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Borrow against your Pepe in Australia.

Keep your PEPE. Get AUD straight to your Australian bank account, and repay whenever it suits you.

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PEPE logo
Authorised Credit Representative - ASIC - AUSTRAC
Member of the Australian Financial Complaints Authority (AFCA)
Ranked #3 CeFi lender in total loan volume
by Galaxy Research, Q2 2026
Dedicated

Australian team

Need funds but don't want to sell your Pepe ?

You can borrow against it instead. With a Nexo Credit Line, your PEPE stays in your account as collateral, and you receive Australian dollars straight to your bank account, or USDT/USDC if you prefer. There are no fixed repayment dates and no minimum instalments, so you repay when it suits you. Once you've repaid, your full PEPE balance is yours to use again. Australians can choose between two loan types within the same Nexo Credit Line: Smart, based on your collateral, or Standard, based on your income.

Ways Australians can use the PEPE Credit Line.

Spend without selling

Cover bills or a big purchase in $A while your PEPE stays put.

Fund a business goal

Put A$ to work in your business without selling the PEPE you've built up.

Bridge a short-term gap

Borrow for a few weeks or months and repay as soon as your cash comes in. There's no fixed schedule to stick to.

Smart or Standard: two ways to borrow against your PEPE.

Details
Borrow against PEPE
Up to 30% LTV
Annual interest rates (any LTV)
From 7.9% discounted rate to 16.9% standard rate. Rates subject to change.
Annual interest rates
(LTV below 20%)
As low as 0.9% discounted rate
Loan size
US$50 – US$2,000,000
If PEPE falls
If your LTV reaches the liquidation threshold, Nexo sells just enough of your ETH to bring your loan back to health.
Payout currency
Stablecoin (USDC / USDT) or A$
Eligible collateral
14 digital assets
Repayments
Any time, in full or in part

How borrowing against PEPE works.

Add your PEPE

Move PEPE into your Nexo account. Don't hold any yet? You can buy PEPE with AUD in the Nexo app or web platform first.

Choose Smart or Standard

Pick the loan type that fits your goals. Nexo runs a responsible lending assessment.

Receive A$ or stablecoins

Withdraw AUD straight to your Australian bank account, or take USDT/USDC to your Nexo account.

Lower your BTC borrowing rate with Wealth Club.

The higher your Wealth Club tier, the lower your Credit Line rate.

Learn more
Smart Credit LineStandard Credit Line
Wealth TierRegular rateDynamic rate (<20% LTV)Regular rateDynamic rate (<20% LTV)
Base (Default)16.9%not included21.9%not included
Classic12.9%not included16.9%not included
Premier9.9%2.9%13.9%6.9%
Elite8.9%1.9%11.9%4.9%
Signature7.9%0.9%9.9%2.9%
Rates subject to change.

See how much PEPE you’d need to unlock AUD

Enter the amount in A$ you want, and we’ll show you how much PEPE you’d need as collateral

USD
Ethereum logoETH50% LTV
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What happens to your loan if the PEPE price drops?

Your loan-to-value (LTV) is what you owe divided by your collateral's value. Borrow A$3,000 against A$10,000 of PEPE and your LTV is 30%. If that PEPE drops to A$8,000, it rises to 37.5%. You're always in control of bringing it back down.

Add more crypto

Adding more crypto assets raises the value of your collateral, so the same loan becomes a smaller share of it and your LTV drops straight away.

Add stablecoins to your collateral

Stablecoins like USDT and USDC are designed to track the US dollar, so their value isn't tied to PEPE. Adding some brings your LTV down and gives your loan more breathing room if the PEPE price dips.

Swap part of your PEPE

Rebalance without adding new funds. Swap some of your PEPE collateral into another supported asset, such as a stablecoin, so less of it moves with the PEPE price.

Repay part of your loan

Paying back even part of what you owe brings your LTV down. Repay any time, in AUD, crypto or stablecoins.

Borrowing against PEPE: Nexo vs DeFi lending.

DeFi lending protocols let you borrow against PEPE too. Here's how the experience compares for someone in Australia who needs AUD.

Nexo Credit LineDeFi lending protocols

What you receive

A$ to your Australian bank account, or USDT/USDC
Crypto or stablecoins to your wallet. Converting to A$ means a separate exchange step

Managing your loan

In the Nexo app or web platform, with a local team, available to help 24/7
You manage it yourself through a smart contract, keeping your "health factor" above the liquidation level

Costs to get started

No origination fee. You pay interest only on what you borrow
Network (gas) fees on each on-chain transaction

Your rate

Set by your Wealth Club Tier and LTV
Variable, and moves with supply and demand in the lending pool

If PEPE falls

Smart: automatic partial repayment. Standard: at least 30 days' notice first
Third-party liquidators can repay part of your debt and claim your PEPE plus a liquidation bonus

Assessment and support

Responsible lending checks, plus AFCA membership
Permissionless, with no lending assessment

See more assets you can use as collateral.

Bitcoin logoBTCBorrow against Bitcoin
50% LTV
Ethereum logoETHBorrow against Ethereum
50% LTV
Tether logoUSDTBorrow against Tether
90% LTV
USD Coin logoUSDCBorrow against USD Coin
90% LTV
XRP logoXRPBorrow against XRP
30% LTV
Solana logoSOLBorrow against Solana
30% LTV
BNB logoBNBBorrow against BNB
30% LTV
Cardano logoADABorrow against Cardano
30% LTV
Chainlink logoLINKBorrow against Chainlink
30% LTV
Ethena logoENABorrow against Ethena
30% LTV
SUI logoSUIBorrow against SUI
30% LTV
Dogecoin logoDOGEBorrow against Dogecoin
30% LTV
Rates depend on your Wealth Club tier and LTV, and are subject to change.

Frequently asked questions.

How quickly can I get A$ after borrowing against my PEPE?

Assessment happens in real time, and most clients receive funds within hours. You can withdraw A$ straight to your Australian bank account, or take USDT or USDC to your Nexo account if you'd like to stay in crypto.

Can I use PEPE together with other assets as collateral?

Yes. You can combine PEPE with other supported digital assets in a single Credit Line. Your credit limit is based on the total value of everything you've added, with each asset counting towards it at its own LTV.

Can I repay my loan with PEPE instead of A$?

Yes. You can repay in A$, with stablecoins, or with crypto, including part of your PEPE collateral. Repay in full or in part, whenever it suits you. Your available credit refreshes as you repay.

Can I take some PEPE back while my Credit Line is open?

Yes, as long as your loan stays healthy. If your LTV is comfortably below your limit, you can withdraw part of your PEPE collateral without closing the Credit Line.

How does Wealth Club affect my PEPE borrowing rate?

Wealth Club is Nexo's loyalty program, and your Wealth Tier sets your Credit Line rate. Everyone starts on Base, which has the standard rate, and each tier above it unlocks a lower one. From Premier up, keeping your LTV below 20% unlocks an even lower rate. Rates are subject to change.

What do I need to reach each Wealth Tier?

You can reach a tier in one of two ways: hold a set amount of NEXO Tokens, or have a minimum portfolio size with a set share of it in NEXO Tokens. Classic: a portfolio over US$5,000 with 10% in NEXO Tokens, or at least 50,000 NEXO Tokens. Premier: a portfolio over US$100,000 with 10% in NEXO Tokens, or at least 500,000 NEXO Tokens. Elite: a portfolio over US$1 million with 8% in NEXO Tokens, or at least 1 million NEXO Tokens. Signature: at least 2 million NEXO Tokens.

What happens if I no longer meet my tier's requirements?

Your Wealth Tier stays in place for seven days, giving you time to meet the requirements again before your tier, and your Credit Line rate, changes.

What is the NEXO Token used for?

The NEXO Token is a utility and loyalty token that unlocks benefits on the Nexo platform, including lower Credit Line rates, higher crypto cashback, reduced fees, withdrawal discounts and more benefits.