# Loan-to-Value Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Loan-to-Value", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

$269 Million in Loans Flood In on the First Day, HYPE Transforms from an Exchange Token into Collateral

On September 18th, Hyperliquid launched a native lending feature, allowing users to borrow USDC and USDT using HYPE or BTC as collateral. On the first day, borrowing volume reached $269 million, a top-tier launch in DeFi lending history. Concurrently, HYPE hit a new all-time high of $92.56. Key parameters include a 65% Loan-to-Value (LTV) ratio for HYPE and 50% for BTC, with an 82.5% liquidation threshold for HYPE. The protocol signals confidence in HYPE by setting its LTV higher than Bitcoin's. The substantial borrowing is likely driven by: 1) recursive leverage loops (depositing HYPE to borrow more and buy more HYPE), 2) supplementing perpetual contract margins on Hyperliquid's DEX, and 3) arbitrage and market-making activities. The first use case introduces significant reflexive risk, where HYPE price movements can create vicious cycles of buying or forced liquidations. This launch marks a pivotal shift for HYPE from a pure exchange token to a foundational "on-chain collateral" asset, akin to ETH's role in DeFi, potentially altering its valuation framework. Critical metrics to watch include borrowing utilization rates, the proportion of loans backed by HYPE versus BTC, and the outcome of any future large-scale liquidation events, which will test the system's resilience.

marsbit09/20 02:55

$269 Million in Loans Flood In on the First Day, HYPE Transforms from an Exchange Token into Collateral

marsbit09/20 02:55

BTCLOAN Launches Platform for Bitcoin-Backed Lending

BTCLOAN has launched an international lending platform where owners of Bitcoin and other cryptocurrencies can obtain loans using their assets as collateral without needing to sell them. The platform aggregates offers from institutional lenders, allowing borrowers to compare terms and choose the most suitable option. Typically, the loan amount ranges from 65% to 70% of the collateral's value. A dynamic LTV (Loan-to-Value) assessment system is employed, considering factors such as the user's repayment history, blockchain activity, and the status of the collateral assets. Users with a successful repayment history may qualify for more favorable terms. The platform's infrastructure features verifiable asset custody, proof of reserves, and automated identity verification. Users also receive notifications via WhatsApp for any required margin top-ups. Loans are available in US dollars and USDT. Acceptable collateral includes BTC, ETH, XRP, SOL, and other digital assets. Service partners include Tether, Galaxy, Cantor, Arch Lending, Lendary Asia, Ant Alpha, and Equities First.

cryptonews.ru09/07 16:01

BTCLOAN Launches Platform for Bitcoin-Backed Lending

cryptonews.ru09/07 16:01

Arch Lending Adds Tokenized Gold to Its List of Collateral Assets

Crypto lending platform Arch Lending, managed by ChainFi, has now begun accepting tokenized gold assets PAX Gold (PAXG) and Tether Gold (XAUT) as collateral for cryptocurrency loans. The initial loan-to-value (LTV) ratio is set at up to 75%. These loans, typically offered for a 12-month term, are managed within a regulated custody framework. Borrowers can receive funds in U.S. dollars or USDC, while the collateral assets are securely held by Anchorage Digital, a qualified custodian bank for institutional clients. Each PAXG token, issued by Paxos, and each XAUT token, issued by TG Commodities Limited, represents one troy ounce of physical gold, stored in vaults operated by Brink's and in Switzerland, respectively. Together, these tokens dominate the tokenized gold market. Arch Lending aims to serve gold investors, financial advisors, commodity traders, family offices, and corporate treasuries with this new offering. The minimum loan amount is $250,000, with interest rates starting from 9.25% per annum for smaller loans and from 7.25% for loans exceeding $5 million.

cryptonews.ru09/02 16:21

Arch Lending Adds Tokenized Gold to Its List of Collateral Assets

cryptonews.ru09/02 16:21

Spending Without Selling: Galaxy Turns BTC, ETH, SOL Into Personal Lines of Credit

On August 25th, Galaxy Digital launched a Crypto Portfolio Line of Credit on its GalaxyOne retail platform. Users can borrow USD or USDC at a fixed 8.99% APR using a mix of BTC, ETH, and SOL (including staked SOL) as collateral. The initial loan-to-value ratio is 50%, and the service is currently available in 40 U.S. states. Galaxy emphasizes that client collateral will not be rehypothecated, and staked SOL will continue to earn rewards. This product targets high-net-worth individuals, family offices, and founders who hold significant crypto assets but seek liquidity without triggering capital gains taxes by selling. Key features include combined collateral across multiple assets, acceptance of staked SOL, and flexible fund usage for expenses, investments, or trading within GalaxyOne. The launch occurs amidst a contracting crypto-backed lending market, which declined to $56.16 billion in Q2 2026. Galaxy's entry, led by BlockFi's former founder Zac Prince, positions itself with a safety-first promise of no rehypothecation, directly addressing failures seen in 2022. However, risks remain for borrowers, including potential margin calls if collateral values drop significantly and the ongoing cost of the 8.99% interest rate. The product is most advantageous during bullish markets where asset appreciation outweighs interest costs, functioning best as a short-term liquidity tool rather than a long-term leverage strategy.

marsbit08/28 02:10

Spending Without Selling: Galaxy Turns BTC, ETH, SOL Into Personal Lines of Credit

marsbit08/28 02:10

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