Is the titan loot based on levels

[grzechol]

Yes. See this thread for reference:

Titans: Grades, Loot Tiers, and You

Summary: This post is a summary of the epic thread that the inimitable Mai began months ago; it is being created as some things have changed since the original analysis, some new information has come to light, and Mai is no longer around to update her original post for easy information access. Titan Grades: Kill: A+: position based, rank 1 on the damage scorecard A: position based, ranks 2-5 on the damage scorecard B: ranks 6+, player must do at least 3.3% of the Titan’s HP in damage C: ran…