diff --git a/pkg/exchange/max/exchange.go b/pkg/exchange/max/exchange.go
index 0a894d4fa..4c095a5c3 100644
--- a/pkg/exchange/max/exchange.go
+++ b/pkg/exchange/max/exchange.go
@@ -664,8 +664,8 @@ func (e *Exchange) queryBalances(ctx context.Context, walletType maxapi.WalletTy
 			Currency:  cur,
 			Available: b.Balance,
 			Locked:    b.Locked,
-			NetAsset:  b.Balance.Add(b.Locked).Sub(b.Debt),
-			Borrowed:  b.Borrowed,
+			NetAsset:  b.Balance.Add(b.Locked).Sub(b.Principal).Sub(b.Interest),
+			Borrowed:  b.Principal,
 			Interest:  b.Interest,
 		}
 	}
diff --git a/pkg/exchange/max/maxapi/account.go b/pkg/exchange/max/maxapi/account.go
index 17d4e29d4..678de81f7 100644
--- a/pkg/exchange/max/maxapi/account.go
+++ b/pkg/exchange/max/maxapi/account.go
@@ -25,9 +25,7 @@ type Account struct {
 	Locked   fixedpoint.Value `json:"locked"`
 
 	// v3 fields for M wallet
-	Debt      fixedpoint.Value `json:"debt"`
 	Principal fixedpoint.Value `json:"principal"`
-	Borrowed  fixedpoint.Value `json:"borrowed"`
 	Interest  fixedpoint.Value `json:"interest"`
 
 	// v2 fields