Markets
ELYRAUSDCFrontier · Max LTV 28.5%
Borrow USDC against ELYRA. Lenders supply USDC and earn interest from borrowers in this market only.
Frontier market. ELYRA is a new asset and can move sharply. Collateral can be sold once a loan reaches 38.5% of its value.
- Supply APY
- Borrow APY, variable
- Supplied
- Borrowed
- Utilization
Interest rate
Rates rise as more of the market is borrowed. Above 70%, they rise quickly to bring in new supply and keep withdrawals possible.
BorrowSupply
Risk in this market
- Max LTV
- 28.5%
- You can borrow up to 28.5% of your collateral value.
- Liquidation point
- 38.5%
- If your loan reaches 38.5% of your collateral value, part of the collateral can be sold to repay it.
- Sale discount
- If collateral is sold to repay a loan, the buyer receives this discount.
- ELYRA price
- Checked before every borrow and withdrawal.
- Reserve share
- 20%
- Part of the interest paid that goes to the Elyra reserve.