The interest rate (APR) on your Credit Line depends on your current Loan-to-Value ratio (LTV).
A higher LTV means a higher risk level, which results in a higher interest rate.
You can always check the current APR for your Credit Line in your account dashboard.
APR by LTV
LTV Range | APR |
0 – 20% | 2.9% |
20 – 40% | 11.9% |
40 – 60% | 18.9% |
Over 60% | 28.9% |
How Interest is Calculated
Interest accrues daily on your outstanding borrowed amount (not on collateral).
The accrued interest is added once per day at 00:00 UTC.
Interest is charged in the same asset you borrowed.