We’re excited to announce the launch of the EIGEN/USDC market on Ethereum mainnet, now live on Kabu USDC.
For EIGEN Holders
You can now use your EIGEN tokens as collateral to borrow USDC directly on Ethereum mainnet. This unlocks new liquidity options without needing to sell your position or bridge to other chains.
Whether you’re looking to access capital for new opportunities, manage short-term liquidity needs, or leverage your position, the EIGEN/USDC market provides a new tool for the EigenLayer community.
About Kabu USDC
Kabu USDC aims to make liquidity available on markets that others avoid. We do this by leveraging Api3’s OEV infrastructure for precise oracle updates during volatile conditions, combined with Morpho’s partial liquidation design to handle risk more gracefully than traditional all-or-nothing liquidation mechanisms.
This approach allows us to safely support high-quality assets that typically lack established lending venues.