Collateral | Chain | Max Collateral (global) |
---|---|---|
USDT | Arbitrum | 2,000,000 |
ETH | Arbitrum | 1,000 |
USDT | Ethereum | 1,000,000 |
ETH | Ethereum | 500 |
ETH | Base | 500 |
USDT | BSC | 5,000,000 |
Collateral | Max Collateral |
---|---|
USDT | 500,000 |
ETH | 100 |
USDC_balance
) and unrealized PnL (upnl
), to your collateral’s value. On Orderly, LTV replaces traditional credit scores to determine your borrowing power in our asset-backed lending system. A lower LTV signifies a safer loan.
By maintaining a healthy LTV, you can maximize the loan you can access while enhancing the safety of your position against market volatility. This empowers you to borrow with confidence. Your collateral is held securely by Orderly until the loan is repaid, providing a clear and powerful way for you to leverage your holdings.
Term | Definition |
---|---|
USDC Balance | The total absolute USDC balance that has been borrowed |
min(upnl, 0) | The isolated unrealized losses included |
Collateral Quantity | The quantity of a specific asset you hold as collateral |
Index Price | The current market price of the collateral |
Weight | The collateral weight (refer to Collateral Ratio section) |
max(upnl, 0) | The isolated unrealized profits included |
DCF_i
= Discount Collateral FactorK
= 1.2Term | Definition |
---|---|
Base Weight | The standard or default collateral weight for a specific asset |
K | A constant system parameter set at 1.2 unless otherwise stated |
DCF | Discount collateral factor determining weight sensitivity to position size |
Collateral Quantity | Quantity of the collateral deposited |
Index Price | Current market price of the collateral |
^(⅘) | Smoothes impact of large position size |
Collateral | base_weight | DCF_i |
---|---|---|
USDT | 0.95 | 0.0000015 |
ETH | 0.8 | 0.000007 |
Collateral | Auto Conversion Fee (Haircuts) |
---|---|
USDT | 0.025% |
ETH | 3.5% |
Collateral | Minimum Swap Collateral Required (Arbitrum & Base) | Minimum Swap Collateral Required (Ethereum) | Maximum Swap Collateral Threshold (Arbitrum & Base) | Maximum Swap Collateral Threshold (Ethereum) |
---|---|---|---|---|
USDT | 50 | 500 | 500,000 | 1,000,000 |
ETH | 0.02 | 0.2 | 100 | 500 |