Page cover image

Mint csUSDL

This guide explains how to mint csUSDL using USDC or by borrowing against blue-chip assets like wstETH or cbBTC.

Case Study 1: Minting csUSDL with USDC

Method 1: Direct Swap (Recommended for deposits up to $1M)

  1. Swap USDC directly to csUSDL via CoWSwap.

Method 2: Minimize Slippage (Recommended for deposits over $1M)

  1. Swap USDC to USDL via the Curve Pool.

  2. Wrap USDL to wUSDL here.

  3. Deposit wUSDL into the Coinshift USDL vault.

  4. You’ll receive csUSDL — yield starts accruing automatically.

Case Study 2: Minting csUSDL with Blue-Chip Assets

  1. Supply wstETH or cbBTC as collateral to Coinshift USDL Markets to borrow wUSDL.

  2. Deposit wUSDL into the Coinshift USDL vault.

  3. You’ll receive csUSDL — yield starts accruing automatically.

Last updated