The markets table

Every market DeVOLT reads, and the controls that narrow them down, including the one that explains why a market you were looking for is not in the list.

The table is the whole book: every lending market DeVOLT can read, on every chain and venue it covers. Each row is one market: a collateral token, a loan token, and the venue they live on. The same pair usually exists on several venues at once, and they are genuinely different markets with different rates and different depth, so they get a row each.

The controls

role tabs: All, Leverage and Borrow. What the market is FOR. The Leverage chapter and the Borrowing chapter explain the split. Pendle principal tokens exist to be levered, so they are never under Borrow; one whose fixed rate is under the debt cost is under All alone with a chip saying the loop loses. A tab with nothing in it is greyed rather than clickable, and hovering it says why.
type: What the collateral IS: an ETH derivative, a stablecoin, a Bitcoin derivative, an alternative chain asset, a fund share, gold. Keyed to the collateral, never the loan token. A principal token is filed by what it is a claim on, so a claim on a stablecoin is filed as a stablecoin.
trade: A basis loop or a directional position. In a basis loop the collateral and the debt are the same underlying, so you are farming a spread and only a divergence in that spread liquidates you. In a directional position they differ, so the trade is a levered bet on the price between them and a drawdown alone can liquidate it.
chain: Which chain the market lives on.
protocol: Which lending venue it belongs to.
status: Live markets by default. "Include hidden" restores everything, and the count beside it says how many that is.
watchlist: Only the markets you starred. Kept in your browser, not on a server.

Why a market you expected is not listed

By default the table shows markets you can actually act on. A market is held back when it is lent out to the last unit, when it holds too little to borrow to be worth listing, when its collateral has passed a maturity date, or when no aggregator will quote a route into it.

None of that removes it from DeVOLT. Switch Status to “Include hidden” and every one comes back, with the count of what was held back shown beside the control so the gap is never silent. A market that refills reappears on its own at the next reading.

Sorting

Every column heading sorts. The default depends on the tab, because the tab changes what you are shopping for: the return, highest first, where the loop pays, and the cost of the debt, cheapest first, where you are borrowing. Once you click a heading yourself, DeVOLT stops changing the sort underneath you when you switch tabs.

What each row is telling you

LLTV: The loan-to-value at which the position is liquidated. Higher means you can borrow more against the same collateral, and sit closer to the edge.
liquidity: How much of the loan token is available to borrow right now. This is what the hidden-markets rule reads.
net APY: What the loop returns after the debt is paid for, at the leverage shown. A dash means a rate it depends on could not be measured.
borrow APR: What the debt costs, after any borrow-side reward DeVOLT could read.
utilization: How much of what has been supplied is currently borrowed. Near the top, rates rise steeply and withdrawing gets harder.
grade: A letter summarising measured risk. The Risk grades chapter explains what it is and what it cannot catch.

The URL carries your tab, filters, page and sorting, so a table you have narrowed down is a link you can send to somebody else and they will see what you saw.