You could borrow against your dYdX (ethDYDX) tokens at rates as low as 11.6% APY. Open an account and transfer your ETHDYDX tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your dYdX (ethDYDX) tokens to pay off the loan if necessary. The loan itself can be in a different currency to dYdX (ethDYDX). USDT and USDC are popular loan currencies.
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