Loan to value

When a pool-of-orders is close to the market price, maxLTV tends towards aLTV.

For each type of asset pair, we can calculate the interval of maxLTV for the pool-of-orders closest to the market price :

Asset tier aLTV pool step MaxLTV for pool closest to market price Examples
Pegged assets 98.5% 0.1% from 98.4% to 98.5% DAI/USDC, wstETH/ETH
Correlated assets 96% 1% from 95% to 96% USDM/USDC, FRAX/USDC
Volatile assets 94% 10% from 84.6% to 94% ETH/USDC, WBTC/ETH
Long-tail assets
(in V2)
92% 15% from 78.2% to 92% MKR/ETH, LINK/ETH

More information on Loan-To-Value