BorrowingMainCore34 transactions
Collateral
$16.1M
+1+ $216.5K supplied · not collateral
incl. $2.6K interest since 15 Jun 2026
Debt
$3.6M
incl. $33.6K interest since 15 Jun 2026
3.77% USDG borrow rate
Health factor
3.52
Liquidates on a 72% drop
72% from liquidation
This position holds $16.3M of collateral in WETH, wstETH, WBTC, cbBTC and USDG against $3.6M of debt in USDG and frxUSD:
•
Aave V4 counts each collateral at its collateral factor, the share of its value that backs debt, about 78% 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 $12.6M of debt.
•
Health factor of 3.52: the $12.6M of debt the collateral can carry, divided by the debt owed. The event cards show the collateral ratio (collateral ÷ debt) instead: times 78% it gives the health factor, so a 128% 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 72% (a correlated drop across every asset) before the health factor reaches 1.00.
•
About $9M more of debt could be drawn before the position reaches a 1.00 health factor, the liquidation point.
•
Net interest to date is −$36.5K — $2.6K earned in supply interest (0.00092 WBTC, 157.0948 USDG, 0.932 WETH and 0.0000454 cbBTC) against $39.1K paid in borrow interest (24,162 USDG, 9,481 frxUSD, 4,836 USDT and 627.8186 USDC).
•
The most recent USDG borrow rate recorded on this spoke was 3.77%.
•
The debt changed asset over the position’s life: its USDT debt was repaid; its USDC debt was repaid, and the USDG and frxUSD debt is what remains.
•
Across 34 transactions, debt peaked at $5M.
•
Of the 34 events recorded on this spoke, 2 were sent through a position manager, contracts acting for the owner with its approval: 0xe68a…42be.
34 events
Supply, 4 Oct 2026216K: 215,935 USDG into the position
216KSupply216K
34
Repay, 23 Sep 2026300K: 299,995 frxUSD into the position
300KRepay300K
33
Repay, 23 Sep 2026300K: 299,998 frxUSD into the position
300KRepay300K
32
Borrow, 22 Sep 2026: 200,000 USDG to the wallet
200K
Borrow200K
31
Borrow, 20 Sep 2026: 300,000 USDG to the wallet
300K
Borrow300K
30
Repay, 20 Sep 2026
5.1K: 5,124 USDT into the position
5.1KRepay5.1K
29
Repay, 4 Aug 2026799K: 799,487 USDT into the position
799KRepay799K
28
Repay, 4 Aug 2026
0.0286: 0.0286 USDC into the position
0.0286Repay0.0286
27
Repay, 4 Aug 2026301K: 300,628 USDC into the position
301KRepay301K
26
Withdraw, 4 Aug 2026: 50 WBTC to the wallet
50
Withdraw50
25
Withdraw, 4 Aug 2026: 3 WBTC to the wallet
3
Withdraw3
24
Withdraw, 23 Jul 2026: 200 WETH to the wallet
200
Withdraw200
23
Supply, 21 Jul 2026450: 450 USDG into the position
450Supply450
22
Borrow, 18 Jul 2026: 300,000 USDC to the wallet
300K
Borrow300K
21
Repay, 18 Jul 2026500K: 500,000 USDC into the position
500KRepay500K
20
Borrow, 18 Jul 2026: 500,000 USDC to the wallet
500K
Borrow500K
19
Repay, 18 Jul 2026500K: 500,226 USDT into the position
500KRepay500K
18
Supply, 29 Jun 202612.95: 12.95 WBTC into the position
12.95Supply12.95
17
Borrow, 29 Jun 2026: 1,000,000 USDT to the wallet
1.0M
Borrow1.0M
16
Borrow, 29 Jun 2026: 605,000 USDG to the wallet
605K
Borrow605K
15
Supply, 29 Jun 202666: 66 WBTC into the position
66Supply66
14
Enable Supply, 25 Jun 2026
13: 13 cbBTC into the position
EnableSupply13
13
Enable Supply, 25 Jun 2026333: 333 WETH into the position
EnableSupply333
12
Supply, 25 Jun 202620: 20 WBTC into the position
20Supply20
11
Borrow, 15 Jun 2026: 150,000 frxUSD to the wallet
150K
Borrow150K
10
Borrow, 15 Jun 2026: 600,000 USDG to the wallet
600K
Borrow600K
9
Enable Supply, 15 Jun 2026713.53: 713.53 wstETH into the position
EnableSupply713.53
8
Borrow, 15 Jun 2026: 300,000 USDT to the wallet
300K
Borrow300K
7
Borrow, 15 Jun 2026: 1,000,000 frxUSD to the wallet
1.0M
Borrow1.0M
6
Supply, 15 Jun 202661.15: 61.15 WBTC into the position
61.15Supply61.15
5
Borrow, 15 Jun 2026: 1,000,000 USDG to the wallet
1.0M
Borrow1.0M
4
Supply, 15 Jun 202633: 33 WBTC into the position
33Supply33
3
Borrow, 15 Jun 2026: 300,000 USDG to the wallet
300K
Borrow300K
2
Enable Supply, 15 Jun 202610: 10 WBTC into the position
EnableSupply10
1