Borrow USDC
Choose a collateral asset and an amount. The USDC lands in the same self-custodial wallet, in one confirmed transaction.
Borrow
Borrow against what you hold.
Post cbBTC, cbETH, cbXRP, or SOL as collateral and receive USDC in one step. Your keys, your position, on Morpho Blue markets on Base.
One position
Open it, then manage it.
Manage the position
Add collateral, repay, or draw more at any time. Repay in full and the position closes, returning the collateral.
How borrowing works
Collateral in, USDC out.
- Pick collateral and amount
Choose cbBTC, cbETH, cbXRP, or SOL and how much USDC to draw. The preview shows your loan-to-value before anything moves.
- Post and borrow in one step
One confirmation posts the collateral and pays out the USDC, with the origination fee added to the loan balance.
- Watch the loan-to-value
Debt grows with the borrow rate while the collateral moves with the market. Stay under the liquidation line.
- Repay or top up anytime
Repay debt or add collateral at any time. Repay in full to close the position and release everything.
Questions about borrowing.
What collateral works, what a loan costs, and how positions unwind.
What can I use as collateral?
cbBTC, cbETH, cbXRP, or SOL. The loan always pays out in USDC on Base. See the full list on the supported assets page.
What does borrowing cost?
A 1% origination fee each time you borrow or draw more, charged in USDC and added to the debt. The position then accrues interest at the market borrow rate. Every figure is shown before you confirm.
What happens if the collateral price falls?
Your loan-to-value rises. Repay some debt or post more collateral to move back below the liquidation line. If the LTV reaches it, the collateral can be sold to cover the loan.
Do I need a credit check or a bank account?
No. The loan is over-collateralized by the assets you post, so there is no credit check and no bank rail involved.
Can I repay early or close the position?
Yes. Repay at any time, in part or in full. Repaying in full closes the position and releases all of the collateral back to your wallet.
Good to know
Before you borrow.
Cost
A 1% origination fee applies every time you borrow, charged in USDC and added to the loan balance. Interest then accrues at the market borrow rate.
Liquidation
Every market has a liquidation loan-to-value. If your LTV reaches it, the collateral can be sold to repay the debt. Keep headroom.
Custody
The position belongs to your self-custodial smart account. Mo cannot move the collateral or the debt.
Network
Loans run on Morpho Blue markets on Base, through Coinbase Developer Platform wallets.