Interest on your credit is calculated daily and compounded, based on a 360-day year and the Annual Nominal Rate (APR) that corresponds to your margin.
This means:
Each day, a small amount of interest is added to your outstanding balance.
The new total (principal + interest) becomes the base for calculating the next day’s interest.
As a result, your debt grows with daily compound interest, accurately reflecting the real cost of the credit.
Example: Interest Calculation
Day 1
Principal: 1,000 USDT
Daily interest: 1,000 × 0.0005 = 0.50 USDT
New total: 1,000 + 0.50 = 1,000.50 USDT
Day 2
Principal: 1,000.50 USDT
Daily interest: 1,000.50 × 0.0005 ≈ 0.50 USDT
New total: 1,000.50 + 0.50 = 1,001.00 USDT
Day 3
Principal: 1,001.00 USDT
Daily interest: 1,001 × 0.0005 ≈ 0.50 USDT
New total: 1,001 + 0.50 = 1,001.50 USDT
Each day, the interest is added to the outstanding balance, and that new total is used to calculate the following day’s interest — this is what’s known as daily compound interest.