Borrow against TOSHI
Teller pools on Base accept TOSHI as collateral at up to 21.1% LTV, lending USDC at 25% APR, and it carries one of the deeper memecoin books on the platform. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| TOSHI | Base | 21.1% | 25% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
One of the deeper memecoin books on the platform
TOSHI sits well above most of the Base long tail in what its pool will lend, which makes it one of the few tokens on that list where a loan of real size is straightforward rather than theoretical. Teller quotes 21.1% LTV at 25% APR, against the token at 0xac1bd2486aaf3b5c0fc3fd868558b082a531b2b4.
Named for the cat, not issued by the exchange
TOSHI is a community token on Base, and the name is a nod rather than an affiliation. Nothing about it is issued, backed or operated by Coinbase, which is worth stating plainly because the association leads people to assume a guarantee that does not exist. The tokens on this platform that Coinbase does issue are cbBTC, cbXRP and cbETH, each on its own page.
Ticker collisions are the real risk at the deposit
Base carries multiple tokens for most popular names, and a community token with a recognisable one attracts imitations. The pool accepts the single contract above and rejects everything else, so start from the row in the table rather than from a search. That check costs a moment and prevents the one mistake that cannot be undone.
The loan
Deposit TOSHI, receive USDC on Base, repay or roll on the due date. Gas across the approval and the borrow costs cents. Rate, LTV and the roll window lock when the loan opens and the protocol 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.
Compare the rest on the Base memecoin page or DEGEN.
Frequently asked questions
No. It is a community token on Base and the name is a nod rather than an affiliation. The tokens Coinbase does issue here are cbBTC, cbXRP and cbETH.
Start from the row in the table. Base carries multiple tokens for most popular names, and the pool accepts one contract address, rejecting everything else at the deposit.
More easily than against most of the Base long tail, since its pool carries one of the deeper books on that list. The table shows the live ceiling and rate.
Cents in gas on Base across the approval and the borrow, plus the quoted rate and a 1% marketplace fee.
Nothing happens to the loan. There is no liquidation threshold during the term, so your obligation on the due date is unchanged.
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.