Extended's native lending market enables users to borrow USDC against supported collateral assets, with borrowing currently limited to covering trading losses and not permitted for withdrawals from the platform. Borrowing is triggered automatically when a user's USDC balance turns negative, provided other eligible collateral is available.
XVS carries a zero interest rate. Other collateral assets have a variable interest rate, determined by both asset-level and overall utilisation of the Extended Vault, with more details in the documentation.
|
Asset
|
Total Borrowed
|
Current Borrow APR
|
Asset Utilization
|
Optimal Utilization
|
Max LTV
|
|
|---|---|---|---|---|---|---|
|
wBTC
|
6.76K USDC | 1.45% | 0.01% | 10.00% | 90.00% |
|
|
ETH
|
2.83K USDC | 1.45% | 0.00% | 10.00% | 90.00% |
|
|
USDT
|
16.73K USDC | 1.45% | 0.02% | 10.00% | 95.00% |
|