Multi-Collateral USDC Borrowing is now live.
Increase your earning potential, and maximize your Avantis XP. Powered by Morpho.
Multi-Collateral USDC borrowing is now live on Avantis, powered by Morpho — an open infrastructure protocol for onchain loans. Here’s what this integration enables for liquidity providers and traders on Avantis.
Multi-Collateral Trading
Now, traders can directly borrow USDC on Avantis against their idle ETH, BTC and altcoin portfolio to simply continue doing what they do best: Trade perpetuals !
Pay back seamlessly in one bundled transaction after your trade is complete. Increased USDC gives traders access to increased leverage and exposure, without ever selling your crypto assets. This means more earnings and more trading XP.
Boosted Avantis XP + yields
With our Morpho integration, liquidity providers on Avantis can double down on their LP deposits by borrowing USDC against their idle Bitcoin or ETH.
Depending on factors like the LP’s lock duration, market conditions & yields (both Avantis’ deposit yields, and Morpho’s borrowing APY), LPs can potentially earn net positive yield on their borrowed USDC, along with boosted Avantis XP!
Leverage on leverage, both for traders and liquidity providers.
Supported Markets
Currently Avantis has integrated several markets that support USDC loans on Base. This includes:
- cbETH (yield bearing)
- wstETH (yield bearing)
- cbBTC
- ETH
However, we’ll launch several new markets soon, giving our users the ability to leverage their entire crypto portfolio on Base to borrow USDC and maximize their potential.
Getting started
For an in-depth explanation of how the integration works, check out our comprehensive docs: https://docs.avantisfi.com/morpho-integration/getting-started
About Avantis
Avantis is a an onchain leveraged trading and market-making platform for RWAs and crypto. Trade crypto, forex and commodities with up to 500 leverage, or power trades on the platform as a liquidity provider. Avantis gives advanced risk management tools to traders and liquidity providers for the use and provision of trading leverage. Avantis is built on Coinbase’s Base blockchain, and is backed by industry leading investors such as Pantera, Founders Fund, Galaxy Digital and Coinbase Ventures.
