Borrow against DOGE
Teller pools on BNB Chain accept Binance-peg DOGE as collateral at up to 25% LTV, lending USDC at 15% APR. The Dogecoin chain runs no smart contracts, so a pegged token on BNB Chain is how DOGE works as collateral. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| DOGE | BNB Chain | 25% | 15% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
How a Dogecoin holder borrows at all
The Dogecoin chain runs no smart contracts, so it hosts no lending. A holder who wants dollars without selling has to move the exposure somewhere that does, and Binance-peg DOGE on BNB Chain is one of the few routes that exists.
Teller pools take it at 25% LTV and 15% APR, lending USDC against 0xba2ae424d960c26247dd6c32edc70b295c744c43. That is the answer to a question most people assume has none.
This is not native Dogecoin
The token is a claim on DOGE held by the issuer, not the coin itself, and the two live on different chains entirely. Sending real DOGE to a BNB Chain address loses it. Convert through an exchange or a bridge that supports the peg, and check you hold the BNB Chain token before you approach a pool.
The peg also means an extra counterparty for the term of the loan, alongside the pool itself. That is the cost of making a non-programmable asset usable as collateral.
A conservative ceiling for a liquid asset
25% is well under what bitcoin earns on the same chain, despite DOGE trading heavily. The gap reflects volatility rather than obscurity: it can move a long way in the space of a term, and the operator holds the collateral through all of it.
The loan
Deposit the token, receive USDC, repay or roll on the due date. Gas on BNB Chain costs cents. 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.
Bitcoin on the same chain is on the BTCB page, and cbXRP solves the same problem for XRP.
Frequently asked questions
Not on its own chain, which runs no smart contracts and hosts no lending. Binance-peg DOGE on BNB Chain moves the exposure somewhere a Teller pool can hold it.
No. It is a claim on DOGE held by the issuer, on a different chain. Sending real DOGE to a BNB Chain address loses it, so convert through an exchange or a bridge that supports the peg.
An additional counterparty for the term of the loan, alongside the pool. That is the cost of making a non-programmable asset usable as collateral.
Volatility rather than obscurity. DOGE can move a long way inside a term, and the operator holds the collateral through all of it.
Cents in gas on BNB Chain across the approval and the borrow, plus the quoted rate and the 2% marketplace fee these BNB Chain pools charge.
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.