Borrow against BRETT
Teller pools accept BRETT as collateral on Base at up to 21.1% LTV, lending USDC at 25% APR. The ceiling sits above the thinner Base rows because BRETT trades across more venues, so less collateral backs each dollar borrowed. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| BRETT | Base | 21.1% | 25% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
Listings are what buy a wider ceiling
BRETT clears more of its value than most of the Base list, and the reason is not sentiment about the token. A pool operator setting a ceiling is asking one question: if this collateral is forfeited, how much of it can be sold, how fast, and at what slippage. Every extra venue that quotes a market improves the answer.
BRETT trades in more places than most of the chain’s tokens, including venues outside Base, so the exit is wider. That earns 21.1% against the 16.7% and 20% that thinner rows carry, at 25% APR.
What the difference is worth in practice
Turn the ceiling upside down and it becomes collateral per dollar borrowed. A 16.7% row wants six dollars behind each one. This row wants closer to five. On a loan of any size that is a meaningful chunk of a position staying in your wallet rather than going into the pool for a month.
The rate, meanwhile, sits with the rest of the Base band. So this row is the same monthly cost as its neighbours with less collateral tied up, which is usually the trade worth taking when the two numbers move apart.
Start from the row, not from a search
The pool takes 0x532f27101965dd16442e59d40670faf5ebb142e4 and rejects everything else at the deposit. Base carries several tokens per popular ticker and a name this recognisable attracts more copies than most, so open the row in the table and start from the address it gives you.
What the fixed term covers
A memecoin position on a venue that can liquidate you is a bet that the drawdown arrives after you can react. Here there is no such bet. Rate, LTV and the roll window lock when the loan opens, the pool holds the collateral until you repay or roll, and every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral. Miss the due date and the collateral is forfeit. Base gas is cents on both transactions.
KTA carries the widest Base ceiling, and the Base list has the rest.
Frequently asked questions
Teller does, through a Base pool lending USDC against 0x532f27101965dd16442e59d40670faf5ebb142e4. Major money markets list around thirty assets and do not include it.
It trades across more venues, which means forfeited collateral could be sold faster and with less slippage. Operators set the ceiling against that, not against how they feel about the token.
Divide one hundred by the ceiling above. A narrower 16.7% row asks for six dollars of collateral per dollar borrowed; this one asks for closer to five.
No. The loan has no liquidation threshold during the term, so the drawdown passes through without changing what you owe. Only the due date matters.
Tickers repeat on Base, and a recognisable name attracts copies. The pool accepts one contract address and rejects the rest at the deposit, so start from the row in the table.
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.