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

    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
    1.51B USDC$1.51B
    167.50M USDC$167.50M
    4.90%
    4.40%
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    USDC
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    USDe
    4.75%
    91.50%
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    350.73M USDC$350.74M
    38.93M USDC$38.93M
    4.16%
    3.74%
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    USDG
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    USDe
    4.75%
    91.50%
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    308.43M USDG$308.47M
    40.80M USDG$40.80M
    4.02%
    3.54%
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    USDC
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    cbBTC
    86.00%
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    +17
    302.31M USDC$302.32M
    33.21M USDC$33.21M
    4.78%
    4.26%
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    RLUSD
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    kBTC
    86.00%
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    212.24M RLUSD$212.22M
    22.75M RLUSD$22.75M
    3.75%
    3.38%
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    USDC
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    cirBTC
    86.00%
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    +5
    191.35M USDC$191.35M
    970.20k USDC$970.19k
    0.51%
    0.98%
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    PYUSD
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    PRIME
    86.00%
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    191.11M PYUSD$191.09M
    18.90M PYUSD$18.90M
    6.46%
    5.86%
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    PYUSD
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    kBTC
    86.00%
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    131.70M PYUSD$131.69M
    24.61M PYUSD$24.61M
    4.05%
    3.44%
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    USDT
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    wstETH
    2.18%
    86.00%
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    +10
    119.01M USDT$119.00M
    31.49M USDT$31.49M
    4.17%
    3.58%
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    USDG
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    syrupUSDG
    91.50%
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    117.39M USDG$117.40M
    14.82M USDG$14.82M
    4.05%
    3.59%
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    USDC
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    WBTC
    86.00%
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    +15
    115.26M USDC$115.26M
    14.41M USDC$14.41M
    4.91%
    4.34%
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    USDC
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    PT-reUSD-10DEC2026
    91.50%
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    +4
    97.70M USDC$97.70M
    12.96M USDC$12.96M
    8.98%
    8.03%
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    RLUSD
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    weETH
    2.03%
    86.00%
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    94.25M RLUSD$94.24M
    12.77M RLUSD$12.77M
    4.27%
    3.75%
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    USDC
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    WETH
    86.00%
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    +7
    92.72M USDC$92.72M
    10.21M USDC$10.21M
    4.94%
    4.44%
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    PYUSD
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    sUSDe
    4.81%
    91.50%
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    91.47M PYUSD$91.46M
    11.96M PYUSD$11.96M
    4.19%
    3.69%
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    USDT
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    WBTC
    86.00%
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    +9
    77.94M USDT$77.93M
    3.92M USDT$3.92M
    4.17%
    3.57%
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    WETH
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    wstETH
    2.18%
    96.50%
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    +5
    27.58k WETH$74.29M
    4702.70 WETH$12.66M
    2.39%
    2.14%
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    PYUSD
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    PST
    86.00%
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    58.88M PYUSD$58.88M
    6.10M PYUSD$6.09M
    7.58%
    6.85%
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    USDC
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    cbXRP
    62.50%
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    +3
    55.73M USDC$55.74M
    19.82M USDC$19.82M
    6.20%
    5.56%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    54.10M USDT$54.09M
    6.97M USDT$6.97M
    3.04%
    2.67%
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    PYUSD
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    syrupUSDC
    5.20%
    91.50%
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    53.05M PYUSD$53.05M
    7.76M PYUSD$7.76M
    4.54%
    3.88%
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    WETH
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    wstETH
    94.50%
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    13.08k WETH$35.26M
    1505.22 WETH$4.05M
    1.74%
    3.06%
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    USDC
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    mGLO
    91.50%
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    +1
    34.77M USDC$34.77M
    7.74M USDC$7.74M
    5.55%
    4.97%
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    USDC
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    aHYPER
    77.00%
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    34.20M USDC$34.20M
    4.66M USDC$4.66M
    8.97%
    9.02%
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    USDC
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    weETH
    2.03%
    86.00%
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    32.03M USDC$32.03M
    17.04M USDC$17.04M
    4.86%
    4.34%
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    USDC
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    PST
    86.00%
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    30.35M USDC$30.35M
    4.03M USDC$4.03M
    6.73%
    5.91%
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    RLUSD
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    USDe
    4.75%
    91.50%
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    29.60M RLUSD$29.60M
    3.70M RLUSD$3.70M
    3.80%
    3.43%
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    PYUSD
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    weETH
    2.03%
    86.00%
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    29.28M PYUSD$29.27M
    3.11M PYUSD$3.11M
    6.00%
    5.41%
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    USDC
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    wstETH
    2.18%
    86.00%
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    +14
    29.16M USDC$29.16M
    4.97M USDC$4.97M
    4.78%
    4.27%
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    USDG
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    mGLO
    91.50%
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    29.15M USDG$29.15M
    3.11M USDG$3.11M
    5.50%
    4.96%
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    WETH
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    wstETH
    2.18%
    94.50%
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    +6
    10.41k WETH$28.04M
    1601.41 WETH$4.31M
    2.50%
    2.26%
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    USDC
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    PT-USD3-17DEC2026
    86.00%
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    +2
    22.89M USDC$22.89M
    2.12M USDC$2.12M
    10.48%
    9.49%
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    USDC
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    mF-ONE
    91.50%
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    +7
    20.91M USDC$20.91M
    4.63M USDC$4.63M
    6.48%
    5.36%
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    USDC
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    wFalconX
    91.50%
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    +5
    20.65M USDC$20.65M
    8.07M USDC$8.07M
    5.55%
    4.94%
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    USDC
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    PT-USDat-14JAN2027
    91.50%
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    20.24M USDC$20.24M
    2.60M USDC$2.60M
    6.43%
    7.13%
    Outstanding Loans$5,534,797,272