# Redeem csUSDL

### Case Study 1: Redeeming csUSDL to USDC

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

1. Swap csUSDL directly to USDC via [CoWSwap](https://swap.cow.fi/#/1/swap/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48/CSUSDL).

**Method 2: Redeem via Vault (Recommended for deposits over $1M)**

1. Withdraw wUSDL from the [Coinshift USDL vault.](https://app.morpho.org/ethereum/vault/0xbEeFc011e94f43b8B7b455eBaB290C7Ab4E216f1/coinshift-usdl)
2. Unwrap wUSDL to USDL [here](https://wrap.liftdollar.com/).
3. Swap USDL to USDC via [CoWSwap](https://swap.cow.fi/#/1/swap/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48/CSUSDL) or other integrated DEXs.

### Case Study 2: Redeeming Blue-Chip Assets (wstETH or cbBTC)

1. Repay borrowed wUSDL in the [Coinshift USDL vault.](https://app.morpho.org/ethereum/vault/0xbEeFc011e94f43b8B7b455eBaB290C7Ab4E216f1/coinshift-usdl)
2. Unlock and withdraw your blue-chip collateral (wstETH or cbBTC).