Collateral-to-loan Ratio (CTL)
This is the ratio between the value of the collateral and the outstanding value of the stablecoin loan. It can easily be calculated by dividing the value of the collateral by that of the loan. Users should note that their CTL can change according to changes in the price of their collateral, and in changes to their loan value, which will decrease when the user repays some or all of the debt, otherwise it will gradually increase per the respective vault's stability fee.