Markets

Collateral: USDC · Borrow: ELYRA

Ecosystem

Borrow ELYRA against USDC. Ecosystem market, 62.5% liquidation loan-to-value, 54.5% cap in the app.

Interest rate

BorrowSupply

Adaptive curve for ELYRA borrows. The rate is 8% at the 90% utilization target, one quarter of that when the market is empty, and four times that when it is full. If utilization stays away from the target, the rate drifts by up to 50x per year.

Target
90.0%
Reserve
20.0%
Utilization
—

Oracle

USDC priced in ELYRA. Keeper-pushed price. Elysium does not have Pyth or Chainlink yet, so keepers publish the update. An update must arrive within 1 hour and cannot move more than 20%. If a secondary source is set and diverges by more than 2%, new borrows pause. Liquidations use the lower price.

— per USDC

Waiting for a price

Risk parameters

Liquidation LTV
62.5%
Max LTV in the app
54.5%
Supply cap
500.00K ELYRA
Borrow cap
200.00K ELYRA
Collateral cap
100.00K USDC
Liquidation bonus
—
Elyra — Lend & borrow on Elysium