Aave V4 opens USDC loans against Coinbase stock tokens on Base
- —Aave on Base has accepted seven Coinbase stock tokens as USDC collateral since Sept. 25
- —Mag-7 spoke caps: $21 million USDC draw, $32 million USDC add
- —Chainlink feeds hold Friday prices until Sunday evening, so positions can turn liquidatable in one update
- —Collateral factors range from 65% to 79%; maximum liquidation bonus is 5.5%
Why it matters: It is the first major lending market backed by tokenized equities, and any weekend gap losses fall on opt-in USDC suppliers.
Source: CryptoSlate