BorrowingBluechipPrime · debt on Core15 transactions
Collateral
$3K
Debt
$1.5K
incl. $2.1 interest since 23 Sep 2026
3.80% USDG borrow rate · ~57.08 USDG/year
Health factor
1.67
Liquidates on a 40% drop
40% from liquidation
This position holds $3K of collateral in WETH and WBTC against $1.5K of debt in USDG:
•
Aave V4 counts each collateral at its collateral factor, the share of its value that backs debt, about 85% of its value here (the liquidation threshold on this card). That factor is both the borrowing limit and the liquidation line: a borrow or withdrawal goes through while the health factor stays at or above 1, and below 1 the position can be liquidated. So this collateral can carry up to $2.5K of debt.
•
Health factor of 1.67: the $2.5K of debt the collateral can carry, divided by the debt owed. The event cards show the collateral ratio (collateral ÷ debt) instead: times 85% it gives the health factor, so a 118% ratio is a health factor of 1.
•
No single asset drives liquidation here — across the collateral as a whole, its value would have to fall about 40% (a correlated drop across every asset) before the health factor reaches 1.00.
•
About $1K more of debt could be drawn before the position reaches a 1.00 health factor, the liquidation point.
•
Interest so far: $2.1 paid in borrow interest (0.000005 USDC and 2.099 USDG), already part of the debt.
•
The most recent USDG borrow rate recorded on this spoke was 3.80%: about 57.08 USDG a year on the debt as it stands, while the rate holds.
•
The debt changed asset over the position’s life: its USDC debt was repaid, and the USDG debt is what remains.
•
Across 15 transactions, supply peaked at $3K.
•
Of the 15 events recorded on this spoke, 4 were sent through a position manager, contracts acting for the owner with its approval: 0xe68a…42be.
15 events
Borrow, 4 Oct 2026: 500 USDG to the wallet
500
Borrow500
15
Borrow, 4 Oct 2026: 500 USDG to the wallet
500
Borrow500
14
Supply, 4 Oct 20260.45: 0.45 WETH into the position
0.45Supply0.45
13
Supply, 1 Oct 20260.006: 0.006 WBTC into the position
0.006Supply0.006
12
Supply, 1 Oct 20260.006: 0.006 WBTC into the position
0.006Supply0.006
11
Borrow, 23 Sep 2026: 500 USDG to the wallet
500
Borrow500
10
Enable Supply, 19 Sep 20260.01: 0.01 WBTC into the position
EnableSupply0.01
9
Withdraw, 1 Sep 2026: 0.025 cbBTC to the wallet
0.025
Withdraw0.025
8
Enable Supply, 1 Sep 20260.025: 0.025 cbBTC into the position
EnableSupply0.025
7
Withdraw, 6 Apr 2026: 0.02 WETH to the wallet
0.02
Withdraw0.02
6
Supply, 6 Apr 20260.02: 0.02 WETH into the position
0.02Supply0.02
5
Withdraw, 6 Apr 2026: 0.02 WETH to the wallet
0.02
Withdraw0.02
4
Repay, 6 Apr 2026
15: 15 USDC into the position
15Repay15
3
Borrow, 6 Apr 2026: 15 USDC to the wallet
15
Borrow15
2
Enable Supply, 6 Apr 20260.02: 0.02 WETH into the position
EnableSupply0.02
1