> For the complete documentation index, see [llms.txt](https://docs.primefi.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.primefi.xyz/product/borrow.md).

# Borrow

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Check [Market Status](/security/market-status.md). Borrowing is unavailable while the selected market is paused.
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PrimeFi lets users borrow supported assets against eligible supplied collateral. Borrowing capacity depends on collateral value, each reserve's risk parameters, current debt, oracle prices, and available liquidity. If a position's Health Factor falls below `1`, it becomes eligible for liquidation; reserve liquidation thresholds are inputs used to calculate that Health Factor.

As verified on 16 September 2026, all PrimeFi v2 reserves on Base, HyperEVM, and XDC support **variable-rate borrowing only**. Stable-rate borrowing and rate switching are disabled. Variable debt accrues through each reserve's variable borrow index and is represented by vdTokens.

Before borrowing, review:

* [How to Borrow](/product/borrow/how-to-borrow.md)
* [Borrowing Eligibility](/product/borrow/borrowing-eligibility.md)
* [Health Factor](/product/borrow/health-factor.md)
* [Loan Repayment](/product/borrow/loan-repayment.md)
* [Liquidations](/product/borrow/liquidations.md)
* [Flash Loans](/product/borrow/flash-loans.md)
* [Interest Rate Model](/product/borrow/interest-rate-model.md)
* [vdTokens](/product/borrow/vdtokens.md)

Maintain a Health Factor buffer and verify current on-chain parameters. UI estimates can become stale as prices, interest, liquidity, and reserve state change.