and freshness.

![Leverage your Assets panel depositing 10 SOL and borrowing USDC at 2x, with the Liquidation card and Oracles and LTs list](https://mintcdn.com/vannafinance/nTvFas2wipJFpeKy/images/solana/margin/borrow-leverage.png?fit=max\&auto=format\&n=nTvFas2wipJFpeKy\&q=85\&s=4325f47a6ffca2c70d16d9bd94c8d7e5)

Borrowing with the leverage slider, and the Liquidation and Oracles panels.

## Positions

![Account map with five collaterals (SOL, AAPLx, GOOGLx, USDC and more behind Show all) linked to an Account value node with interest accrued and borrow rate, two loans (SOL 90% of debt, USDC 10% of debt) with Repay buttons, Flash repay and share buttons, and Borrowed money is in chips for Spot, Farm and Idle](https://mintcdn.com/vannafinance/nTvFas2wipJFpeKy/images/solana/margin/positions.png?fit=max\&auto=format\&n=nTvFas2wipJFpeKy\&q=85\&s=aa0d7e1657ea9d05c39c6e431e6e4159)

Current Positions: collateral on the left, the account value in the middle, each loan on the right, and where the borrowed money is.

**Current Positions** draws the whole account as one map:

* **Collateral** on the left: every token the account holds, including Farm receipts such as kSOL, kUSDC, USD\* and vbSOL. **Show all** expands a long list.
* **Account value** in the middle, with **Interest accrued** and the **Borrow rate**.
* **Borrowed** on the right: each loan with its share of total debt and a **Repay** button.
* **Borrowed money is in**: chips showing how much of the loan sits in **Spot**, **Perps** or **Farm** positions and how much is **Idle** in the account. Click a chip to jump to that page.
* **Flash repay** unwinds the account; the share button makes a shareable card.

**Positions History** lists past actions.

> [!WARNING]
>
> An account with debt is healthy only while `collateral USD ÷ debt USD` stays **above 1.10**. At 1.10 or below anyone can liquidate it. The app keeps a 1.15 safety floor on withdrawals and new borrows so you have room before that line.

## Next steps

> **[Open a margin account](https://docs.vanna.finance/solana/guides/margin/open-account.md)**
>
> One signature, once per wallet.

> **[Deposit collateral](https://docs.vanna.finance/solana/guides/margin/deposit-collateral.md)**
>
> SOL, USDC, LSTs, JupUSD or xStocks.

> **[Borrow](https://docs.vanna.finance/solana/guides/margin/borrow.md)**
>
> Up to 10× with the leverage slider.

> **[Health factor](https://docs.vanna.finance/solana/guides/margin/health-factor.md)**
>
> The one number that keeps you safe.


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