Holdings vs Positions

Syncrone distinguishes clearly between Holdings and Positions, allowing users to understand where value originates and how it behaves over time.

Holdings Represent direct token balances — including native assets (e.g., ETH, MATIC), stablecoins, staking derivatives (e.g., stETH, rETH), or idle tokens. Holdings are priced via on-chain oracles and updated continuously as wallet balances change. They can serve as collateral, idle treasury assets, or reward accrual balances.

Positions Represent protocol-specific exposures that generate yield or carry leverage — such as Aave supplies, Morpho borrows, Pendle LPs, Curve gauge stakes, or Balancer vaults. Positions include metadata about protocol, market type, and valuation logic, and are fully decomposed into underlying tokens and yields.

The separation between Holdings and Positions allows Syncrone to compute:

True NAV composition (liquid vs deployed capital)
Yield attribution (PnL from positions vs price movements)
Liquidity exposure (instant redeemable value vs locked capital)