How does lending n borrowing non-USD assets work, like ETH?

You can lend most spot assets to earn a yield. You can also borrow most spot assets, which is especially useful for shorting. If you borrow and short, your interest rate is fixed, compared to a variable rate for shorting via perps.

Here’s how: Lending n Borrowing Non-USD Assets | Loom

Read more about basic lending here: How do I lend?

2 Likes