Borrow against Base memecoins

Collateral nobody else takes

Aave lists around thirty assets. Teller pools list well over a hundred, and this is where most of the difference sits: Base tokens that no major lending protocol will touch, each with a pool operator willing to lend USDC against it.

Each row above is a live pool quoting its own ceiling and rate, read at the timestamp shown. Compare them side by side and pick the one that fits the loan you want.

Where the settings cluster

Base pools store their requirement as a collateral ratio. Five hundred percent is by far the most common setting across the rows here, with the rest spread between four hundred and six hundred and fifty. Five hundred means five dollars of collateral per dollar borrowed, or a fifth of the deposit as the loan.

Wrapped bitcoin and ether sit outside that band entirely, at a hundred and fifty to two hundred percent, on the same chain and often from the same operators. The distance between those two groups is the clearest measure of how differently the two kinds of asset are graded.

The rates span the widest range on the platform

The Base rows run from about fifteen percent APR at the cheap end to the mid fifties at the dear end, which is a spread no other network here comes close to. The blue-chip rows on the same chain quote about one percent.

Both numbers follow from how fast an asset moves, since an operator setting terms is judging how quickly it could sell the collateral. A faster-moving token supports a smaller loan at a higher rate. Borrow well inside the ceiling anyway, because the repayment is fixed in dollars while the collateral is not.

Two pools run a seven-day term

Nearly every pool on Base runs a thirty-day payment cycle. Two run seven days instead, and those same two charge a marketplace fee of half a percent where the rest charge one percent. BNKR is one of them.

A shorter cycle means the due date arrives sooner and the roll comes round more often, which is a different commitment rather than a cheaper one. Read the term off the row before you sign, not off the chain.

The fixed term is worth more here than anywhere

On a liquidation-based venue, a memecoin position can be closed out by a drawdown before you can react. These assets move 30% in a session often enough that the bet loses regularly, and the forced sale lands at the worst price of the move.

Rate, LTV and the roll window lock when a Teller loan opens, and the pool holds the collateral until you repay or roll. A drawdown mid-loan does not change what you owe. Miss the due date and the collateral is forfeit.

Practical notes

Every pool here sits on Base, so gas across the approval and the borrow costs cents. Each pool accepts one specific contract address, and Base carries plenty of tokens sharing a ticker, so start from the row rather than by symbol. The pools take DEGEN at 0x4ed4e862860bed51a9570b96d89af5e1b0efefed and TOSHI at 0xac1bd2486aaf3b5c0fc3fd868558b082a531b2b4, and a lookalike at any other address will fail the deposit. Loans are paid out in USDC.

Looking for deeper books? WETH and cbBTC carry the platform’s cheapest rates, and the full list covers everything else.