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.

    Outstanding Loans$5,311,759,829
    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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    +11
    1.46B USDC$1.46B
    162.29M USDC$162.26M
    4.90%
    4.40%
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    USDC
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    USDe
    3.73%
    91.50%
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    329.34M USDC$329.27M
    36.40M USDC$36.40M
    4.13%
    3.72%
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    USDC
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    cbBTC
    86.00%
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    +17
    310.17M USDC$310.11M
    33.53M USDC$33.52M
    4.99%
    4.49%
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    USDG
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    USDe
    4.50%
    91.50%
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    300.20M USDG$300.20M
    31.58M USDG$31.58M
    4.56%
    4.11%
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    RLUSD
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    kBTC
    86.00%
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    198.93M RLUSD$198.95M
    21.07M RLUSD$21.07M
    3.56%
    3.21%
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    PYUSD
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    PRIME
    86.00%
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    157.57M PYUSD$157.54M
    23.07M PYUSD$23.06M
    4.65%
    4.05%
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    PYUSD
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    kBTC
    86.00%
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    144.56M PYUSD$144.53M
    18.66M PYUSD$18.66M
    3.63%
    3.21%
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    USDT
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    wstETH
    2.25%
    86.00%
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    +10
    114.96M USDT$114.92M
    10.36M USDT$10.36M
    5.53%
    5.06%
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    USDC
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    WBTC
    86.00%
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    +15
    114.86M USDC$114.84M
    12.33M USDC$12.33M
    5.08%
    4.58%
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    USDG
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    syrupUSDG
    91.50%
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    112.94M USDG$112.94M
    10.96M USDG$10.96M
    4.16%
    3.72%
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    RLUSD
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    weETH
    2.47%
    86.00%
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    96.53M RLUSD$96.54M
    10.47M RLUSD$10.47M
    4.28%
    3.85%
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    USDC
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    PT-reUSD-10DEC2026
    91.50%
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    +4
    95.33M USDC$95.31M
    15.46M USDC$15.46M
    7.86%
    6.77%
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    WETH
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    wstETH
    2.25%
    96.50%
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    +6
    34.31k WETH$92.00M
    3188.69 WETH$8.54M
    2.41%
    2.19%
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    PYUSD
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    sUSDe
    4.56%
    91.50%
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    92.02M PYUSD$92.00M
    11.89M PYUSD$11.89M
    4.05%
    3.58%
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    USDC
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    cirBTC
    86.00%
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    +5
    91.76M USDC$91.74M
    58.24M USDC$58.23M
    -0.93%
    0.04%
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    USDC
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    WETH
    86.00%
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    +7
    87.95M USDC$87.94M
    10.03M USDC$10.02M
    4.87%
    4.36%
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    USDT
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    WBTC
    86.00%
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    +9
    78.19M USDT$78.16M
    7.05M USDT$7.05M
    5.61%
    5.14%
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    PYUSD
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    weETH
    2.47%
    86.00%
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    66.70M PYUSD$66.69M
    7.22M PYUSD$7.22M
    5.01%
    4.50%
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    USDT
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    sUSDS
    3.53%
    96.50%
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    57.48M USDT$57.46M
    5.31M USDT$5.31M
    4.41%
    4.03%
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    USDC
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    cbXRP
    62.50%
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    +3
    51.92M USDC$51.91M
    22.45M USDC$22.45M
    6.22%
    5.58%
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    PYUSD
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    syrupUSDC
    5.11%
    91.50%
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    51.57M PYUSD$51.56M
    5.59M PYUSD$5.59M
    4.92%
    4.42%
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    WETH
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    wstETH
    94.50%
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    15.99k WETH$42.91M
    1831.86 WETH$4.91M
    1.71%
    2.94%
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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
    7.22%
    6.53%
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    USDC
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    aHYPER
    77.00%
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    34.41M USDC$34.40M
    4.15M USDC$4.14M
    8.88%
    8.97%
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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
    6.41%
    5.71%
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    WETH
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    wstETH
    2.25%
    94.50%
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    +6
    11.47k WETH$30.77M
    1093.11 WETH$2.93M
    2.21%
    2.00%
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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
    2.25%
    86.00%
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    +14
    28.34M USDC$28.34M
    4.85M USDC$4.85M
    5.03%
    4.53%
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    USDC
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    PST
    86.00%
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    28.21M USDC$28.20M
    2.97M USDC$2.96M
    7.60%
    6.85%
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    PYUSD
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    mWIN
    77.00%
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    22.92M PYUSD$22.92M
    3.13M PYUSD$3.13M
    1.60%
    1.39%
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    USDC
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    mF-ONE
    91.50%
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    +7
    22.01M USDC$22.01M
    2.92M USDC$2.92M
    6.53%
    5.80%
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    USDC
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    mGLO
    91.50%
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    21.91M USDC$21.91M
    8.63M USDC$8.63M
    5.55%
    4.98%
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    USDC
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    wFalconX
    91.50%
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    +5
    21.06M USDC$21.05M
    8.63M USDC$8.63M
    5.55%
    4.93%
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    USDC
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    PT-USDat-14JAN2027
    91.50%
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    19.78M USDC$19.77M
    2.60M USDC$2.60M
    6.00%
    6.45%
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    USDT
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    cbBTC
    86.00%
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    +3
    18.09M USDT$18.08M
    20.76M USDT$20.75M
    5.57%
    5.10%