Voyager Digital
2 of 10 criteria researched. Unresearched criteria are shown as unknown with the reason — never guessed, and never omitted. What the eight criteria are →
Markets — as served, not a venue rate
One row per market, as the venue publishes them. These are market rates: combining them into a single venue rate is a weighting across this venue's markets, and choosing one here would be a methodology decision taken in a web page.
No BTC market rows are served for this venue. This venue runs no contracts, so there is no market state to read — the absence is a property of the venue class, not a gap.
Price
What does credit cost here, and how is the price formed?
| Rate formation | posted_card |
|---|---|
| Term structure | unknown (not researched yet) |
| Rate certainty | unknown (not researched yet) |
Quality
What stands behind a position, and what can change under the reader?
| Oracle dependency | unknown (not researched yet) |
|---|---|
| Default & liquidation | unknown (not researched yet) |
| Custody & backing | unknown (not researched yet) |
| Recourse | unknown (not researched yet) |
| Track record | unknown (no first observation date recorded in the registry) |
Composition
Who and what makes up this market?
| Collateral accepted | unknown (not researched yet) |
|---|---|
| Book depth & concentration | unknown (the criteria spec defines this (Pillar III) but the attribute matrix has no column for it yet — a gap in this dataset, not in the venue) |
| Observability | price: partial — Posted rates recoverable from Internet Archive snapshots as source_type archived_card (D28); each snapshot dated and citable, irregular cadence a registered property (§8.6). Voyager also published rates in TSX-listed filings across its life, the deepest of the era per RW10 step 3.2. NOT YET INGESTED. quantity: partial — Listed-company filings (TSX, quarterly) plus the bankruptcy docket, as dated snapshots rather than a running total. NOT YET INGESTED. composition: none — Loan-level composition unobtainable for a wound-up custodial desk (§8.1). |
The generic axis set
Identical for every venue, identically computed. An axis that cannot be computed here renders its reason — never silently omitted, because an omitted axis says it was not considered.
| Collateral locked | not available — this venue runs no contracts, so there is no market state to read |
|---|---|
| Debt outstanding | not available — this venue runs no contracts, so there is no market state to read |
| Utilisation | not available — this venue runs no contracts, so there is no market state to read |
| Venue-level borrow APR | not available — this venue runs no contracts, so there is no market state to read |
| Venue-level lend APR | not available — this venue runs no contracts, so there is no market state to read |
| Intermediation margin | not available — this venue runs no contracts, so there is no market state to read |
| Trailing realised average (7/30/90d) | not available — no per-venue time series is held, so a trailing figure would be a single reading dressed as an average |
| Rate volatility (30/90d) | not available — no per-venue time series is held, so a trailing figure would be a single reading dressed as an average |
| Spread to the pair aggregate | not available — this venue runs no contracts, so there is no market state to read |
| Spread to matched Treasuries | not available — this venue runs no contracts, so there is no market state to read |
| Origination flow | not available — needs loan-level history, which is held for Morpho Blue only |
| Repayment flow | not available — needs loan-level history, which is held for Morpho Blue only |
| Aggregate and distributional LTV | not available — needs loan-level history, which is held for Morpho Blue only |
| Residence distribution | not available — needs loan-level history, which is held for Morpho Blue only |
| Liquidation incidence | not available — needs loan-level history, which is held for Morpho Blue only |
| Top-10 concentration share | not available — needs loan-level history, which is held for Morpho Blue only |
There is no score on this page and none will be added. The criteria are published and versioned before any venue is measured against them, and this venue's row is produced by the same pipeline as every other.
Access routes
Not yet surveyed. No one has looked for an MCP server for this venue. That is not the same as having looked and found none, and this row will not say the second while meaning the first. The listing criteria are published.
How this venue compares depends on what you'd borrow, for how long, against what. That's a question for your AI, with this data behind it.
https://mcp.bitcoincreditstack.com/mcp