Let users borrow against their crypto, without selling it
A stablecoin credit line backed by ETH, BTC, or stablecoins.
No credit check. No tax event from selling. Pair it with a card for offramp.
Borrow against crypto, keep the upside.
Selling crypto to raise cash is a taxable event in most places, and it means giving up the upside. Borrowing against it is not. Your user keeps the asset, posts it as collateral, and draws a USDC credit line against it.
Compass makes that a product you can ship. Your user deposits ETH, BTC, or stablecoins as collateral, borrows USDC against it, and repays to unlock the collateral. Compass prepares each on-chain transaction. Your user's wallet authorises it. No credit check, because the loan is backed by the collateral, not a score.
This is becoming the anchor feature for apps building on Compass. Borrow, then spend through a connected debit or credit card, and the loan turns into everyday liquidity.
Post collateral. Draw the line.
Your user deposits ETH, BTC, or a stablecoin into their Credit Account. It stays on-chain, in their control.
Compass prepares a borrow transaction against the collateral. Your user signs, and USDC lands in their wallet. Bundle deposit and borrow into one signature.
Offramp through a connected card, or use the USDC on-chain. Repay any time to unlock the collateral. Track the health factor through the same API.
Backed by the largest on-chain money markets.
Money marketAave V3The largest on-chain money market. Collateral is supplied and USDC is borrowed against it, with a transparent, on-chain health factor.
Modular vaultsEulerIsolated lending vaults with their own risk parameters. The same credit line, drawn from the vault that suits the collateral.
User-ownedCredit AccountCollateral and debt sit in the user's own Credit Account. Compass surfaces loan-to-value and liquidation threshold through the API so your app can warn users early.
Live borrow rates, set by the market.
The live USDC borrow rate and the collateral your users can post, read from the Compass API. LTV and liquidation threshold are set by the underlying market.
| Collateral | Borrow | Earns while posted |
|---|---|---|
WETHWrapped Ether | USDC | 1.3% |
cbBTCCoinbase Wrapped BTC | USDC | 0.1% |
WBTCWrapped Bitcoin | USDC | 0.3% |
wstETHLido Staked ETH | USDC | ~0% |
USDCUSD Coin | USDC | 3.9% |
USDTTether | USDC | 3.5% |
Live from Aave V3 via the Compass API. Borrow rate, LTV, and liquidation threshold are set by the market and returned live. Available across Ethereum, Base, Arbitrum, BNB Chain, and HyperEVM.
The platform under the credit line.
Collateral never moves through Compass. We prepare borrow and repay transactions, your user signs.
Your users keep custody. Always.Charge a custom fee on every loan originated through your app.
Read the docsYour users borrow and repay without holding ETH. You cover the gas, and they sign off-chain.
Read the docsDeposit collateral and draw the line in one signature, atomic.
Read the docsLoan balance, interest accrued, repayment history, and liquidation risk.
Read the docsOne integration, the rest of DeFi.
Loans, answered.
What LTV can a user borrow at?
Set by the underlying market per collateral type, and returned live by the API. Compass does not hard-code it.
What if the collateral drops in value?
If the loan nears the liquidation threshold, it can be liquidated by the protocol, the same as borrowing directly. The Risk Dashboard surfaces the health factor early.
Is there a credit check?
No. The loan is over-collateralised, so there is no score, no application, and no waiting.
Is this custodial?
No. Collateral sits in the user's own Credit Account. The user's wallet signs.
Ship crypto-backed credit in days.
A USDC credit line backed by ETH, BTC, or stablecoins, through one non-custodial API. No credit check, monetised, live in days.