Skip to main content

What is LTV?

How LTV works, and the limits for each asset.

LTV (loan-to-value) is what you owe, including interest, as a percentage of your collateral's value. If you owe $5,000 against $10,000 of BTC, your LTV is 50%.

Your LTV goes up if your collateral's price falls or interest is added. It goes down if you add collateral or repay part of what you owe. A higher LTV means a higher interest rate and a greater risk of liquidation.

Each asset has two limits. Max LTV sets how much you can borrow against it, and Liquidation LTV is the level at which your collateral is sold. If you use several assets, your limits are a weighted average, and your Credit Line shows the exact figure.

Asset

Max LTV

Liquidation LTV

USDT, USDC

90%

95%

PAXG

80%

95%

BTC, WBTC

70%

90%

ETH

60%

90%

BNB, SOL, XRP

50%

85%

ADA, DOGE, TRX

40%

80%

AVAX, BCH, DOT, LINK, LTC, POL, UNI, XLM

30%

80%

Did this answer your question?