WETH / USDG

Live

Crypto · Chainlink feed · liquidation LTV 77.0%

Oracle price

$2,463.84

Last update

1h ago

Available

$0.00

Borrow APR

0.73%

Max leverage

3.6×

Supply cap

$5,000

What the rate does as the pool fills

at today's curve

0%target 90%100%

Utilization is how much of the pool is borrowed. Below 90% the rate falls gently; above it the curve steepens hard, which is what pulls new deposits in and pushes borrowers to repay. At 0% — where this market stands now — the supply side earns 0.00%. Nothing here is subsidised: the borrower's payment is the whole of the lender's yield.

WETH collateral, in USD

$1,000

Borrow at LTV 34%

Capped at 72.0% — a margin below the 77.0% liquidation line.

Debt in USDG: $340
Health factor: 2.26
WETH liquidation price: $1,087.93
Room before liquidation: 55.8%

Every action is simulated before it reaches your wallet: the health factor and liquidation price above are what you sign against, not an estimate produced afterwards.

You can take your place before the money arrives

Posting collateral does not touch the lending pool, so it works whether there is $0.00 available or nothing at all. Move the LTV slider to zero and the button becomes Post collateral: your WETH goes in, no debt is created, and you owe nothing and pay nothing while you wait. The moment a supplier funds this market you borrow in a single transaction, with no approval, no queue and no allowance to set up again. Withdrawing collateral you never borrowed against is equally unconditional — you are not committing to anything by standing in line.

Info & risk

Collateral: WETH
Borrowed asset: USDG
Token: 0x0Bd7D308f8E1639FAb988df18A8011f41EAcAD73
Price source: 0x78F3556b67E17Df817D51Ef5a990cDaF09E8d3A9
Liquidation LTV: 77.0%
Highest LTV in this app: 72.0% — a margin below liquidation
Oracle behaviour: Stock feeds run 24/5. The price stands still from Friday close to Monday open; that pause is normal, and the LTV is sized for the Monday gap rather than for a staleness check.
Soft liquidation: 0x9c5bca1Cc5aC228bC60c63817A1E1c95e43A2098 — opt in, and between 72.0% and 77.0% LTV the position is trimmed at a 2–4% penalty instead of the full ~12.7% incentive.

What liquidation means here

If the debt rises above 77.0% of collateral value, anyone may repay part of it and take collateral at a bonus. Cluby runs its own liquidator on a Morpho flash loan so this happens promptly rather than at the worst spread — but it stays open to anyone, which is what makes it reliable.