Aave V4’s Base Equities Hub Holds About $871,000 in SPCXc Deposits

Aave’s V4 Equities Hub on Base held about $871,000 in SPCXc deposits as of Nov. 5. Eligible users outside the United States can use the certificate as collateral for USD Coin (USDC) loans. SPCXc is a Coinbase-issued certificate that reflects SpaceX Class A common stock. The market’s 55% collateral factor allows borrowers to draw up to about $55 in USDC for every $100 of SPCXc collateral. Deposits are capped at 37,000 tokens. The market is limited to eligible users in jurisdictions outside the United States, excluding U.S. users from borrowing against SPCXc there. Aave’s Equities Hub launched Sept.

Source: TokenPost