DeltaPrime

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

DeltaPrime lets users borrow extra capital against a portfolio and deploy it into trading, liquidity provision, staking and farming on Arbitrum and Avalanche. Its Prime Accounts are fully cross-margin, provide up to 5x borrowing power for supported assets and liquidate when portfolio health reaches insolvency. The 2026-08-15 endpoint reported about $3.51M, but size is secondary: borrowed capital and a forced-liquidation threshold are integral to the advertised multiplied-return product. The v1 leveraged-looping dossier expressly covers leveraged yield farming and therefore controls.

Kill criteria: the events that revoke this verdict
• Ships a separate account or product whose contracts prevent borrowing, margin and liquidation and whose live positions, authorities, incidents and proposed-size exit are independently verifiable

The research file

Mechanism applicability

DeltaPrime is a cross-margin borrowing platform. Lenders fund liquidity pools; a borrower combines collateral with borrowed assets inside a dedicated Prime Account contract and deploys the combined balance across whitelisted trading, liquidity and farming protocols. DeltaPrime documents borrowing power as high as 5x for some assets and liquidation when account health reaches insolvency. Those are direct applicability facts for the v1 leveraged-looping dossier’s leveraged-yield-farming scope.

Current observation and lifecycle

The DefiLlama protocol API read on 2026-08-15 classified DeltaPrime as Leveraged Farming and reported approximately $3.51M TVL, split between about $1.89M on Avalanche and $1.62M on Arbitrum. Current documentation and a recently updated account guide continue to describe live Prime Accounts, cross-margin balances and liquidation states on both chains, supporting an active rather than archived lifecycle.

Control and exit applicability

The borrower directs a dedicated smart contract but cannot transfer borrowed capital freely; integrations are whitelisted and liquidation bots may force repayment. Account health is calculated across all assets and debts, so price, oracle, interest-rate, LP and integrated-protocol losses can propagate through the portfolio. Withdrawing or repaying requires accessible assets inside integrated positions, and an account marked for liquidation cannot transact until liquidation completes.

Why the class rule decides

The v1 leveraged-looping dossier controls regardless of TVL because DeltaPrime advertises multiplied returns from borrowed capital and enforces portfolio-wide liquidation. Cross-margin diversification can delay a trigger but also propagates loss across integrated positions and does not make forced sale suitable for the advised sleeve. Reopen only for a separate account or product whose contracts prevent borrowing, margin and liquidation, with current positions, roles, incidents, liquidity and proposed-size exit independently verified.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

• DeltaPrime — protocol overview · primary · accessed 2026-08-15
  Supports: Avalanche, Arbitrum, lending pools, borrowed capital, dedicated account contract, cross-margin
• DeltaPrime — Prime Account controls · primary · accessed 2026-08-15
  Supports: dedicated smart contract, whitelisted protocols, trading, liquidity provision, farming, liquidation bots
• DeltaPrime — health and borrowing power · primary · accessed 2026-08-15
  Supports: cross-margin, 5x borrowing power, health, insolvency, liquidation threshold
• DeltaPrime — liquidation mechanics · primary · accessed 2026-08-15
  Supports: partial liquidation, whitelisted bots, insurance pool, loan repayment, liquidation bonus
• DeltaPrime — current account state and exit constraint · primary · accessed 2026-08-15
  Supports: current lifecycle, borrowed balance, interest, cross-asset health, transaction freeze during liquidation
• DefiLlama — DeltaPrime survey record · secondary · accessed 2026-08-15
  Supports: current TVL, Avalanche, Arbitrum, Leveraged Farming category, survey observation

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.