Trade Perpetuals
On Base
Access deep ETH liquidity with transparent on-chain settlement. Start with lending, graduate to leverage trading.
How It Works
Built for traders, powered by lenders
JohnnyDex connects ETH lenders with traders who need liquidity. Every component is designed for capital efficiency and transparent risk management.
ETH Lending Pool
Deposit ETH to earn yield from borrower interest. Withdraw anytime with no lockup periods.
Liquidation Engine
Chainlink price feeds ensure accurate collateral valuation. Positions below 100% health factor are liquidated to protect lenders.
USDC Collateral
Post USDC as collateral to borrow ETH. Manage your position and repay at any time to unlock your collateral.
Leverage Trading
Coming soon: use borrowed ETH to open leveraged long positions with the same collateral and liquidation infrastructure.
Built on Base
Low fees, fast finality, Coinbase ecosystem
Getting Started
Simple workflows, transparent execution
Whether you're earning yield or accessing liquidity, JohnnyDex keeps the process straightforward.
For Lenders
Earn yield on your ETH
Connect
Connect your wallet to Base
Deposit ETH
Add ETH to the lending pool
Earn Yield
Receive interest from borrowers
Withdraw
Exit anytime (liquidity permitting)
For Borrowers
Access ETH liquidity
Connect
Connect your wallet to Base
Post Collateral
Deposit USDC as collateral
Borrow ETH
Borrow against your collateral
Repay
Repay loan + interest to unlock collateral
Understand the risks
Borrowing against collateral carries liquidation risk. Monitor your health factor and maintain adequate collateral to avoid liquidation.
Roadmap
From lending to perpetuals
JohnnyDex is being built incrementally. Each phase builds on proven infrastructure from the previous phase.
Lending Market
Core lending infrastructure with ETH/USDC markets, Chainlink price feeds, and automated liquidations.
Margin Trading
Leverage trading using borrowed ETH. Same collateral system, same risk management, higher capital efficiency.
Perpetuals
Full perpetual contract trading with funding rates, deeper liquidity, and LP incentives.
Building a derivatives protocol requires careful, incremental development. Each phase is shipped when ready.
Read the technical documentation