What is loan-to-value ratio (LTV)?

LTV (%) = Loan Amount ÷ Value of Collateral. This ratio determines the amount of crypto collateral you need to post in order to take out a loan, and needs to be maintained over the life of your loan. You can choose to exceed the minimum collateral amount to protect against a margin call and having to top up your collateral or make a payment to get back to your initial LTV.