WETH / USDG

You can take your place before the money arrives

Posting collateral does not touch the lending pool, so it works whether there is $0.00 available or nothing at all. Move the LTV slider to zero and the button becomes Post collateral: your WETH goes in, no debt is created, and you owe nothing and pay nothing while you wait. The moment a supplier funds this market you borrow in a single transaction, with no approval, no queue and no allowance to set up again. Withdrawing collateral you never borrowed against is equally unconditional — you are not committing to anything by standing in line.

Info & risk

Collateral

WETH

Borrowed asset

USDG

Token

0x0Bd7D308f8E1639FAb988df18A8011f41EAcAD73

Price source

0x78F3556b67E17Df817D51Ef5a990cDaF09E8d3A9

Liquidation LTV

77.0%

Highest LTV in this app

72.0% — a margin below liquidation

Oracle behaviour

Updates around the clock.

Soft liquidation

0x9c5bca1Cc5aC228bC60c63817A1E1c95e43A2098 — opt in, and between 72.0% and 77.0% LTV the position is trimmed at a 2–4% penalty instead of the full ~12.7% incentive.

What liquidation means here

If the debt rises above 77.0% of collateral value, anyone may repay part of it and take collateral at a bonus. Cluby runs its own liquidator on a Morpho flash loan so this happens promptly rather than at the worst spread — but it stays open to anyone, which is what makes it reliable.