Borrow against tokenized Apple
Teller pools accept AAPLon, Ondo's tokenized Apple share, as collateral on Ethereum at up to 75.2% LTV, the widest ceiling of any collateral on the platform, lending USDC at 6% APR. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| APPLon | Ethereum | 75.2% | 6% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
The widest ceiling on the platform
Tokenized Apple clears 75.2% of its value at 6% APR. No other collateral Teller accepts goes higher, including mainnet wrapped ether. Turn it upside down and roughly $1.33 of AAPLon backs each dollar borrowed, against four to six dollars on a Base token.
The ceiling follows Apple’s own price behaviour. An equity that moves a few percent on a heavy day supports a much larger loan per dollar than a token that can move thirty, and the operator sets the figure against exactly that.
Two spellings, one contract
The contract at 0x14c3abf95cb9c93a8b82c1cdcb76d72cb87b2d4c reports its name as “Apple (Ondo Tokenized)” and its symbol as AAPLon. Teller’s pool matrix records the same pool under APPLon, a hand-entered spelling that drifted from the token’s own.
That is worth knowing because it is the kind of mismatch that hides a row. Work from the address rather than either spelling and the question does not arise. About 15,596 AAPLon exist, which totalSupply confirms.
An earnings gap does not close the loan
A margin loan against Apple at a broker can be called when the price gaps. Apple reports quarterly, and a single session after an earnings release moves the stock more than most weeks do.
A Teller loan has no liquidation threshold during the term, so that session passes through without changing what you owe. Every loan is fixed-term with no margin-call. Miss the due date and the collateral is forfeit, which is the one date to manage.
What the token is
It tracks Apple’s share price and Ondo holds the underlying share. It carries no vote and no direct claim on the company, and minting and redemption run through the issuer under its own eligibility rules rather than through the chain. Dividends are the issuer’s handling, not the pool’s.
The pool is on Ethereum and lends USDC, so budget mainnet gas across the approval and the borrow. The rest of the set is on the tokenized stocks page.
Frequently asked questions
Yes. A Teller pool on Ethereum lends USDC against AAPLon at 0x14c3abf95cb9c93a8b82c1cdcb76d72cb87b2d4c, at the widest ceiling any collateral on the platform carries.
It follows how the asset moves. Apple shifts a few percent on a heavy day where a crypto asset can move thirty, so the same dollar of collateral supports a much larger loan.
The contract reports AAPLon. Teller's pool matrix records the same pool under APPLon, a hand-entered spelling that drifted. Both point at one contract, so work from the address.
Nothing happens to the loan. There is no liquidation threshold during the term, so a session that would trip a margin call at a broker passes through untouched. Only the due date matters.
No. The token tracks Apple's price and Ondo holds the underlying share. There is no vote and no direct claim on the company, and redemption runs through the issuer under its own eligibility rules.
Open a loan
Connect a wallet, deposit your collateral, and borrow a stablecoin. No credit check, no application.
Go to the borrow tab →No collateral to pledge? Check whether you pre-qualify for a no-collateral personal loan. Soft check, no hard pull.