# GET /v4/sofr-ratchet/opportunity/{id}

_Merkl API_

Current SOFR-spread-ratchet rate for an opportunity at an explicit anchor: frozen 14-day-mean TVL with last/next recalc, live SOFR, and the resulting baseline/boosted APYs. Computed on the fly from the same shared logic the engine distributes against.

### Path parameters

- `id` (string) _(required)_

### Query parameters

- `anchor` (number) _(required)_
- `at` (number)
- `period` (number)

## Example request

```bash
curl -X GET "https://api.merkl.xyz//v4/sofr-ratchet/opportunity/{id}?anchor=<anchor>" \
  -H "x-api-key: YOUR_API_KEY"
```