crypto.loans

Ledn ETHloan: rates, LTV & how to borrow

Can I borrow against ETH on Ledn?
Yes — you can borrow against Ethereum (ETH) on Ledn at 9.25–11.9% APR with up to 50% LTV, on a third-party basis with KYC.
Borrow on Ledn

Ledn accepts Ethereum (ETH) as loan collateral. Ethereum is the second-largest cryptocurrency and powers most DeFi lending protocols. Widely accepted as collateral across both CeFi and DeFi platforms. On Ledn you can borrow USD, USDC, USDT against your ETH at 9.25–11.9% APR, up to a maximum loan-to-value of 50%, on a third-party basis.

To borrow against ETH on Ledn you open an account, complete identity verification, deposit your ETH as collateral, and draw a loan. Ledn uses a third-party model, so consider how it secures collateral before committing a large ETH position.

Ethereum's price volatility is the main driver of liquidation risk on a Ledn loan, which is why the 50% maximum LTV exists. Borrowing well below it — and adding collateral or repaying when ETH falls — keeps your position out of the liquidation zone. Ledn sources its rates on a verified, manually-tracked basis.

How to borrow against ETH on Ledn

  1. 1Create a Ledn account and complete identity verification (KYC).
  2. 2Deposit your Ethereum (ETH) as collateral.
  3. 3Choose your loan amount up to 50% LTV and receive USD, USDC, USDT.
  4. 4Repay under Ledn's terms to reclaim your ETH. Add collateral or repay early if ETH falls toward the liquidation level.

How Ledn compares for ETH

8 platforms in our index accept ETH as collateral. On borrow rate, Ledn ranks 7th of 8, behind Nexo's 1.9–18.9%. The table below puts Ledn next to its closest ETH alternatives so you can weigh rate against custody and LTV.

NexoCeFi
Borrow APR
1.9–18.9%
Max LTV
50%
KYC
Required
Custody
Third-party
Apply
CompoundDeFi
Borrow APR
2.7–6%
Max LTV
83%
KYC
No KYC
Custody
Self-custody
Apply
AaveDeFi
Borrow APR
4–8%
Max LTV
80%
KYC
No KYC
Custody
Self-custody
Apply
LednCeFi
Borrow APR
9.25–11.9%
Max LTV
50%
KYC
Required
Custody
Third-party
Apply

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Frequently asked questions

Can I borrow against ETH on Ledn?
Yes. Ledn accepts Ethereum (ETH) as collateral, letting you borrow USD, USDC, USDT against it at 9.25–11.9% APR, up to 50% loan-to-value.
What is the interest rate for a Ledn ETH loan?
Ledn's borrow APR is 9.25–11.9%. Confirm the current rate on the platform before borrowing, as terms can change.
Does borrowing against ETH on Ledn require KYC?
Yes. Ledn requires identity verification to borrow against ETH.
What happens if my ETH collateral drops in value?
If your ETH falls far enough that your loan-to-value crosses Ledn's liquidation threshold, part of your collateral can be sold to repay the loan. Keep a buffer below the 50% maximum LTV to reduce that risk.

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