# One-Pager (what’s live now)

## OTC Preview — One-Pager (LIVE)

### What it is

Aurex offers collateralized OTC loans so you can borrow USDT, USDC, ETH, or BTC (via WBTC on Arbitrum) without selling your 0FX. Manual (form-based) flow with automatic coverage for hedged assets. Loans are open-ended as long as interest is paid and risk limits are respected.

### Who it’s for

Advanced users, funds, and protocol partners comfortable with an OTC process and a ≤24h SLA.

### What’s live

* **Collateral:** 0FX (on-chain)
* **Borrowed assets (LIVE):** USDT, USDC, ETH, BTC (WBTC)
* **Automatic coverage** for USDT/USDC/BTC loans (market funding passed through)
* **Per-position addresses** (deposit / repayment)
* **Processing:** ≤24h (business hours)
* **Open-ended loans** with risk monitoring

### Key parameters (current targets)

* **Network:** Arbitrum
* **LTV (USDT/USDC/BTC loans):** up to 35–40% of 0FX collateral value (hedged)
* **LTV (ETH loans):** up to 70–80% (no USD/BTC hedge needed)
* **Action window:** 24h to add collateral or repay if thresholds are hit

### Fees (at a glance)

* **Base APR:** \~4%/year on the borrowed amount (subject to change)
* **Coverage funding (USDT/USDC/BTC):** market rate (variable, passed through)
* **Execution costs:** chain fees + swap/hedge costs
* **Liquidation fee:** sized to cover market impact

### How it works (4 steps)

1. Submit the OTC Request Form (wallet, amount, asset, duration intent).
2. We price risk and share per-position addresses.
3. You deposit 0FX; we cover exposure where needed and disburse USDT/USDC/ETH/BTC.
4. Add/remove collateral or repay anytime; on full repayment, collateral is released.

### Transparency & contact

* **On-chain proofs** (tx hashes) for collateral and disbursements
* **Governance liquidity trace** (periodic updates)
* **OTC desk:** <contact@0fx.xyz>


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