Vaults
Variable Rate
Fixed Rate
Vaults
Variable Rate

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$4,916,443,834
    NetworkLoanCollateralLLTVTrusted ByTotal BorrowTotal Liquidity6H Rate
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    USDC
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    cbBTC
    86.00%
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    +10
    1.39B USDC$1.39B
    211.47M USDC$211.47M
    4.75%
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    USDC
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    USDe
    4.75%
    91.50%
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    304.43M USDC$304.43M
    33.82M USDC$33.82M
    4.04%
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    USDC
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    cbBTC
    86.00%
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    +17
    303.30M USDC$303.29M
    33.07M USDC$33.07M
    4.75%
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    USDG
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    USDe
    4.75%
    91.50%
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    284.80M USDG$284.81M
    30.15M USDG$30.15M
    4.33%
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    PYUSD
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    PRIME
    86.00%
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    174.87M PYUSD$174.88M
    22.42M PYUSD$22.42M
    4.96%
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    RLUSD
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    kBTC
    86.00%
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    166.40M RLUSD$166.41M
    22.64M RLUSD$22.64M
    3.03%
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    PYUSD
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    kBTC
    86.00%
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    118.75M PYUSD$118.76M
    14.24M PYUSD$14.24M
    3.87%
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    USDC
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    WBTC
    86.00%
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    +15
    111.42M USDC$111.41M
    12.22M USDC$12.22M
    4.74%
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    USDT
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    wstETH
    2.23%
    86.00%
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    +9
    99.19M USDT$99.17M
    10.51M USDT$10.50M
    3.84%
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    RLUSD
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    weETH
    2.47%
    86.00%
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    96.24M RLUSD$96.25M
    10.30M RLUSD$10.30M
    4.45%
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    USDG
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    syrupUSDG
    91.50%
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    86.63M USDG$86.63M
    9.59M USDG$9.59M
    4.09%
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    PYUSD
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    sUSDe
    4.53%
    91.50%
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    81.67M PYUSD$81.68M
    6.50M PYUSD$6.50M
    6.17%
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    WETH
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    wstETH
    2.23%
    96.50%
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    +6
    32.67k WETH$81.18M
    4899.24 WETH$12.17M
    1.91%
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    USDC
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    WETH
    86.00%
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    +7
    80.99M USDC$80.99M
    178.14M USDC$178.14M
    4.77%
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    USDC
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    PT-reUSD-10DEC2026
    91.50%
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    +4
    75.96M USDC$75.96M
    9.06M USDC$9.06M
    10.25%
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    USDT
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    WBTC
    86.00%
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    +8
    70.00M USDT$69.99M
    7.38M USDT$7.38M
    3.81%
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    PYUSD
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    syrupUSDC
    4.78%
    91.50%
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    63.94M PYUSD$63.94M
    6.06M PYUSD$6.06M
    5.41%
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    PYUSD
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    weETH
    2.47%
    86.00%
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    59.20M PYUSD$59.20M
    5.44M PYUSD$5.44M
    5.41%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    57.94M USDT$57.93M
    5.65M USDT$5.65M
    3.23%
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    USDC
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    cbXRP
    62.50%
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    +2
    46.41M USDC$46.41M
    8.26M USDC$8.26M
    6.12%
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    WETH
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    wstETH
    94.50%
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    16.84k WETH$41.86M
    1821.83 WETH$4.52M
    1.81%
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    USDC
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    WHYPE
    77.00%
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    37.93M USDC$37.93M
    7.41M USDC$7.41M
    6.88%
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    USDC
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    aHYPER
    77.00%
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    34.96M USDC$34.96M
    3.79M USDC$3.78M
    9.42%
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    USDC
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    AA_FalconXUSDC
    77.00%
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    +7
    33.28M USDC$33.28M
    4.66M USDC$4.66M
    5.63%
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    USDG
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    mGLO
    91.50%
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    28.47M USDG$28.47M
    2.65M USDG$2.65M
    5.50%
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    WETH
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    wstETH
    2.23%
    94.50%
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    +4
    10.71k WETH$26.61M
    5985.30 WETH$14.87M
    1.92%
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    USDG
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    spUSDG
    91.50%
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    25.57M USDG$25.57M
    2.84M USDG$2.84M
    3.13%
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    USDC
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    wstETH
    2.23%
    86.00%
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    +14
    24.97M USDC$24.97M
    3.79M USDC$3.79M
    4.74%
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    PYUSD
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    mWIN
    77.00%
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    24.11M PYUSD$24.11M
    2.58M PYUSD$2.58M
    2.52%
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    USDC
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    mF-ONE
    91.50%
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    +7
    23.76M USDC$23.76M
    2.62M USDC$2.62M
    6.44%
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    PYUSD
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    PST
    86.00%
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    22.64M PYUSD$22.65M
    2.32M PYUSD$2.33M
    6.10%
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    USDC
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    mGLO
    91.50%
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    21.87M USDC$21.87M
    4.70M USDC$4.70M
    5.55%
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    USDT
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    cbBTC
    86.00%
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    +2
    19.97M USDT$19.96M
    24.63M USDT$24.63M
    3.78%
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    USDC
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    wFalconX
    91.50%
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    +5
    18.47M USDC$18.46M
    11.50M USDC$11.50M
    5.55%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    +4
    17.97M USDT$17.96M
    15.80M USDT$15.80M
    3.70%