Borrow against IXS
Teller pools accept IXS, the IX Swap token, as collateral on Ethereum at up to 20% LTV, lending USDC at 15% APR, well under the 25% that long-tail collateral usually costs. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| IXS | Ethereum | 20% | 15% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
An infrastructure token for tokenized securities
IX Swap builds trading venues for security tokens and other real-world assets, the layer that sits between an issuer and someone who wants to trade what the issuer put on-chain. IXS is the token attached to it, and the pool quoting terms above lends USDC against it on Ethereum.
That places IXS on the same side of the market as the tokenized equities Teller already accepts as collateral. Those pages cover depositing a tokenized share; this one covers depositing a stake in the machinery that lists them.
The rate is well under the long-tail norm
This row quotes 15% APR against a 20% ceiling. Long-tail collateral on Base generally starts at 25% and climbs. The gap is what an operator charges for an asset with a longer trading history behind it, and over a 30-day cycle it turns into a materially smaller repayment on the same principal.
Interest is pro-rated for the days you hold the loan, so read the annual number as roughly a twelfth for the term. That is the figure to weigh against whatever the dollars are being used for.
Check the ticker carefully
IXS is a short symbol, and short symbols collide. The pool accepts 0x73d7c860998ca3c01ce8c808f5577d94d545d1b4 on Ethereum and rejects anything else at the deposit, so start from the row in the table rather than from a search by name. That applies with more force here than on a token whose ticker is a whole word.
The loan
Deposit IXS, receive USDC, repay or roll on the due date. Rate, LTV and the roll window all lock when the loan opens, and the pool holds the collateral until you close it out. 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. Mainnet gas applies twice, once on the approval and once on the borrow.
See tokenized equities for the assets on the other side of this market, and WLFI for the other Ethereum row in this rate band.
Frequently asked questions
A venue for trading security tokens and other real-world assets, sitting between an issuer and a buyer. IXS is the token attached to it.
0x73d7c860998ca3c01ce8c808f5577d94d545d1b4 on Ethereum. Short tickers collide across projects, so start from the row in the table rather than searching by name.
It is well under it. Long-tail rows on Base generally start at 25% APR, and this one sits materially lower, which over a 30-day cycle is a noticeably smaller repayment on the same principal.
It sits on the other side of the same market. Those pools take a tokenized share as collateral, while this one takes a stake in the infrastructure that lists such assets.
No. There is no liquidation threshold during the term, so a price move changes nothing about what you owe. Missing the due date forfeits the collateral.
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.