# How Superlend Works

Superlend is an interface that connects you to onchain lending markets and yield strategies.

Instead of interacting with multiple protocols and dashboards, Superlend lets you:

* Explore opportunities
* Supply or deposit assets
* Track all positions

All from a single place.

***

### **From Discover to Portfolio**

Most users follow the same flow on Superlend:

1. Discover opportunities\
   You start in [Discover](https://app.superlend.xyz/discover), where Superlend curates markets and vault strategies which are displayed with their current rates and details.
2. Choose how to use your assets \
   You can either:
   * Supply assets to direct markets (eg., [markets on Aave](https://app.superlend.xyz/discover?platforms=Aave+v3))
   * Deposit assets into strategy-based products (vaults)
3. Positions are created onchain\
   When you take action, your assets are supplied or deposited into underlying smart contracts.
4. Track everything in [Portfolio](https://app.superlend.xyz/portfolio)\
   Your active positions appear in Portfolio, where you can monitor balances, performance, and exposure.

Superlend keeps everything connected so you don’t need to switch between tools.

***

### **Direct Markets and Strategy-Based Products**

Superlend offers two main ways to put your assets to work, depending on how hands-on you want to be.

***

#### **Direct Markets**

Direct markets are standard lending and borrowing environments.

* You choose the asset and market
* You supply assets to earn yield
* You can borrow against supplied assets
* Rates change based on supply and demand

Direct markets are suited for users who want control and flexibility.

***

#### **Strategy-Based Products**

Strategy-based products are designed to make earning yield simpler.

* You deposit assets into a strategy
* The strategy manages allocation automatically
* You don’t need to actively rebalance or move funds

On Superlend, strategy-based products include:

* [Native vaults](https://app.superlend.xyz/vaults), such as Superfund and asset-specific vaults (eg., [BTC Max Vault](https://app.superlend.xyz/vaults/42793-0xe6da0bb72a818ed519edb51717b86077464f0857))&#x20;
* Integrated vault strategies, surfaced in Discover from supported protocols like [Morpho](https://app.superlend.xyz/discover?platforms=Morpho) or [Euler](https://app.superlend.xyz/discover?platforms=Euler)

All strategy-based products are accessed and tracked through the same Superlend interface.

***

### **What Superlend Handles**

Superlend is designed to reduce complexity without removing control.

It handles:

* Routing assets to supported markets and strategies
* Displaying rates, liquidity, and positions clearly
* Aggregating your positions into one portfolio view

You always interact with onchain smart contracts, and your assets remain in your wallet until you take action.

***

### **What Superlend Does Not Do**

* Superlend does not custody your funds
* It does not guarantee yields
* It does not remove market or protocol risk
* **Except for Superlend’s own markets and vaults, Superlend does not own or control the smart contracts you interact with.**&#x20;
* Third-party opportunities shown in Discover connect you directly to the underlying protocol contracts through the Superlend interface.


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