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)

121.51k

$121.50k

Liquidity (USDC)

1.50M

$1.50M

Rate

9.91

Overview

Collateral Token

weETH

Loan Token

USDC

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

Date of Creation01/06/2024

Total Borrow (USDC)

111.74k

Native Rate

10.20%

MORPHO

-0.29%

Vault Listing	Curator	Total Supply	Supply Share
Gauntlet USDC Core	Gauntlet	6.01M USDC $6.00M	72.05%
Seamless USDC Vault	Gauntlet	17.91M USDC $17.91M	15.56%
Ionic Ecosystem USDC	Gauntlet	6.83M USDC $6.83M	8.23%
Re7 USDC	RE7 Labs	3.97M USDC $3.97M	3.17%
Ionic Ecosystem USDC	Gauntlet	87.29k USDC $87.28k	0.97%
Elixir Capital USDC		10.46 USDC $10.46	0.00%
testdnu		< 0.01 USDC $0.00	0.00%

Oracles

Oracle Address

0xaacb...FAB0

Last Oracle Price (weETH / USDC)

1 weETH = 2826.31 USDC

1.07%

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%)

Instantaneous Rates

Instantaneous Rate

11.64%

Interest Rate Model

0x4641...2687

Target utilization

90.00%

Current utilization

91.96%

Liquidations

Liq. Loan-To-Value (LLTV)

77%

Liq. Penalty

7.41%

Realized Bad Debt (USDC)

0.00

Unrealized Bad Debt (USDC)

0.00

Collateral at risk

Oracle price change

Date & Time	Collateral Seized	Loan Repaid
last week	0.82 weETH $2207.12	2,001.34 USDC $2001.40
last week	0.28 weETH $748.33	684.77 USDC $684.79
last week	5.42 weETH $16.28k	13,362.48 USDC $13.36k
last week	3.81 weETH $11.44k	9,499.04 USDC $9499.32
last week	0.72 weETH $2235.19	2,050.84 USDC $2050.90
last week	0.03 weETH $111.09	101.99 USDC $102.00
last week	0.24 weETH $761.06	701.70 USDC $701.72
last month	0.84 weETH $2727.51	2,441.80 USDC $2441.65
2 months ago	0.22 weETH $811.72	734.36 USDC $734.33
2 months ago	< 0.01 weETH $2.82	2.57 USDC $2.57

Market Activity

Suppliers

Supplier	Total Supply	Supply Share
	87,555.59 USDC $87.54k	72.05%
	18,910.00 USDC $18.90k	15.56%
	10,008.89 USDC $10.00k	8.23%
	3,855.11 USDC $3854.78	3.17%
	1,185.79 USDC $1185.69	0.97%
	1.04 USDC $1.04	0.00%

Borrowers

Total Loan	Total Collateral	LTV / LLTV	Borrow Share
45,257.74 USDC $45.25k	41.07 weETH $115.52k	38.98% / 77%	40.49%
20,070.98 USDC $20.06k	19.20 weETH $54.02k	36.97% / 77%	17.96%
10,472.78 USDC $10.47k	10.91 weETH $30.69k	33.95% / 77%	9.37%
4,889.64 USDC $4889.22	3.43 weETH $9664.08	50.35% / 77%	4.37%
4,859.67 USDC $4859.26	5.10 weETH $14.34k	33.7% / 77%	4.34%
4,514.62 USDC $4514.23	2.91 weETH $8187.36	54.87% / 77%	4.03%
4,176.16 USDC $4175.80	2.81 weETH $7909.20	52.55% / 77%	3.73%
4,044.17 USDC $4043.82	2.49 weETH $7022.39	57.31% / 77%	3.61%
3,360.05 USDC $3359.76	2.54 weETH $7168.46	46.65% / 77%	3.00%
2,301.66 USDC $2301.47	2.08 weETH $5856.64	39.11% / 77%	2.05%

Warnings

Hardcoded Oracle

Market is using a hardcoded oracle feed

Low Liquidity

Market has low total supply

Supply Collateral weETH

Borrow USDC

My collateral position (weETH)

0.00

My loan position (USDC)

0.00

LTV / Liquidation LTV

/ 77%