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$5,073,281,948
    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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    +10
    1.41B USDC$1.41B
    168.54M USDC$168.49M
    4.91%
    4.41%
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    USDC
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    USDe
    4.74%
    91.50%
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    328.96M USDC$328.85M
    36.41M USDC$36.40M
    4.15%
    3.73%
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    USDC
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    cbBTC
    86.00%
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    +17
    306.59M USDC$306.49M
    30.73M USDC$30.72M
    5.80%
    5.26%
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    USDG
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    USDe
    4.75%
    91.50%
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    291.24M USDG$291.20M
    32.23M USDG$32.22M
    4.31%
    3.88%
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    RLUSD
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    kBTC
    86.00%
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    184.39M RLUSD$184.38M
    20.66M RLUSD$20.66M
    3.07%
    2.75%
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    PYUSD
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    PRIME
    86.00%
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    163.63M PYUSD$163.56M
    23.58M PYUSD$23.57M
    4.73%
    4.11%
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    PYUSD
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    kBTC
    86.00%
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    135.07M PYUSD$135.02M
    14.91M PYUSD$14.90M
    3.53%
    3.18%
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    USDT
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    wstETH
    2.25%
    86.00%
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    +10
    112.49M USDT$112.41M
    21.38M USDT$21.36M
    2.98%
    2.50%
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    USDC
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    WBTC
    86.00%
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    +15
    111.61M USDC$111.58M
    11.26M USDC$11.26M
    5.82%
    5.27%
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    USDG
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    syrupUSDG
    91.50%
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    101.36M USDG$101.35M
    11.25M USDG$11.24M
    4.07%
    3.66%
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    RLUSD
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    weETH
    2.49%
    86.00%
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    95.63M RLUSD$95.63M
    10.64M RLUSD$10.64M
    3.93%
    3.53%
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    PYUSD
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    sUSDe
    4.86%
    91.50%
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    93.64M PYUSD$93.60M
    11.34M PYUSD$11.33M
    4.07%
    3.62%
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    USDC
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    PT-reUSD-10DEC2026
    91.50%
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    +4
    90.48M USDC$90.45M
    11.73M USDC$11.73M
    9.06%
    8.16%
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    USDC
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    WETH
    86.00%
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    +7
    83.34M USDC$83.31M
    168.54M USDC$168.49M
    5.01%
    4.50%
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    WETH
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    wstETH
    2.25%
    96.50%
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    +5
    34.04k WETH$82.34M
    5194.79 WETH$12.56M
    1.88%
    1.64%
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    USDT
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    WBTC
    86.00%
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    +8
    72.11M USDT$72.06M
    13.94M USDT$13.93M
    2.99%
    2.50%
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    PYUSD
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    weETH
    2.49%
    86.00%
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    60.31M PYUSD$60.28M
    7.83M PYUSD$7.83M
    4.49%
    3.97%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    56.62M USDT$56.58M
    8.37M USDT$8.36M
    2.71%
    2.32%
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    PYUSD
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    syrupUSDC
    4.84%
    91.50%
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    54.14M PYUSD$54.11M
    8.10M PYUSD$8.10M
    4.49%
    3.90%
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    USDC
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    cbXRP
    62.50%
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    +3
    47.45M USDC$47.43M
    5.72M USDC$5.72M
    6.23%
    5.60%
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    WETH
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    wstETH
    94.50%
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    16.90k WETH$40.92M
    1889.17 WETH$4.57M
    1.71%
    2.88%
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    PYUSD
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    PST
    86.00%
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    38.91M PYUSD$38.90M
    4.24M PYUSD$4.24M
    5.99%
    5.39%
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    USDC
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    WHYPE
    77.00%
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    38.88M USDC$38.87M
    5.55M USDC$5.55M
    6.92%
    6.01%
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    USDC
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    aHYPER
    77.00%
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    34.66M USDC$34.64M
    3.77M USDC$3.77M
    8.98%
    9.08%
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    USDC
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    AA_FalconXUSDC
    77.00%
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    +7
    32.73M USDC$32.72M
    4.61M USDC$4.61M
    7.50%
    6.78%
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    USDG
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    mGLO
    91.50%
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    28.50M USDG$28.50M
    2.86M USDG$2.86M
    5.50%
    4.99%
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    USDT
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    cbBTC
    86.00%
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    +3
    27.69M USDT$27.67M
    34.79M USDT$34.77M
    3.03%
    2.58%
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    USDC
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    wstETH
    2.25%
    86.00%
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    +14
    27.62M USDC$27.61M
    4.00M USDC$4.00M
    6.03%
    5.48%
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    WETH
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    wstETH
    2.25%
    94.50%
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    +4
    10.97k WETH$26.55M
    6168.54 WETH$14.92M
    1.84%
    1.64%
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    PYUSD
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    mWIN
    77.00%
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    24.37M PYUSD$24.36M
    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
    23.59M USDC$23.58M
    2.33M USDC$2.33M
    7.59%
    6.84%
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    USDC
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    mGLO
    91.50%
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    21.94M USDC$21.93M
    4.26M USDC$4.26M
    5.55%
    4.98%
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    USDC
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    wFalconX
    91.50%
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    +5
    20.77M USDC$20.77M
    9.09M USDC$9.09M
    5.96%
    5.36%
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    USDC
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    PST
    86.00%
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    19.88M USDC$19.87M
    2.73M USDC$2.73M
    6.52%
    5.70%
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    USDC
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    PT-USD3-17DEC2026
    86.00%
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    +2
    17.22M USDC$17.21M
    1.91M USDC$1.91M
    7.17%
    7.63%