Variable Rate Lending
We are excited to announce that variable interest lending is now live on Derive. You can now borrow USDC against a variety of collaterals, including:
- weETH, rsETH, rswETH
- LBTC
- sUSDe, USDe
- cbBTC
Key Features:
- Competitive Interest Rates: Benefit from variable rates that adjust with market conditions, potentially lowering your borrowing costs.
- Flexible Leverage: Amplify your holdings by borrowing against your assets, achieving 2-3x leverage to enhance potential returns.
- Increased Yield Potential: Borrow at competitive rates and reinvest in higher-yielding assets to boost your overall returns.
- Risk Management with Options: Combine borrowing with options strategies to hedge against market volatility and gain better control over your investments.
- User-Friendly Interface: Our updated UI simplifies borrowing and lending, making capital management more accessible and efficient.
Borrowing and lending have always been integral to Derive's protocol. With our updated user interface, these features are now more accessible and user-friendly than ever before. Every collateral added to Derive automatically benefits from perpetuals and options margin, USDC borrowing, and soon, spot trading.
These updates streamline capital management, making it easier for you to maximize your borrowing and trading potential.