After you borrow money, the price of your collateral changes every day.

The lending protocol separately records the collateral you deposit and the funds you borrow.

Scallop in the Sui ecosystem is this type of money market.

Before borrowing, you first need to create a debt account (obligation) to record your collateral and liabilities.

The official borrowing guide has a Risk Level field, which approaches 100% as the risk of your position increases.

When the collateral value falls below the threshold, it is liquidated (liquidation)—that is, the collateral is handled according to the protocol rules to repay the loan.

Some protocols use a health factor, where a lower number means higher risk—the reading is the opposite of the risk level.

So after borrowing, make sure to check back regularly.

Scallop says its notification feature has moved from Notifi to its own service.

To set it up, click the bell icon, sign with your wallet, set the thresholds for the alerts you want to receive, and then connect Telegram.

Scallop also mentioned Scallop Skills, which lets your AI agent look up market data.

Notifications and tools can only help you monitor your position; they don't change the liquidation conditions.

Borrowing is an advanced operation.

Collateral, risk indicators, and alert settings are three things to keep an eye on when managing a borrowing position.