The Bitcoin Credit Stack
rates are percent a year, continuously compounded · figures as of 2026-10-15 · read 2026-10-16 04:01 UTC
Market › ETH → ETH

ETH → ETH

Ether collateral, ether borrowed: ether lent against staking and restaking tokens. Leverage on staking yield, measured as its own book and never added to a dollar figure.

ETH collateral
138,534 ETH
only the markets read on both sides; the debt tile covers more of them
ETH debt against ether
2,509,669 ETH
$6.13bn at the day's rate
from 17 of 106 venues
Aggregate LTV
88.9%
ether on ether, by quantity
from 17 of 106 venues
Borrow rate (ETH loans)
2.15%
paid in ether
from 17 of 106 venues
Lend rate (ETH loans)
collecting (not read yet)
lend rates are read for the dollar book only so far
Liquidates at
collecting (not read yet)
liquidation prices are computed for the dollar book only so far

As of 2026-10-16 · credit secured by ether is never added to credit secured by bitcoin.

Venues lending ether against ether — alphabetical, not a ranking
VenueEther borrowedLTVBorrow rate
Aave v3 (Arbitrum)51,996 ETH——
Aave v3 (Base)70,036 ETH——
Aave v3 (Ethereum)1.71m ETH——
Aave v3 (Linea)1,912 ETH——
Aave v3 (Mantle)6.73 ETH——
Aave v3 (MegaETH)103 ETH——
Aave v3 (Optimism)5,981 ETH——
Aave v4 (Ethereum)39,953 ETH——
Fluid Lending (Arbitrum)2,531 ETH54.9%1.94%
Fluid Lending (Base)1,332 ETH88.9%1.65%
Fluid Lending (Ethereum)67,234 ETH91.2%2.35%
Morpho Blue (Base)7,051 ETH87.8%1.74%
Morpho Blue (Ethereum)43,866 ETH88.9%1.91%
Morpho Blue (Optimism)950 ETH88.8%1.23%
Morpho Blue (Unichain)257 ETH95.4%6.51%
SparkLend (Ethereum)502,277 ETH——
Tydro (Ink)20.09 ETH——

Where a row shows no LTV or rate: ether borrowed by the accounts whose only collateral is ether, in ETH at the pool's oracle — leverage on staking yield; its LTV is not served because the same collateral also secures those accounts' dollar debt.

Ask for this by machine

REST
GET https://api.bitcoincreditstack.com/v1/market/tree?collateral=eth
MCP
get_credit_state({ collateral: "eth" })

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