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

# Markets

<figure><img src="/files/4dweWUWLLNu43taMPuBc" alt=""><figcaption></figcaption></figure>

On the **Markets** screen, you can:

1. **View Protocol Statistics:**\
   Get a comprehensive overview of the total market size, available liquidity, and total borrowed assets across the Aqualoan protocol.
2. **Explore Individual Markets:**\
   Click on any asset logo to dive deeper into specific market details, including:
   * Granular statistics on supply and borrow rates.
   * Options to **supply** or **borrow** the selected asset.
3. **Check APY/APR Rates:**\
   The displayed APY/APR rates indicate the following:
   * **Supply APY:** This is the annual percentage yield earned by users when supplying assets. This rate dynamically changes based on the demand in the market.
   * **Borrow APY:** The annual percentage yield borrowers pay for borrowing assets from the protocol.
4. **A-tokens for Suppliers:**\
   When you supply assets, you receive **A-tokens** in return. These are interest-accruing tokens that represent your deposit in the liquidity pool.
   * **How A-tokens Work:** A-tokens automatically increase in value over time based on the supply rate, allowing your balance to grow seamlessly.
   * You can redeem A-tokens at any time for the underlying asset, including all accrued interest.
5. **Borrowing Mechanics:**\
   Borrowers can access liquidity by paying the **Borrow APY** and providing collateral. The interest paid by borrowers contributes to the protocol’s overall supply rates.
