Markets

Collateral: WHYPE · Borrow: USDC

Core

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

Interest rate

BorrowSupply

Adaptive curve for USDC borrows. The rate is 4% 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

WHYPE priced in USDC. 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 WHYPE

Waiting for a price

Risk parameters

Liquidation LTV
77.0%
Max LTV in the app
72.0%
Supply cap
1.00M USDC
Borrow cap
800.00K USDC
Collateral cap
100.00K WHYPE
Liquidation bonus
—
Elyra — Lend & borrow on Elysium