Markets

Collateral: USDC · Borrow: WHYPE

Core

Borrow wrapped HYPE against USDC. Core market, 77% liquidation loan-to-value, 72% cap in the app.

Interest rate

BorrowSupply

Adaptive curve for WHYPE borrows. The rate is 3% 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
10.0%
Utilization
—

Oracle

USDC priced in WHYPE. 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
77.0%
Max LTV in the app
72.0%
Supply cap
50.00K WHYPE
Borrow cap
40.00K WHYPE
Collateral cap
1.00M USDC
Liquidation bonus
—
Elyra — Lend & borrow on Elysium