Crypto
Compound Launches Institutional USDC Lending Market with up to 87% LTV
Compound Foundation has launched its Institutional Market for USDC lending, offering loan-to-value ratios of up to 87%.
The market operates on Compound v3 and allows borrowing against Ether (ETH), wrapped staked Ether, Wrapped Bitcoin, or Coinbase Wrapped BTC to access USDC.
Ethereum offers the highest LTV ratio at 87%, while wstETH has an 85% ratio, and WBTC and cbBTC each have an 81% ratio.
Each collateral asset has a $10 million borrowing cap, with liquidation factors ranging from 86% for WBTC and cbBTC to 93% for ETH.