Decentralised Finance (DeFi)

Borrowing stablecoins against ETH

You deposit 10 ETH on a lending protocol and borrow 15,000 USDC. At what ETH price are you liquidated?

1. 01Collateral value10 × 3 000$30,000
2. 02Health factor30 000 × 82,5 % / 15 0001.65
3. 03ETH liquidation price15 000 / (10 × 82,5 %)$1,818
4. 04Room for a fall39.4 %