SLABCARDS.fun

Real slabs. Instant USDC.

Every card here is a physical graded slab in insured custody, tokenized 1:1. It is marked to live sales comps, then haircut. Borrow up to 50% without selling.

ALL GEM MINT 10 MINT 9 IN AUCTION
Total supplied
$0.00
Total borrowed
$0.00
Slabs vaulted
0
In auction
0

Slab in, USDC out. No sale.

A depositor puts a graded card into the vault and borrows against it. The card never leaves your control until you either repay, or the loan is auctioned. Every position is isolated in its own escrow.

01

Vault & back it

Ship a graded card to the custodian in insured storage. It is tokenized as an on-chain receipt (an ERC-721) that you hold. The receipt is redeemable for physical delivery any time it is not locked in a loan.

One card, one position. Never pooled, never lent against another slab, never commingled.

position = slab + loan / escrow isolated / redeemable for delivery
02

Priced by comps

An appraiser pushes the card's value on chain from live sales comps (PriceCharting, PSA auction prices). A haircut discounts it to a conservative mark. Your borrow limit is a fraction of that mark.

borrowable0 to 50% buffer50 to 65% liquidationabove 65%
value from comps / haircut applied / stale marks are liquidatable
03

Borrow USDC

Draw up to 50% of the marked value in USDC. Interest accrues per second and is paid to the suppliers funding the pool. Repay any amount at any time; clear the debt and the slab unlocks instantly.

Keep the card, keep the upside. You only sell if you want to.

up to 50% ltv / per-second interest / repay to unlock
04

Or get auctioned

If the comp drops or the loan crosses the line, anyone can liquidate it. The slab goes to an English auction open to other slab holders, with a 15 minute anti-snipe. Bids are USDC.

Proceeds repay the pool first, the liquidator earns the penalty, and any surplus goes back to you. The winner gets the card.

holder-only bids / pool repaid / surplus back to borrower

Bid on slabs. Earn on USDC.

Live auctions

When a loan is liquidated its slab is auctioned in USDC. Bidding is open to slab holders only. Win the card below market, the pool gets made whole, and the borrower keeps any surplus.

Loading auctions…

Lend USDC

Supply USDC and earn the interest borrowers pay against real, vaulted collateral. Withdraw whenever there is idle liquidity in the pool.

Utilization—
Pool size$0.00
Your position—

Put your grails to work.

Own a vaulted slab? Enter its token id and borrow USDC against it. Up to 50% of the marked value.

Docs