Leverage
your exposure to
cBTC
$0.00
Collateral Price
$0.00
Max LTV
83.3%
1.1x
leverage
Total Debt
0.00 nUSD
LTV
0.00%
Total Exposure
0.00 cBTC
Liquidation price
0.00
Increased Liquidation Risk
Using leverage increases your exposure to the price movement of cBTC and, thus, the likelihood of being liquidated. Use with caution.
5.0
% per year
Annualized interest
0.00 nUSD
Redeemption buffer
0.00 nUSD
Open Fee Waiver
0 days
Redemption Risk
Low Risk
Understanding Redemptions
Redemptions are a key mechanism that helps maintain nUSD's $1 peg. When nUSD trades below $1, holders can redeem their tokens for collateral at market value, reducing supply and helping restore the peg.
How Redemptions Work
When redeemed, your collateral and debt are reduced proportionally, maintaining the health of your position.
Redemption Priority
Positions with lower interest rates are redeemed first, making higher rates a way to reduce redemption risk.
Managing Redemption Risk
To minimize redemption risk, consider setting an interest rate above the system average. This positions your loan further down the redemption queue.