> For the complete documentation index, see [llms.txt](https://docs.superlend.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.superlend.xyz/products/markets.md).

# Markets

[Superlend Markets](https://app.superlend.xyz/markets) are permissionless lending and borrowing markets where you can supply assets to earn yield or borrow assets against collateral. These markets are operated and maintained by Superlend and are currently deployed on [Etherlink](https://www.etherlink.com/), a high-performance EVM-compatible Layer 2 blockchain.

<figure><img src="/files/sEYuROuVa7anEoKklqJn" alt=""><figcaption></figcaption></figure>

In Superlend Markets, you interact directly with smart contracts to:

* Supply assets and earn yield based on borrowing demand
* Borrow assets against your supplied collateral
* Withdraw or repay positions on-chain at any time

The markets are a [DAO-approved friendly fork](https://snapshot.box/#/s:aavedao.eth/proposal/0x1d9e4f068704377a7fd4d5089ae6be9d243141f742def95c7a4c0e95770040e4) of the [Aave V3](https://aave.com/docs/aave-v3/overview) protocol optimized for Etherlink to ensure capital efficiency and competitive rates.