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Loan's Three Solana Borrowing Markets Use Pyth Collateral Pricing

Loan's Three Solana Borrowing Markets Use Pyth Collateral Pricing

Photo: TokenPost

Three Solana borrowing markets on Loan use Pyth pricing to value dogwifhat (WIF), Pump (PUMP) and Wrapped SOL (WSOL) collateral for USD Coin (USDC) loans, linking loan limits and liquidations to each asset’s price. Loan lists the three markets under Solana and labels them “Powered by Pyth.” Each market accepts one collateral token and has its own loan-to-value ratio, which limits borrowing relative to collateral value, and a threshold at which liquidation can begin. All three markets showed “Cap reached” when checked.

Source: TokenPost

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