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# System prepended metadata

title: What is LTV (and max LTV) ?

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# What is LTV (and max LTV) ?

LTV means loan to value. It indicates the max ratio between collateral and loan when borrowing in DeFi.

On [Kashi](https://hackmd.io/@HHK-ETH/HJzfR9vzt) the max LTV is 75%, this means that if your loan value is over 75% of your collateral value you will be at risk of [liquidation](https://hackmd.io/@HHK-ETH/what-is-a-liquidation).