Morpho | weETH/USDC market

weETH/USDC

77%

Chainlink - weETH / eETH Exchange Rate (0.5%), Chainlink - ETH / USD (0.15%), Chainlink - USDC / USD (0.3%)

Total Supply (USDC)

119.76k

$119.75k

Liquidity (USDC)

2.09M

$2.09M

Rate

12.58

Overview

Collateral Token

weETH

Loan Token

USDC

Liq. Loan-To-Value (LLTV)77%

Date of Creation01/06/2024

Total Borrow (USDC)

93.90k

Native Rate

12.71%

MORPHO

-0.12%

Vault Listing	Curator	Total Supply	Supply Share
Seamless USDC Vault	Gauntlet	23.56M USDC $23.56M	64.08%
Ionic Ecosystem USDC	Gauntlet	3.94M USDC $3.93M	22.80%
Re7 USDC	RE7 Labs	2.88M USDC $2.88M	7.04%
IndeFi USDC		204.75k USDC $204.73k	3.77%
Ionic Ecosystem USDC	Gauntlet	63.62k USDC $63.61k	1.00%
SageFlow Frontier USDC		0.01 USDC $0.01	0.00%
SageFlow Flagship USDC		0.01 USDC $0.01	0.00%
Gauntlet USDC Core	Gauntlet	7.21M USDC $7.21M	0.00%
testdnu		< 0.01 USDC $< 0.01	0.00%
Elixir Capital USDC		10.52 USDC $10.52	0.00%

Oracles

Oracle Address

0xaacb...FAB0

Last Oracle Price (weETH / USDC)

1 weETH = 2061.08 USDC

2.39%

Base Asset (weETH)

0x0000...0000

Base Asset Feed 1

0x35e9...c181

Parsed Description

weETH / eETH Exchange Rate (0.5%)

Base Asset Feed 2

0x7104...Bb70

Parsed Description

ETH / USD (0.15%)

Quote Asset (USDC)

0x0000...0000

Quote Feed 1

0x7e86...bc6B

Parsed Description

USDC / USD (0.3%)

Oracles

Instantaneous Rates

Instantaneous Rate

12.60%

Interest Rate Model

0x4641...2687

Target utilization

90.00%

Current utilization

78.40%

Liquidations

Liq. Loan-To-Value (LLTV)

77%

Liq. Penalty

7.41%

Realized Bad Debt (USDC)

< 0.01

Unrealized Bad Debt (USDC)

< 0.01

Collateral at risk

Oracle price change

Date & Time	Collateral Seized	Loan Repaid	Realized Bad Debt
6 days ago	< 0.01 weETH $< 0.01	< 0.01 USDC $< 0.01	0.00 USDC
6 days ago	0.15 weETH $306.78	276.98 USDC $276.93	0.00 USDC
last week	< 0.01 weETH $7.97	7.09 USDC $7.09	0.00 USDC
last week	< 0.01 weETH $15.95	14.19 USDC $14.19	0.00 USDC
last week	< 0.01 weETH $< 0.01	< 0.01 USDC $< 0.01	< 0.01 USDC $< 0.01
last week	< 0.01 weETH $< 0.01	< 0.01 USDC $< 0.01	< 0.01 USDC $< 0.01
last week	< 0.01 weETH $< 0.01	< 0.01 USDC $< 0.01	< 0.01 USDC $< 0.01
last week	< 0.01 weETH $< 0.01	< 0.01 USDC $< 0.01	< 0.01 USDC $< 0.01
last week	0.20 weETH $436.03	397.20 USDC $397.12	0.00 USDC
2 weeks ago	< 0.01 weETH $0.03	0.03 USDC $0.03	0.00 USDC

Market Activity

Suppliers

Supplier	Total Supply	Supply Share
	76,798.18 USDC $76.79k	64.12%
	27,329.11 USDC $27.32k	22.81%
	8,444.18 USDC $8443.35	7.05%
	4,526.30 USDC $4525.86	3.77%
	1,538.40 USDC $1538.25	1.28%
	1,200.72 USDC $1200.60	1.00%
	1.05 USDC $1.05	< 0.01%

Borrowers

Total Loan	Total Collateral	LTV / LLTV	Borrow Share
45,881.12 USDC $45.87k	41.07 weETH $83.07k	54.15% / 77%	48.86%
20,347.44 USDC $20.34k	19.20 weETH $38.84k	51.36% / 77%	21.66%
10,617.03 USDC $10.61k	49.04 weETH $99.20k	10.49% / 77%	11.30%
4,826.34 USDC $4825.86	6.10 weETH $12.34k	38.33% / 77%	5.13%
3,910.92 USDC $3910.54	3.66 weETH $7417.41	51.7% / 77%	4.16%
3,577.27 USDC $3576.92	3.27 weETH $6616.24	53.02% / 77%	3.80%
1,824.26 USDC $1824.08	1.63 weETH $3304.19	54.14% / 77%	1.94%
415.02 USDC $414.98	0.32 weETH $663.74	61.31% / 77%	0.44%
320.51 USDC $320.48	0.30 weETH $606.83	51.79% / 77%	0.34%
254.77 USDC $254.74	0.27 weETH $554.80	45.03% / 77%	0.27%

Warnings

Hardcoded Oracle

Market is using a hardcoded oracle feed

Low Liquidity

Market has low total supply

Warnings

Supply Collateral weETH

Borrow USDC

My collateral position (weETH)

0.00

My loan position (USDC)

0.00

LTV / Liquidation LTV

/ 77%