Shark Markets is a decentralized lending protocol that allows users to borrow USDS stablecoin using digital assets as collateral. The protocol implements standard DeFi lending mechanics with automated liquidation systems to maintain protocol solvency and manage risk exposure.

The system consists of multiple smart contracts handling collateral deposits, loan origination, interest accrual, and liquidation processes. ChainLink price oracles provide real-time asset valuations for collateral ratio calculations and liquidation triggers. The protocol includes governance mechanisms for parameter adjustments and protocol upgrades.

The implementation includes administrative interfaces for protocol management and user interfaces for loan management. Users can deposit collateral, borrow against their positions, repay loans, and monitor their collateralization ratios. The admin panel provides system monitoring, parameter configuration, and protocol analytics for operational oversight.