---
title: "Enter Market"
method: POST
path: "/defi/v1/lendborrow/entermarket"
tags: ["lendborrow"]
---

# Enter Market

`POST /defi/v1/lendborrow/entermarket`

## Request

- Base URL: `https://svc.blockdaemon.com`
- URL: `https://svc.blockdaemon.com/defi/v1/lendborrow/entermarket`
- Auth: API key in header `X-API-Key`

Initiate the approval process required for participating in a specific lending market. For example, in Compound, entering a market is a prerequisite before depositing assets and borrowing funds. This endpoint configures your account with the necessary permissions using customizable gas parameters to ensure a smooth setup.

> 💡 
**Compute Unit Value:** `90` (Fixed)

## Request body

- LendborrowEntermarketRequest: The request body for a /defi/v1/lendborrow/entermarket
  - `lendborrowId` '1100': The unique ID to specify the lending and borrowing protocol for routing relevant queries or transactions.
  - `asset` string, required: Token symbol for the asset to be approved.
  - `from` string, required: Blockchain address of the sender. For EVM chains, use a checksummed hex address (e.g., 0xABCDEF...). This address must hold sufficient balance and will sign the transaction.
  - `gas` string: Maximum number of gas units to allocate for the transaction, as an integer string (e.g., '200000'). If omitted, gas is estimated automatically. Note: this is gas units, not wei or gwei.
  - `enableFee` boolean: Flag to include a basis points fee transaction alongside the main transaction when set to true.
  - `simulate` boolean: When true, dry-runs the transaction batch via eth_simulateV1 and returns a simulate field with status and error on each transaction.

## Response `200`

Successful response

- object
  - `status` number: Numeric status code indicating success or failure of the API call
  - `msg` string: Human-readable message describing the API result or error
  - `data` union
    - object
      - `chainId` string, required: Blockchain network identifier (EVM chain ID, Solana chain name, etc.)
      - `from` string, required: Sender's wallet address
      - `to` string, required: Recipient's wallet address
      - `value` string, required: Amount being transferred or involved in a transaction
      - `gas` string: Gas limit for the transaction
      - `gasPrice` string: Price per gas unit for the transaction
      - `data` string, required: Main payload object or array returned by the API
      - `estimationCheck` union, required: Flag or value indicating transaction fee/estimate status
        - string
        - boolean
      - `referenceId` string, required: Unique ID for tracking a specific transaction or operation
      - `simulate` object: Present when the request used `simulate: true`; eth_simulateV1 summary (omitted when simulation was not run).
        - `status` 'success' | 'failure', required
        - `error` string, nullable, required: Failure reason when status is failure; null when status is success
    - object
      - `createFeeTxn` object, required
        - `chainId` string, required: Blockchain network identifier (EVM chain ID, Solana chain name, etc.)
        - `from` string, required: Sender's wallet address
        - `to` string, required: Recipient's wallet address
        - `value` string, required: Amount being transferred or involved in a transaction
        - `gasPrice` string: Price per gas unit for the transaction
        - `gas` string: Gas limit for the transaction
        - `simulate` object: Present when the request used `simulate: true` with `enableFee: true`; fee leg eth_simulateV1 summary.
          - `status` 'success' | 'failure', required
          - `error` string, nullable, required: Failure reason when status is failure; null when status is success
      - `enterMarketTxn` object, required
        - `chainId` string, required: Blockchain network identifier (EVM chain ID, Solana chain name, etc.)
        - `from` string, required: Sender's wallet address
        - `to` string, required: Recipient's wallet address
        - `value` string, required: Amount being transferred or involved in a transaction
        - `gas` string: Gas limit for the transaction
        - `gasPrice` string: Price per gas unit for the transaction
        - `data` string, required: Main payload object or array returned by the API
        - `estimationCheck` union, required: Flag or value indicating transaction fee/estimate status
          - string
          - boolean
        - `referenceId` string, required: Unique ID for tracking a specific transaction or operation
        - `simulate` object: Present when the request used `simulate: true`; eth_simulateV1 summary (omitted when simulation was not run).
          - `status` 'success' | 'failure', required
          - `error` string, nullable, required: Failure reason when status is failure; null when status is success

---

[API](https://skmtc.dev/blockdaemon/apis/blockdaemon-defi-api.md) - [All operations](https://skmtc.dev/blockdaemon/apis/blockdaemon-defi-api/llms.txt) - [OpenAPI document](https://skmtc.dev/blockdaemon/apis/blockdaemon-defi-api/revisions/ec053b7c8041?raw)