> ## Documentation Index
> Fetch the complete documentation index at: https://supersmooth.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Refinance DeFi Positions Across Protocols in One Click

> Supersmooth Refinance moves an open position to a better protocol, debt asset, or LTV in a single transaction. Compare markets and capture rate improvements without rebuilding by hand.

Supersmooth Refinance moves an open position to a different protocol, a different debt asset, or a different LTV in one transaction, without closing exposure and without rebuilding the position by hand. Rates diverge across venues constantly, so the market you opened in six months ago is rarely still the best one. As an illustration of the economics, a 50 bps rate improvement on a \$5M position pays back the Supersmooth Refinance Fee in roughly 2.4 months.

## Features

* Cross-protocol moves across all six integrated lending venues
* Search for candidate markets by rate improvement or by higher LTV
* Same-asset-type derivative transitions, such as ETH to stETH collateral, or USDC to USDT debt
* Direction flips, such as long to short
* Supersmooth Refinance Fee, tiered by notional amount so large positions are not priced out: 15 bps to $1M, 10 bps to $10M, 5 bps to $100M, and 2 bps above $100M

<Warning>
  Supersmooth Automations do not carry over through a refinance. You need to recreate automations after refinancing.
</Warning>

## Related pages

* [Borrow](/products/borrow) for opening positions you may later refinance
* [Migrate](/products/migrate) for importing external positions into Supersmooth


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