Debt Swap

Save more by swapping your higher interest loan into a lower interest one

Debt Swap lets you refinance your loan to a lower interest rate without needing to close and reopen your loan. This means you can reduce your borrowing costs while keeping your positions intact.

Debt Swap comes in handy when:

• the interest on borrowed asset suddenly makes the position unprofitable

• you want to shift to assets that have extra rebates or lower interests

• there's an upcoming airdrop you want to farm — without hassle

Using Debt Swap in 30 Seconds

1. Visit asgardfi.com/debt-swap

2. Connect your Wallet

Asgard will show you all your active MarginFi and Kamino Main Market positions, along with recommended debt assets to swap into and reduce costs.

3. Make the Swap

1. Click on the position you want to optimize

2. View your positions along with recommended swaps for the same

3. Click "Swap" next to your desired debt asset and approve the transaction in your wallet

4. Enjoy Lower Rates

Your new, lower interest rate takes effect immediately. The dashboard updates to show your new debt asset and reduced interest costs.

Debt Swap Fees

A flat fee of 15 bps is charged for reducing borrow costs with debt swap.