Borrow against WBNB
Teller pools on BNB Chain accept WBNB as collateral at up to 25% LTV, lending USDC at 15% 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 |
|---|---|---|---|
| WBNB | BNB Chain | 25% | 15% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
What a BNB-backed loan looks like
The BNB Chain pool quotes 25% LTV at 15% APR. At that ceiling, ten BNB supports a loan of about the figure shown above in USDC, delivered to the wallet that signs.
Gas on BNB Chain runs to cents across the wrap, the approval and the borrow, so the cost of opening the position stays well inside the interest on a short term.
BNB wraps to WBNB, and the app does it
BNB is the gas token of BNB Chain, so a pool holds it as WBNB, the ERC-20 wrapper at 0xbb4cdb9cbd36b01bd1cbaebf2de08d9173bc095c. It descends from the canonical WETH9 contract, wraps one for one, and unwraps whenever you ask, independent of any loan.
Pick BNB in the borrow sheet and Teller prepends the deposit call to the transaction batch, so you sign the wrap and then the borrow. It leaves 2.5% of the balance as BNB so the following transactions have gas. Only one WBNB address is canonical on the chain; anything else carrying the ticker is a different token and the pools will not take it.
Why the missing margin call matters more for BNB
BNB moves with exchange news, and those moves tend to arrive as a step rather than a slide. On a liquidation venue that shape is the one that closes positions at the bottom, before a top-up can land.
A Teller loan has no liquidation threshold while it runs. Rate, LTV and the roll window lock at the start and the protocol holds your WBNB until you repay or roll, so a sharp drawdown on day 12 of a 30-day loan leaves your obligation untouched. The due date is the only date that matters. Rollovers run on BNB Chain, so the term can be extended at the rate on offer that day.
Borrowing is generally not a taxable disposal in the US the way selling is; the crypto lending tax guide covers the detail.
Frequently asked questions
Either. Pick BNB in the borrow sheet and Teller prepends a WBNB deposit call to the transaction batch, so you sign the wrap and then the borrow. It leaves 2.5% of your BNB unwrapped to cover gas.
USDC, from the BNB Chain pools listed above. Funds arrive in the wallet that signed the borrow.
Nothing happens to the loan. Teller loans are fixed-term with no liquidation threshold during the term, so the drawdowns that would close a position elsewhere leave your obligation untouched.
Cents on BNB Chain, across the wrap, the approval and the borrow. The cost of opening the position sits well inside the interest on a short term.
Yes. Rollovers run on BNB Chain, so the loan can be extended at the rate on offer that day instead of repaid in full on the due date.
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.