Vaults
Variable Rate Markets
Fixed Rate Markets
Vaults
Variable Rate Markets

Variable Rate Markets

Lend and borrow at variable rates in Morpho Markets.

    Variable Rate Markets

    Lend and borrow at variable rates in Morpho Markets.

    Total Outstanding Loans$5,185,969,402
    NetworkLoanCollateralLLTVTrusted byTotal BorrowTotal LiquidityBorrow Rate (6h)Lend Rate (6h)
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    USDC
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    cbBTC
    86.00%
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    +11
    1.42B USDC$1.42B
    171.69M USDC$171.63M
    4.80%
    4.31%
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    USDC
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    USDe
    4.75%
    91.50%
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    324.32M USDC$324.21M
    37.27M USDC$37.26M
    4.06%
    3.65%
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    USDG
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    USDe
    4.75%
    91.50%
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    307.54M USDG$307.52M
    34.05M USDG$34.04M
    4.02%
    3.61%
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    USDC
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    cbBTC
    86.00%
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    +17
    305.79M USDC$305.69M
    40.21M USDC$40.20M
    4.55%
    4.02%
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    RLUSD
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    kBTC
    86.00%
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    184.53M RLUSD$184.50M
    20.57M RLUSD$20.57M
    3.07%
    2.76%
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    PYUSD
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    PRIME
    86.00%
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    161.46M PYUSD$161.43M
    20.03M PYUSD$20.02M
    4.77%
    4.23%
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    PYUSD
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    kBTC
    86.00%
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    139.15M PYUSD$139.12M
    25.88M PYUSD$25.88M
    3.56%
    2.99%
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    USDT
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    wstETH
    2.24%
    86.00%
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    +10
    114.72M USDT$114.67M
    19.80M USDT$19.79M
    2.94%
    2.50%
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    USDC
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    WBTC
    86.00%
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    +15
    111.72M USDC$111.68M
    14.63M USDC$14.63M
    4.56%
    4.02%
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    USDG
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    syrupUSDG
    91.50%
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    106.76M USDG$106.75M
    13.13M USDG$13.13M
    4.04%
    3.59%
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    RLUSD
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    weETH
    2.47%
    86.00%
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    96.06M RLUSD$96.05M
    10.43M RLUSD$10.43M
    4.20%
    3.78%
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    PYUSD
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    sUSDe
    4.56%
    91.50%
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    93.96M PYUSD$93.94M
    11.05M PYUSD$11.05M
    4.06%
    3.63%
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    USDC
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    PT-reUSD-10DEC2026
    91.50%
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    +4
    92.63M USDC$92.59M
    11.36M USDC$11.36M
    9.44%
    8.51%
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    WETH
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    wstETH
    2.24%
    96.50%
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    +6
    35.17k WETH$90.69M
    6927.97 WETH$17.86M
    1.81%
    1.54%
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    USDC
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    WETH
    86.00%
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    +7
    85.09M USDC$85.06M
    171.61M USDC$171.55M
    4.91%
    4.41%
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    USDT
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    WBTC
    86.00%
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    +8
    73.90M USDT$73.87M
    12.98M USDT$12.97M
    2.94%
    2.50%
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    PYUSD
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    weETH
    2.47%
    86.00%
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    67.35M PYUSD$67.34M
    7.64M PYUSD$7.64M
    4.51%
    4.04%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    56.43M USDT$56.40M
    7.26M USDT$7.26M
    2.76%
    2.44%
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    PYUSD
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    syrupUSDC
    4.87%
    91.50%
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    54.70M PYUSD$54.69M
    7.86M PYUSD$7.86M
    4.45%
    3.88%
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    USDC
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    cbXRP
    62.50%
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    +3
    48.83M USDC$48.81M
    7.69M USDC$7.69M
    6.11%
    5.47%
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    WETH
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    wstETH
    94.50%
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    16.76k WETH$43.22M
    1897.06 WETH$4.88M
    1.71%
    2.89%
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    PYUSD
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    PST
    86.00%
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    40.49M PYUSD$40.48M
    4.51M PYUSD$4.51M
    5.73%
    5.14%
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    USDC
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    WHYPE
    77.00%
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    37.64M USDC$37.63M
    4.90M USDC$4.90M
    6.75%
    5.76%
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    USDC
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    aHYPER
    77.00%
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    34.48M USDC$34.47M
    5.00M USDC$5.00M
    8.68%
    8.63%
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    WETH
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    wstETH
    2.24%
    94.50%
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    +4
    12.93k WETH$33.34M
    8573.60 WETH$22.10M
    1.69%
    1.40%
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    USDC
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    AA_FalconXUSDC
    77.00%
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    +7
    32.75M USDC$32.74M
    3.50M USDC$3.49M
    6.98%
    6.29%
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    USDT
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    cbBTC
    86.00%
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    +3
    30.44M USDT$30.43M
    33.28M USDT$33.27M
    2.95%
    2.51%
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    USDG
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    mGLO
    91.50%
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    28.51M USDG$28.51M
    2.91M USDG$2.91M
    5.50%
    4.98%
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    USDC
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    wstETH
    2.24%
    86.00%
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    +14
    28.23M USDC$28.22M
    3.95M USDC$3.95M
    4.54%
    4.02%
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    USDC
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    PST
    86.00%
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    27.02M USDC$27.01M
    3.73M USDC$3.72M
    6.46%
    5.66%
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    PYUSD
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    mWIN
    77.00%
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    24.37M PYUSD$24.37M
    2.67M PYUSD$2.67M
    1.70%
    1.53%
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    USDC
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    mF-ONE
    91.50%
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    +7
    22.87M USDC$22.86M
    3.42M USDC$3.42M
    6.48%
    5.74%
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    USDC
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    mGLO
    91.50%
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    21.95M USDC$21.94M
    3.02M USDC$3.01M
    5.55%
    4.98%
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    WETH
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    weETH
    2.47%
    94.50%
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    +5
    8103.16 WETH$20.89M
    1148.82 WETH$2.96M
    1.80%
    1.57%
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    USDC
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    wFalconX
    91.50%
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    +5
    20.78M USDC$20.78M
    9.45M USDC$9.45M
    5.55%
    4.89%