Sable Sable
Tokenized equity credit

Turn your stocks into spendable dollars.

Deposit tokenized US equities, mint sblUSD against them, and keep every share of the upside. No selling, no capital-gains event, no custodian.

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The dollar

Three ways to use sblUSD.

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Mechanics

Four steps, reversible at any time.

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Collateral

Backed by the stocks you already hold.

Every sblUSD in circulation is over-collateralised by tokenized equity held in the protocol's vaults. Composition is public and updates block by block.
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Comparison

Compared to just selling.

Borrow sblUSD Sell the stock Broker margin loan
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Sable Sable

Equity-backed dollar credit on BNB Chain.

Powered by Binance Binance bStocks
SBL
sblUSD
ssblUSD
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Sable Sable
Contracts
Documentation

How Sable works.

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View the Contracts page →
Sable Sable
Docs
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Contracts.

All contracts are verified on BscScan — read the source before use.

Protocol
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Pending deployment
Collateral markets
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SBL 1,240
sblUSD 18,402
ssblUSD 9,110
Net portfolio value
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Borrow
Stake sblUSD
Swap
Repay
Withdraw
Borrowing
Manage →
Total sblUSD debt
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Blended borrow APR
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Borrowing power left
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No active borrowing.
Your positions
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Collateral
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sblUSD debt
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Health
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sblUSD supply
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Protocol health
Backing 154%
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New position
Your positions ({{ positionCount }})
New position
Choose collateral

Pick the bStock you want to borrow against. Deposit it first, then mint sblUSD up to that market's limit.

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bStock
Wallet balance
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Borrowing power
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Selected collateral
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You keep full ownership of your collateral. It stays in the vault and keeps its price exposure.
← Change collateral
Collateral market
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Deposit collateral
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Mint sblUSD
$
MAX
Max borrowable {{ maxBorrow }} at {{ ltvMax }} LTV
Health factor {{ hf }}
1.00 liquidation 2.00 3.00+
Position preview
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Your {{ borrowMarket }} stays in the vault and keeps its price exposure. Repay sblUSD at any time to release it.
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You receive {{ stakeOut }}
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ssblUSD / sblUSD rate
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You pay
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⇅
You receive
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Desk reserves
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USDT available68%
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Backing sources
$412.8M
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Protocol breakdown
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TVL history
$412.8M
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sblUSD supply vs debt
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SBL burned, monthly
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Live risk parameters per market. Every value below is read from the on-chain market config, so what the protocol enforces is what you see.

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{{ r.debt }} {{ r.cap }}
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