Withdraw
Withdrawing assets from third-party protocols on WLFI Markets allows you to move your supplied funds back to your wallet. This guide walks you through the complete process of withdrawing assets from WLFI Markets.
Overview
When you withdraw assets using the WLFI Markets interface:
Receive Your Funds: Assets are transferred directly back to your connected wallet
Stop Earning on Withdrawn Amount: You'll no longer earn supply rewards on the withdrawn portion
Flexible Access: Withdraw your supplied assets at any time, subject to available liquidity
Preserve Remaining Position: Any assets you don't withdraw continue earning rewards
Prerequisites
Before withdrawing, ensure you have:
Assets currently supplied to WLFI Markets
ETH in your wallet to cover gas fees for the transaction
Your wallet connected to the Ethereum network
Important: If you have an active borrow position, withdrawing collateral may affect your collateral ratio. Ensure you maintain an optimal ratio to avoid liquidation.
Step 1: Navigate to the dashboard
Visit the WLFI Markets application and navigate to the Dashboard page. You can access it directly by clicking "Dashboard" in the top navigation bar.
Before connecting your wallet, you'll see the available assets to supply and borrow, along with their current rates.
Step 2: Connect your wallet
Click the Connect wallet button in the center of the page or in the top-right corner of the navigation bar. A modal will appear with a list of supported wallet providers.
Select your preferred wallet from the available options.
Make sure to connect the same wallet you used to supply assets. Your supplied positions are tied to your wallet address.
After selecting your wallet, complete the following connection steps:
1. Wallet connection request
Your wallet will prompt you to connect. Open your wallet extension to approve the connection.
2. Sign in with Ethereum
After connecting, you'll be asked to sign a message to verify wallet ownership. Click "Sign In" to proceed.
3. Awaiting confirmation
The application will wait for you to confirm the signature in your wallet.
Once connected, the dashboard will update to show your personal balances and positions.
Step 3: Locate your supplied assets
Once your wallet is connected, the dashboard displays your current position. Navigate to the "My supplies" section to view your supplied assets.
This section shows:
Asset
The token name and icon
Balance
Your current supplied balance and USD value
Supply rate
The reward rate you'll earn
Actions
Supply more or withdraw funds
Additionally, you'll see summary information at the top:
Total collateral - The total USD value of your supplied collateral
Supply rate - The weighted average rate for all supplied assets, including incentives
Locate the asset you want to withdraw and click the Withdraw button next to it.
Important: Ensure you have sufficient ETH in your wallet to cover gas fees for the withdrawal transaction.
Step 4: Enter withdrawal amount and review
After clicking Withdraw, a modal appears where you can specify your withdrawal details:
Enter the withdrawal amount
Enter the amount you want to withdraw in the input field
The USD equivalent value is displayed below the amount
Click "Set max" to withdraw your entire supplied balance of that asset
Review the transaction overview
Before confirming, carefully review the transaction details:
Remaining supply
The amount that will remain supplied after withdrawal
Collateral ratio
How your collateral ratio will change after the withdrawal
Gas fee
The estimated transaction cost in ETH and USD
Collateral Warning: If you have outstanding borrows, withdrawing too much collateral can push your position toward liquidation. Monitor your collateral ratio carefully.
Step 5: Complete the withdrawal
Once you've reviewed the transaction details:
Click the "Withdraw [Asset]" button (e.g., "Withdraw USD1")
Confirm the transaction in your connected wallet
Wait for the transaction to be processed on the Ethereum network
After the transaction is confirmed, you'll see a success message with the details of your withdrawal:
Once complete:
The withdrawn assets will appear in your wallet
Your "My supplies" section will update to reflect the new balance
Your Net worth will adjust accordingly
If you withdrew all of an asset, it will be removed from "My supplies"
Success! Your assets have been withdrawn from WLFI Markets and are now available in your wallet.
Understanding withdrawal limitations
Utilization rate
In some cases, you may not be able to withdraw the full amount of your supplied assets. This occurs when the asset has high utilization, meaning a large portion of the supplied assets are actively being borrowed.
If you encounter this situation, you have several options:
Partial Withdrawal: Withdraw the available amount now and the remainder later
Wait for Repayments: As borrowers repay their loans, more liquidity becomes available
High Rate Benefit: During high utilization, supply rates are significantly elevated, so your remaining balance earns higher rewards
Collateral constraints
If you have active borrow positions, your withdrawable amount may be limited by your collateral requirements:
You cannot withdraw collateral that would cause your position to become undercollateralized
The maximum withdrawable amount is calculated based on your current borrow balance and liquidation threshold
Consider repaying some of your borrows first if you need to withdraw more collateral
What's next?
After withdrawing assets from WLFI Markets, you can:
Supply - Supply assets back to WLFI Markets to earn rewards
Borrow - Use remaining collateral to borrow other assets
Repay - Pay back borrowed assets to free up collateral
Activity - Track your transactions and position history
Additional resources
Last updated