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.

All variable rate markets

Outstanding Loans$5,754,847,704
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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+14
1.54B USDC$1.54B
171.35M USDC$171.28M
5.14%
4.62%
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USDC
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USDe
4.75%
91.50%
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351.11M USDC$350.98M
38.30M USDC$38.29M
4.38%
3.94%
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USDG
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USDe
4.75%
91.50%
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+1
322.70M USDG$322.64M
27.98M USDG$27.98M
6.71%
6.16%
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USDC
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cbBTC
86.00%
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+17
303.66M USDC$303.55M
33.19M USDC$33.18M
4.89%
4.39%
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RLUSD
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kBTC
86.00%
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212.75M RLUSD$212.75M
22.35M RLUSD$22.35M
4.06%
3.66%
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USDC
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cirBTC
86.00%
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+5
194.72M USDC$194.65M
222.91k USDC$222.83k
1.46%
1.86%
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PYUSD
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PRIME
86.00%
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186.55M PYUSD$186.46M
21.70M PYUSD$21.69M
5.00%
4.46%
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PYUSD
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kBTC
86.00%
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144.71M PYUSD$144.64M
16.00M PYUSD$15.99M
4.20%
3.78%
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USDT
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wstETH
2.23%
86.00%
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+10
122.99M USDT$122.90M
31.53M USDT$31.51M
3.15%
2.49%
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USDG
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syrupUSDG
91.50%
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121.95M USDG$121.92M
10.76M USDG$10.76M
6.54%
6.00%
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USDC
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WBTC
86.00%
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+15
115.94M USDC$115.90M
12.74M USDC$12.73M
5.11%
4.55%
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USDC
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PT-reUSD-10DEC2026
91.50%
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+5
103.77M USDC$103.73M
13.18M USDC$13.18M
8.32%
7.31%
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PYUSD
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sUSDe
4.89%
91.50%
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97.25M PYUSD$97.20M
11.74M PYUSD$11.73M
4.19%
3.73%
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USDC
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WETH
86.00%
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+7
92.30M USDC$92.26M
10.32M USDC$10.31M
4.99%
4.48%
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RLUSD
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weETH
2.48%
86.00%
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88.96M RLUSD$88.96M
18.10M RLUSD$18.10M
4.02%
3.33%
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USDT
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WBTC
86.00%
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+9
78.15M USDT$78.10M
20.18M USDT$20.16M
3.15%
2.49%
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WETH
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wstETH
2.23%
96.50%
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+6
28.66k WETH$71.04M
6120.19 WETH$15.16M
1.92%
1.58%
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PYUSD
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PST
86.00%
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58.95M PYUSD$58.92M
6.09M PYUSD$6.09M
7.95%
7.18%
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USDC
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cbXRP
62.50%
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+3
56.08M USDC$56.06M
20.28M USDC$20.27M
6.54%
5.88%
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PYUSD
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syrupUSDC
5.07%
91.50%
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55.94M PYUSD$55.91M
8.99M PYUSD$8.98M
4.42%
3.80%
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USDT
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sUSDS
3.72%
96.50%
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46.55M USDT$46.52M
14.72M USDT$14.71M
2.75%
2.16%
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RLUSD
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USDe
4.75%
91.50%
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45.08M RLUSD$45.08M
4.92M RLUSD$4.92M
3.49%
3.14%
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USDC
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weETH
2.48%
86.00%
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39.19M USDC$39.17M
16.99M USDC$16.98M
4.98%
4.46%
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USDC
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mGLO
91.50%
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+1
34.79M USDC$34.78M
7.53M USDC$7.53M
5.55%
4.97%
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USDC
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aHYPER
77.00%
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34.53M USDC$34.52M
4.26M USDC$4.26M
8.76%
9.92%
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USDC
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PST
86.00%
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34.37M USDC$34.36M
3.53M USDC$3.53M
8.17%
7.38%
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USDC
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wstETH
2.23%
86.00%
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+14
29.29M USDC$29.27M
4.95M USDC$4.95M
4.93%
4.43%
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USDG
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mGLO
91.50%
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29.17M USDG$29.16M
3.14M USDG$3.14M
5.50%
4.95%
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PYUSD
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weETH
2.48%
86.00%
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26.73M PYUSD$26.72M
5.50M PYUSD$5.50M
4.99%
4.11%
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WETH
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wstETH
94.50%
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10.49k WETH$25.91M
1184.84 WETH$2.92M
1.84%
4.65%
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USDC
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fxSAVE
91.50%
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24.31M USDC$24.31M
2.46M USDC$2.46M
4.49%
8.77%
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USDC
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PT-USD3-17DEC2026
86.00%
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+2
23.40M USDC$23.39M
3.31M USDC$3.31M
7.95%
7.70%
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USDC
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PT-USDat-14JAN2027
91.50%
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22.07M USDC$22.06M
2.72M USDC$2.72M
8.78%
10.37%
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USDC
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wFalconX
91.50%
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+5
21.69M USDC$21.68M
8.06M USDC$8.06M
5.79%
5.20%
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USDC
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mF-ONE
91.50%
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+7
20.44M USDC$20.43M
4.16M USDC$4.16M
6.51%
5.57%