Borrow against single-pool assets

One operator sets the price, and nobody undercuts them

Wrapped ether on Ethereum has several pools competing on the same collateral, and the rate you get is the cheapest of them. Every row on this page has exactly one pool, so the rate is one operator’s view and there is nothing to shop against.

That shows up in how the numbers behave. Multi-pool rows drift as operators undercut each other. A single-pool row holds its rate until the one operator changes it, which makes it more predictable and, usually, higher.

What to compare instead of the rate

Three things, in order. The ceiling, because it decides how much collateral leaves your wallet. The cycle length, because interest is charged for the days you hold the loan. And the payout asset, which is USDC on most of these and USDT on anything from HyperEVM.

Shopping the rate is the habit to drop here. There is no second quote to find, so the question is whether this row’s terms fit the loan you want, not whether they are the best available.

The assets in this position

Each has a page with its own numbers: DMT, the only one with pools on two chains, wQUIL at eight decimals, WLFI and IXS, which both price well under the long-tail norm, TON, bridged from a non-EVM network, and MOON, a forum points token that outlived its issuer’s programme.

How many pools sit behind a row

The table shows one figure per asset, folded from however many pools accept it. Wrapped ether on Ethereum folds several; each row here folds exactly one. Nothing on the page distinguishes them, which is why this distinction is worth stating rather than leaving for a reader to infer.

A practical consequence: if the single operator behind a row drains its principal, the row has no second pool to fall back on and the loan you wanted is unavailable until they refill it. On a multi-pool asset another operator usually still has capacity.

Thin markets and the fixed term

A single-pool asset usually trades thinly, and a thin market is where a forced sale lands worst. These loans carry no liquidation threshold during the term, so the price move that would close you out on another venue passes through without touching what you owe.

Deposit the collateral, receive the loan, repay or roll on the due date. Rate, LTV and the roll window are set when the loan opens. Miss the due date and the collateral is forfeit. See the full collateral list for everything else Teller accepts.