Asymmetry USDaf Review: What to Check Before Borrowing
USDaf is Asymmetry Finance’s Ethereum borrowing product, where users can set fixed loan rates against BTC and yield-bearing stablecoins. Check current collateral support, fees, liquidation terms and audit scope before committing funds.
By the SkyBitcoins review team · Updated
At a glance
Asymmetry USDaf key facts
| Type | Synthetic stablecoin and CDP borrowing product |
|---|---|
| Chain | Ethereum |
| Borrowing | Fixed-rate loans; BTC and yield-bearing stablecoins cited |
| Audits | Two listed; scope and findings unspecified |
| Token | ASF |
| Value locked | $318K−9.1% 7d |
| Updated |
Asymmetry USDaf FAQs
What is Asymmetry USDaf?
USDaf is a synthetic stablecoin associated with Asymmetry Finance. The protocol description says users can open collateralized debt positions (CDPs) with BTC and yield-bearing stablecoins to borrow at fixed rates.
What does borrowing with USDaf cost?
The product promotes user-set fixed interest rates, but USDaf does not publish the rates or other borrowing costs in the project details here. Confirm the rate, any protocol fees and repayment terms in the app before opening a position.
Is Asymmetry USDaf safe to use?
Two audits are listed, but their names, scope and findings are not specified. Before depositing, verify the current collateral options, liquidation rules, contract addresses and audit reports; borrowing against collateral can result in liquidation if your position falls below required thresholds.
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How we checked
Sources
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