Borrow against tokenized stocks
Teller pools accept 9 tokenized equity and ETF tokens as collateral on Ethereum, including Apple, Tesla, NVIDIA and Alphabet, at up to 75.2% LTV and 6% APR. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| NVDAon | Ethereum | 66.7% | 6% |
| APPLon | Ethereum | 75.2% | 6% |
| BABAon | Ethereum | 66.7% | 6% |
| COINon | Ethereum | 58.8% | 6% |
| CRCLon | Ethereum | 62.5% | 6% |
| GOOGLon | Ethereum | 69% | 6% |
| TSLAon | Ethereum | 60.6% | 6% |
| SLVon | Ethereum | 50% | 20% |
| TSLAx | Ethereum | 33.3% | 25% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
The highest collateral ceilings on the platform
APPLon carries a 75.2% ceiling, above every crypto asset Teller lists except mainnet WETH. The equity pools also quote 6% APR, a fraction of what the same operators charge against a memecoin. Equities move a few percent on a bad day where a token moves thirty, and the collateral ratios say so.
Ondo issues most of these, and the ticker convention gives it away: the ones ending in on are Ondo tokens. TSLAx comes from xStocks instead, which is why tokenized Tesla and TSLAx track one share on two very different sets of terms.
Each one has a page of its own: Apple at the widest ceiling on the platform, Alphabet just behind it, NVIDIA level with wrapped bitcoin, Alibaba as the one non-US company here, Coinbase and Circle as the two that move with crypto, and silver, which is a fund rather than a company.
Terms that hold until an operator changes them
The ceilings and the rates are the facts to compare when you are choosing what to pledge, and they hold until a pool operator changes them. Every one in the table is read live from the pool itself at the timestamp above.
Teller is one of the very few places that accepts a tokenized share as collateral at all, so the terms here exist ahead of the market that will use them. Check the amount against the loan you want, and the rest of the matrix on the full collateral list if you want a deeper book today.
What a tokenized stock is, and is not
Each token tracks the price of a share and is backed by the issuer holding the real one. It carries no voting rights and no direct claim on the company. Ondo restricts who can mint and redeem directly, so treat the redemption path as a question for the issuer rather than something the chain guarantees, and check your own eligibility before relying on it.
Every one of these pools sits on Ethereum mainnet, so budget for mainnet gas across the approval and the borrow. Check the contract before you buy: Apple trades as AAPLon at 0x14c3abf95cb9c93a8b82c1cdcb76d72cb87b2d4c and Tesla as TSLAon at 0xf6b1117ec07684d3958cad8beb1b302bfd21103f, and the xStocks version of Tesla is a different token on different pool terms.
Borrowing against them
Deposit the token, receive USDC, repay or roll on the due date. The loan does not liquidate mid-term, which lands differently for an equity token than for a memecoin: earnings gaps and single-day drawdowns that would trip a margin call on a brokerage account pass through a fixed-term loan untouched.
Gold has deeper pools than any of these. See PAXG for tokenized bullion, or the full collateral list for everything Teller accepts.
Frequently asked questions
Yes. Teller pools accept Ondo's tokenized equities, including TSLAon and AAPLon, as loan collateral on Ethereum and lend USDC against them. The table above shows the live ceiling, rate and amount for each one.
Equities move a few percent on a bad day where crypto assets move thirty. Pool operators set collateral ratios per asset, so a share token earns a tighter buffer and a bigger loan against the same value.
Ondo issues the ones ending in 'on', including AAPLon, TSLAon, NVDAon and SLVon. TSLAx comes from xStocks and is priced on separate pool terms. Each issuer holds the underlying share and the token tracks its price.
No. The token tracks the share price and carries no voting rights or direct claim on the company. Minting and redemption run through the issuer under its own eligibility rules rather than through the chain.
Nothing happens to the loan. Teller loans are fixed-term with no liquidation threshold during the term, so an earnings gap that would trip a margin call on a brokerage account passes through untouched.
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.