Vaults
Variable Rate Markets
Fixed Rate Markets
Vaults
Variable Rate Markets

Variable Rate Markets

Lend and borrow at variable rates in Morpho Markets.

DocumentationAPIMCP

Variable Rate Markets

Lend and borrow at variable rates in Morpho Markets.

All variable rate markets

NetworkLoanCollateralLLTVTrusted byOutstanding LoansTotal LiquidityBorrow Rate (6h)Lend Rate (6h)
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USDC
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cbBTC
86.00%
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+14
1.53B USDC$1.53B
172.72M USDC$172.71M
4.92%
4.42%
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USDC
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USDe
4.75%
91.50%
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351.69M USDC$351.67M
38.90M USDC$38.90M
4.16%
3.74%
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USDG
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USDe
4.75%
91.50%
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+1
317.51M USDG$317.51M
33.96M USDG$33.96M
4.47%
4.02%
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USDC
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cbBTC
86.00%
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+17
303.73M USDC$303.71M
38.38M USDC$38.37M
4.77%
4.24%
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RLUSD
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kBTC
86.00%
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212.70M RLUSD$212.68M
22.35M RLUSD$22.35M
3.99%
3.61%
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USDC
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cirBTC
86.00%
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+5
194.22M USDC$194.21M
700.80k USDC$700.76k
0.95%
1.40%
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PYUSD
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PRIME
86.00%
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186.41M PYUSD$186.38M
23.68M PYUSD$23.68M
4.99%
4.42%
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PYUSD
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kBTC
86.00%
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144.46M PYUSD$144.44M
15.96M PYUSD$15.96M
4.13%
3.65%
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USDT
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wstETH
2.34%
86.00%
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+10
120.88M USDT$120.87M
34.14M USDT$34.14M
3.22%
2.50%
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USDG
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syrupUSDG
91.50%
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119.14M USDG$119.15M
13.81M USDG$13.81M
4.06%
3.63%
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USDC
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WBTC
86.00%
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+15
116.01M USDC$116.00M
16.00M USDC$16.00M
5.01%
4.43%
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USDC
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PT-reUSD-10DEC2026
91.50%
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+5
98.89M USDC$98.88M
13.52M USDC$13.52M
8.30%
7.27%
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RLUSD
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weETH
2.01%
86.00%
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94.27M RLUSD$94.27M
12.77M RLUSD$12.77M
4.24%
3.72%
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USDC
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WETH
86.00%
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+7
94.16M USDC$94.16M
10.57M USDC$10.57M
4.97%
4.46%
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PYUSD
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sUSDe
4.84%
91.50%
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92.26M PYUSD$92.25M
11.32M PYUSD$11.32M
4.19%
3.72%
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USDT
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WBTC
86.00%
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+9
78.41M USDT$78.41M
22.28M USDT$22.28M
3.22%
2.50%
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WETH
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wstETH
2.34%
96.50%
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+6
27.59k WETH$74.36M
6925.82 WETH$18.66M
1.94%
1.55%
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PYUSD
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PST
86.00%
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58.92M PYUSD$58.91M
6.09M PYUSD$6.09M
7.79%
7.04%
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USDC
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cbXRP
62.50%
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+3
57.27M USDC$57.27M
16.73M USDC$16.73M
6.24%
5.59%
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PYUSD
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syrupUSDC
5.19%
91.50%
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55.92M PYUSD$55.92M
8.99M PYUSD$8.99M
4.48%
3.84%
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USDT
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sUSDS
3.53%
96.50%
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54.28M USDT$54.28M
6.86M USDT$6.86M
3.03%
2.68%
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RLUSD
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USDe
4.75%
91.50%
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45.60M RLUSD$45.59M
4.39M RLUSD$4.39M
3.21%
2.78%
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USDC
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weETH
2.01%
86.00%
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37.04M USDC$37.04M
21.26M USDC$21.26M
4.87%
4.34%
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USDC
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mGLO
91.50%
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+1
34.78M USDC$34.78M
7.96M USDC$7.96M
5.58%
5.00%
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USDC
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aHYPER
77.00%
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34.37M USDC$34.37M
6.70M USDC$6.70M
8.53%
9.34%
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USDC
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PST
86.00%
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32.53M USDC$32.53M
5.32M USDC$5.32M
6.50%
5.57%
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USDC
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wstETH
2.34%
86.00%
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+14
29.31M USDC$29.30M
4.96M USDC$4.96M
4.84%
4.35%
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USDG
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mGLO
91.50%
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29.16M USDG$29.16M
3.13M USDG$3.13M
5.50%
4.95%
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WETH
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wstETH
94.50%
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10.76k WETH$28.98M
1585.23 WETH$4.26M
1.74%
4.55%
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PYUSD
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weETH
2.01%
86.00%
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28.36M PYUSD$28.36M
4.05M PYUSD$4.05M
5.26%
4.58%
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USDC
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PT-USD3-17DEC2026
86.00%
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+2
23.21M USDC$23.20M
3.90M USDC$3.90M
8.46%
8.17%
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USDC
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mF-ONE
91.50%
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+7
22.26M USDC$22.26M
3.88M USDC$3.88M
6.69%
5.85%
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USDC
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wFalconX
91.50%
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+5
21.68M USDC$21.68M
8.30M USDC$8.30M
5.55%
4.95%
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USDC
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PT-USDat-14JAN2027
91.50%
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21.33M USDC$21.33M
2.19M USDC$2.19M
7.93%
9.45%
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WETH
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wstETH
2.34%
94.50%
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+5
7597.11 WETH$20.47M
1549.92 WETH$4.17M
1.90%
1.57%
Outstanding Loans$5,626,288,582