You can withdraw your stablecoins from a Lending position at any time, either in part or in full, with no minimum term. The withdrawal is processed by the protocol according to its own timescales and the liquidity available. Once it's complete, the stablecoins will be available again in your DeFi Wallet, together with the yield earned.
Before you start
- A withdrawal is a blockchain transaction: it involves a network fee, paid in the crypto set in Manage fees.
- A Young Platform service fee applies on withdrawal, calculated on the yield earned and shown in the preview.
- The protocol's minimum amount applies, shown below the figure you enter. Using MAX withdraws everything and closes the position.
- Withdrawals may not be instant: it depends on the protocol. From the moment you make the request, the funds being withdrawn no longer earn any yield.
How to withdraw from Lending
- On the DeFi Wallet page, in the Lending section, tap the position you want to withdraw from. The detail page opens.
- Tap Withdraw funds, at the bottom left.
- Read the Lending withdrawal notice and tap Confirm. If you don't want to see it again, tick Don't show this message again.
- Enter the amount you want to withdraw, or use MAX or the quick percentages (10%, 20%, 50%, 75%).
- Tap Order preview and check: cryptocurrency, network, protocol, amount, Young Platform fees, network fees and the source of the withdrawal (the protocol's vault).
- Tap Confirm order and authorise with Face ID or your fingerprint.
Once complete, the stablecoins are in your DeFi Wallet's available balance. If the protocol doesn't release them straight away, the withdrawal stays in progress: you'll see it on the wallet page, under transactions, and on the position card, together with the estimated time. See the guide Transactions in progress on the DeFi Wallet.
Withdrawal times by protocol
Each protocol manages liquidity differently, and this affects how quickly funds become available again:
- Aave: withdrawals are usually instant. At times of high demand, when many users withdraw at once, they can slow down until the pool has liquidity again.
- Morpho: withdrawals depend on the liquidity of the markets in which the curator has placed the vault's funds. They're usually quick, but you may have to wait a little.
- Maple: liquidity is normally immediate; in rare cases it can take around 24 hours, up to a maximum of 30 days, because the funds are lent for fixed terms. While you wait, your funds keep earning a yield.
You'll find the details in each protocol's Fact sheet, on its page.