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.

    Outstanding Loans$5,417,297,832
    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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    +12
    1.48B USDC$1.48B
    170.44M USDC$170.41M
    4.79%
    4.30%
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    USDC
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    USDe
    5.00%
    91.50%
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    349.45M USDC$349.41M
    40.70M USDC$40.69M
    4.05%
    3.62%
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    USDC
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    cbBTC
    86.00%
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    +17
    305.22M USDC$305.18M
    33.09M USDC$33.08M
    4.99%
    4.49%
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    USDG
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    USDe
    5.00%
    91.50%
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    298.94M USDG$298.95M
    38.63M USDG$38.63M
    4.15%
    3.70%
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    RLUSD
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    kBTC
    86.00%
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    198.96M RLUSD$198.96M
    21.02M RLUSD$21.01M
    3.67%
    3.31%
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    PYUSD
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    PRIME
    86.00%
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    182.82M PYUSD$182.80M
    25.36M PYUSD$25.36M
    4.87%
    4.29%
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    USDC
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    cirBTC
    86.00%
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    +5
    154.09M USDC$154.07M
    25.70M USDC$25.70M
    -0.47%
    0.08%
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    PYUSD
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    kBTC
    86.00%
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    151.86M PYUSD$151.85M
    10.99M PYUSD$10.99M
    4.76%
    4.34%
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    USDT
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    wstETH
    2.29%
    86.00%
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    +10
    115.69M USDT$115.67M
    11.85M USDT$11.84M
    4.62%
    4.19%
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    USDC
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    WBTC
    86.00%
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    +15
    115.08M USDC$115.06M
    12.41M USDC$12.41M
    5.11%
    4.60%
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    USDG
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    syrupUSDG
    91.50%
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    112.40M USDG$112.40M
    13.82M USDG$13.82M
    4.11%
    3.67%
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    USDC
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    PT-reUSD-10DEC2026
    91.50%
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    +4
    97.61M USDC$97.60M
    18.92M USDC$18.92M
    7.60%
    6.31%
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    RLUSD
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    weETH
    2.07%
    86.00%
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    94.45M RLUSD$94.45M
    10.46M RLUSD$10.46M
    4.20%
    3.77%
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    PYUSD
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    sUSDe
    4.90%
    91.50%
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    92.75M PYUSD$92.74M
    10.56M PYUSD$10.56M
    4.08%
    3.65%
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    USDC
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    WETH
    86.00%
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    +7
    88.80M USDC$88.78M
    9.99M USDC$9.99M
    4.83%
    4.33%
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    WETH
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    wstETH
    2.29%
    96.50%
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    +6
    32.65k WETH$87.77M
    3789.36 WETH$10.18M
    2.01%
    1.81%
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    USDT
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    WBTC
    86.00%
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    +9
    77.07M USDT$77.05M
    7.51M USDT$7.51M
    4.63%
    4.20%
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    PYUSD
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    weETH
    2.07%
    86.00%
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    66.71M PYUSD$66.71M
    6.84M PYUSD$6.84M
    5.82%
    5.26%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    57.27M USDT$57.26M
    6.10M USDT$6.10M
    3.08%
    2.76%
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    USDC
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    cbXRP
    62.50%
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    +3
    52.71M USDC$52.70M
    20.02M USDC$20.01M
    6.20%
    5.53%
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    PYUSD
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    syrupUSDC
    4.86%
    91.50%
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    51.36M PYUSD$51.35M
    5.51M PYUSD$5.51M
    5.14%
    4.63%
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    WETH
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    wstETH
    94.50%
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    15.99k WETH$42.95M
    1828.90 WETH$4.91M
    1.71%
    3.02%
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    PYUSD
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    PST
    86.00%
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    40.82M PYUSD$40.82M
    4.20M PYUSD$4.20M
    7.33%
    6.62%
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    USDC
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    aHYPER
    77.00%
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    34.38M USDC$34.37M
    3.45M USDC$3.45M
    12.49%
    12.48%
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    USDC
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    AA_FalconXUSDC
    77.00%
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    +7
    32.79M USDC$32.78M
    3.68M USDC$3.68M
    6.45%
    5.78%
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    WETH
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    wstETH
    2.29%
    94.50%
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    +5
    10.94k WETH$29.41M
    1114.93 WETH$2.99M
    2.25%
    2.04%
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    USDC
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    wstETH
    2.29%
    86.00%
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    +14
    28.54M USDC$28.54M
    4.80M USDC$4.80M
    4.99%
    4.49%
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    USDG
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    mGLO
    91.50%
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    28.54M USDG$28.54M
    2.98M USDG$2.98M
    5.50%
    4.97%
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    USDC
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    PST
    86.00%
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    28.22M USDC$28.21M
    3.02M USDC$3.02M
    7.60%
    6.84%
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    RLUSD
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    USDe
    5.00%
    91.50%
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    25.13M RLUSD$25.13M
    2.29M RLUSD$2.29M
    3.77%
    3.47%
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    USDC
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    mF-ONE
    91.50%
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    +7
    22.15M USDC$22.15M
    2.90M USDC$2.90M
    6.50%
    5.72%
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    USDC
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    mGLO
    91.50%
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    21.91M USDC$21.91M
    8.62M USDC$8.62M
    5.55%
    4.98%
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    USDC
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    PT-USDat-14JAN2027
    91.50%
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    21.70M USDC$21.70M
    2.06M USDC$2.06M
    9.15%
    9.42%
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    USDC
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    wFalconX
    91.50%
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    +5
    21.06M USDC$21.06M
    8.07M USDC$8.07M
    5.55%
    4.94%
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    PYUSD
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    mWIN
    77.00%
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    20.55M PYUSD$20.55M
    5.50M PYUSD$5.50M
    1.45%
    1.14%