Loan's Three Solana Borrowing Markets List $575,000 in Combined Caps
Photo: TokenPost
Loan’s three Solana borrowing markets use Pyth collateral pricing and carry a combined $575,000 borrowing cap, with each market listed as “Cap reached” under different collateral and liquidation rules. The three Solana borrowing markets let users borrow USD Coin (USDC) against dogwifhat (WIF), Pump (PUMP) or Wrapped SOL (WSOL). The WSOL market has a $350,000 cap, the PUMP market a $150,000 cap and the WIF market a $75,000 cap. Borrowers can take out loans worth up to 70% of their collateral’s value in the WSOL market, 62% in PUMP and 49% in WIF.
Source: TokenPost
