> For the complete documentation index, see [llms.txt](https://ezfi.gitbook.io/bitlend/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ezfi.gitbook.io/bitlend/protocol-overview/swap.md).

# Terms

Each lending pool in Bitlend is associated with a token pair. The following high-level information is provided for each lending pool:

* Total Supply — The total amount of tokens supplied to the lending pool
* Total Borrowed — The total amount of tokens borrowed from the lending pool
* Borrow limit — The ratio between Total Borrowed and Total Supply
* Supply APY — The current effective APY earned by lenders for supplying tokens
* Borrow APY — The current effective APY paid by borrowers for borrowing tokens

### **To learn more:**

{% content-ref url="/pages/M9v6UXnAw6kCRm7hz3fA" %}
[Supply](/bitlend/protocol-overview/supply.md)
{% endcontent-ref %}

{% content-ref url="/pages/5UEdRYwBeaidM5uxACEk" %}
[Borrow](/bitlend/protocol-overview/borrow.md)
{% endcontent-ref %}

{% content-ref url="/pages/BLyZl91Vm8XA6u2dztrj" %}
[Liquidation](/bitlend/protocol-overview/liquidation.md)
{% endcontent-ref %}