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Learn / Borrowing

Loan to value (LTV)

What you owe as a share of what you supplied.

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In plain words

LTV is your debt divided by your collateral value. Borrow $6,000 against $10,000 and your LTV is 60%.

Each market has a maximum LTV you can borrow up to, and a higher liquidation threshold where liquidation starts. The gap between them is your safety buffer.

Worked example

$15,000 borrowed against $25,000 of ETH is an LTV of 60%.

See it in the health factor calculator →

Examples use sample numbers. Estimates, not advice.