Borrow Against an NFT

Before You Borrow

• Connect the Ethereum wallet that holds the NFT.
• Switch your wallet to Ethereum mainnet and keep native ETH available for gas.
• Principal and repayment settle in WETH.

Compare Offers

Open Offers next to a collection to compare available principal, LTV, and term. Use the term filters to narrow the offer book.

On Borrow, Interest shows the fixed percentage for the selected loan term. On Lend, Max APY shows the annual rate. Check the repayment amount in Details before signing.

Start a Loan

1. Open Borrow, select Ethereum, and connect the wallet that holds your NFT.
2. Choose a supported collection and a term with an available offer.
3. Select your NFT under Collateral. Check the WETH principal, fixed interest, duration, LTV, due date, and Ethereum gas estimate.
4. Open Details and confirm that You receive equals the full WETH principal. You pay no borrower activation fee or fixed minimum fee. Native ETH gas is separate.

   

5. Approve the NFT contract if prompted, then confirm the borrow transaction in your wallet.
6. Wait for the transaction to confirm, then open Portfolio to check the loan and repayment deadline.

Repayment and Default

Repay the WETH principal plus the full fixed interest before the due time. Early repayment does not reduce the interest amount.

Your loan has no price-based liquidation. If you miss the repayment deadline, you risk losing your NFT when the lender claims it.