# Additional Market Details

Below the **Add Liquidity/Trade Debt** card you will find additional information about the debt market. You may have to scroll down to see this information, highlighted in the below image.

Under the **Debt Details** section, find the following fields:

* **Loan Term:** Debt on Covenant is perpetual, not fixed. For more information, see the [litepaper](/deprecated/litepaper.md) and [whitepaper](broken://pages/Pgh4ZiG4fUvWP1n1UXif).
* **Rate:** The rate on Covenant is set by the market, so it's floating, not fixed.
* **Liquidation Type**: Covenant can support multiple liquidation types. While it can support LTV-based, mark-to-market liquidations, of the variety you might find on AAVE/Compound/etc., it can also support non-mark-to-market liquidations, in which a borrower is liquidated based on their total debt outstanding, as opposed to their mark-to-market LTV.

Finally, further down, find **Collateral Details**, which lists the collateral types and amounts locked in the respective lending market.

<figure><img src="/files/gFm3DKFI0JKykgiuXIOj" alt=""><figcaption></figcaption></figure>


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# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.covenant.finance/deprecated/user-app/additional-market-details.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
