I use Euler to leverage loop
I use Euler to leverage loopLet's take a scenario where you supply sUSDe on an Euler market, borrow USDe against it, swap the USDe for more sUSDe, and supply again, repeating the loop to amplify your staking yield.
What you need to monitor
Your main risks are getting liquidated, the spread between your yield and borrowing cost turning negative, and security incidents affecting the underlying protocols your loop depends on.
What Otomato watches for you
Otomato automatically detects and monitors your Euler looped positions and alerts you only when something relevant happens:
Bad debt / security incidents
Because leverage loops often depend on multiple protocols, a security issue anywhere in the chain puts your position at risk.
Otomato surfaces security incidents as soon as credible signals appear, covering not just Euler itself, but also underlying protocols and assets your loop depends on.
"A vulnerability has been detected on Euler. View source."
"A critical vulnerability has been reported on Ethena. View source."
Depegs
If your looped asset depegs from its correlated pair, your collateral value drops while your debt stays the same, pushing you closer to liquidation.
Otomato continuously monitors the price ratio between your collateral and debt assets, and alerts you as soon as a meaningful deviation is detected.
Example notifications
"sUSDe is currently depegging. It is now at 0.97 USDe."
"USDe is currently depegging. It is now at 0.984 USDe."
Liquidation risk
Leverage looping means tight health factors. Otomato monitors them very closely and alerts you as soon as you approach dangerous levels.
Example notifications
"Your health factor on the sUSDe/USDe market is below 1.03. Pay attention!"
Net yield change
On correlated-asset loops (e.g sUSDe/USDe), what matters most is the spread between what you earn and what you pay. If your borrowing rate exceeds your yield for a sustained period, your position is losing money.
Otomato tracks your net yield and alerts you when your loop turns unprofitable, so you can decide whether to keep the position open or unwind it.
Example notifications
"Your net yield on the sUSDe/USDe Euler market has been negative for 3 days."
Supply / borrow cap change
Supply and borrow caps limit how much capital can be deposited or borrowed on a given market. When caps are reached, you can't scale your loop further.
Otomato alerts you when caps change for markets you're using.
Example notifications
"Euler increased the borrow cap on the sUSDe/USDe market by 5M USDe."
Asset & protocol news
Otomato understands the full dependency chain of your loop. For example, if you're looping sUSDe/USDe, you'll receive relevant news about Ethena, sUSDe, USDe, and Euler.
Example notifications
"Ethena announced a change to sUSDe staking rewards. View source."
Improvements
We're continuously looking to add support for alerts the community is asking for. If you'd like us to add a new use case, reach out on telegram.
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