Larix wallet

What is Larix (LARIX)?

Larix is a lending market on Solana: one side deposits assets as collateral, the other borrows against them, and the interest rate on each pool moves with how much of that pool is currently borrowed. The range of accepted collateral is wider than a conservative money market would allow, which is why the protocol leans on separated, risk-tiered pools rather than one shared pot.

LARIX is the protocol's own SPL token and it is worth being clear about what it is not. Holding LARIX is not a deposit in the lending market and gives you no position there; deposits are tracked separately by the protocol against the address that made them. If you supplied assets to Larix, that claim stays attached to your address and is not something your wallet balance of LARIX reflects.

Day to day the token behaves like any SPL asset. It occupies an associated token account opened with a small SOL rent deposit, transfers cost a fraction of a cent, and that fee is always paid in SOL, never in LARIX. Keeping a little SOL in the same wallet is the difference between being able to move the token and not.

A Tangem card covers both halves of that: SOL and LARIX live in one wallet, and signing is a tap of the card against the phone, with no cable, no pairing ritual and no battery to have gone flat since the last time. Small, occasional Solana transfers are the kind of thing that should take fifteen seconds, and here they do. Supported networks in Tangem (1): Solana.