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.

    Total Outstanding Loans$5,292,872,053
    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
    1.46B USDC$1.46B
    174.45M USDC$174.41M
    4.91%
    4.41%
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    USDC
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    USDe
    3.64%
    91.50%
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    329.33M USDC$329.27M
    36.31M USDC$36.30M
    4.17%
    3.74%
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    USDC
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    cbBTC
    86.00%
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    +17
    309.56M USDC$309.51M
    34.43M USDC$34.43M
    5.00%
    4.50%
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    USDG
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    USDe
    4.26%
    91.50%
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    300.19M USDG$300.16M
    32.14M USDG$32.14M
    4.49%
    4.04%
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    RLUSD
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    kBTC
    86.00%
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    198.86M RLUSD$198.86M
    21.14M RLUSD$21.14M
    3.54%
    3.20%
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    PYUSD
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    PRIME
    86.00%
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    157.97M PYUSD$157.94M
    22.08M PYUSD$22.08M
    4.66%
    4.07%
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    PYUSD
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    kBTC
    86.00%
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    144.56M PYUSD$144.54M
    19.10M PYUSD$19.09M
    3.63%
    3.20%
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    USDT
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    wstETH
    2.27%
    86.00%
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    +10
    115.08M USDT$115.05M
    12.22M USDT$12.22M
    7.94%
    7.47%
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    USDC
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    WBTC
    86.00%
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    +15
    114.87M USDC$114.84M
    12.33M USDC$12.33M
    5.10%
    4.60%
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    USDG
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    syrupUSDG
    91.50%
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    111.08M USDG$111.06M
    13.56M USDG$13.56M
    4.04%
    3.59%
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    RLUSD
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    weETH
    2.05%
    86.00%
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    96.53M RLUSD$96.53M
    10.47M RLUSD$10.47M
    4.27%
    3.85%
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    USDC
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    PT-reUSD-10DEC2026
    91.50%
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    +4
    94.86M USDC$94.84M
    14.81M USDC$14.80M
    7.90%
    6.84%
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    PYUSD
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    sUSDe
    4.56%
    91.50%
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    92.34M PYUSD$92.33M
    11.83M PYUSD$11.83M
    4.05%
    3.58%
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    WETH
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    wstETH
    2.27%
    96.50%
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    +6
    34.49k WETH$91.32M
    4363.37 WETH$11.54M
    2.25%
    2.04%
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    USDC
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    cirBTC
    86.00%
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    +5
    89.54M USDC$89.53M
    60.45M USDC$60.44M
    -1.14%
    0.02%
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    USDC
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    WETH
    86.00%
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    +7
    87.79M USDC$87.77M
    174.44M USDC$174.40M
    4.92%
    4.42%
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    USDT
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    WBTC
    86.00%
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    +9
    78.19M USDT$78.17M
    7.15M USDT$7.15M
    8.12%
    7.64%
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    PYUSD
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    weETH
    2.05%
    86.00%
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    66.70M PYUSD$66.69M
    7.39M PYUSD$7.39M
    4.79%
    4.30%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    57.52M USDT$57.50M
    5.27M USDT$5.27M
    4.77%
    4.38%
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    USDC
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    cbXRP
    62.50%
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    +3
    51.64M USDC$51.63M
    6.23M USDC$6.23M
    6.19%
    5.56%
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    PYUSD
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    syrupUSDC
    4.86%
    91.50%
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    51.57M PYUSD$51.56M
    5.72M PYUSD$5.72M
    4.81%
    4.32%
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    WETH
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    wstETH
    94.50%
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    15.99k WETH$42.31M
    1831.86 WETH$4.84M
    1.71%
    2.91%
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    PYUSD
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    PST
    86.00%
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    40.81M PYUSD$40.80M
    4.20M PYUSD$4.20M
    7.21%
    6.51%
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    USDC
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    aHYPER
    77.00%
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    34.40M USDC$34.40M
    4.42M USDC$4.42M
    9.18%
    9.34%
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    USDC
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    AA_FalconXUSDC
    77.00%
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    +7
    32.78M USDC$32.77M
    3.93M USDC$3.93M
    6.43%
    5.73%
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    WETH
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    wstETH
    2.27%
    94.50%
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    +6
    11.47k WETH$30.39M
    5238.09 WETH$13.86M
    2.35%
    2.14%
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    USDG
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    mGLO
    91.50%
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    28.53M USDG$28.53M
    2.96M USDG$2.96M
    5.50%
    4.97%
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    USDC
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    wstETH
    2.27%
    86.00%
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    +14
    28.24M USDC$28.23M
    3.07M USDC$3.07M
    4.99%
    4.49%
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    USDC
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    PST
    86.00%
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    28.21M USDC$28.20M
    2.95M USDC$2.95M
    7.82%
    7.05%
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    PYUSD
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    mWIN
    77.00%
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    22.92M PYUSD$22.92M
    3.38M PYUSD$3.37M
    1.60%
    1.40%
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    USDC
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    mF-ONE
    91.50%
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    +7
    22.01M USDC$22.01M
    2.64M USDC$2.64M
    6.54%
    5.82%
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    USDC
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    mGLO
    91.50%
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    21.91M USDC$21.91M
    2.63M USDC$2.63M
    5.55%
    4.98%
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    USDC
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    wFalconX
    91.50%
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    +5
    21.05M USDC$21.05M
    7.81M USDC$7.81M
    5.55%
    4.92%
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    USDC
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    PT-USDat-14JAN2027
    91.50%
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    19.71M USDC$19.71M
    2.24M USDC$2.24M
    6.02%
    6.43%
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    USDT
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    cbBTC
    86.00%
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    +3
    18.08M USDT$18.08M
    23.43M USDT$23.42M
    8.24%
    7.77%