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.

    NetworkLoanCollateralLLTVTrusted byOutstanding LoansTotal LiquidityBorrow Rate (6h)Lend Rate (6h)
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    PYUSD
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    sUSDe
    4.90%
    91.50%
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    92.76M PYUSD$92.74M
    10.56M PYUSD$10.56M
    4.08%
    3.65%
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    RLUSD
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    USDe
    5.00%
    91.50%
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    25.13M RLUSD$25.12M
    2.29M RLUSD$2.29M
    4.41%
    4.10%
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    USDC
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    PT-sUSDE-26NOV2026
    91.50%
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    6.88M USDC$6.88M
    738.85k USDC$738.77k
    3.73%
    3.36%
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    DAI
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    sUSDe
    4.90%
    86.00%
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    1.28M DAI$1.28M
    135.32k DAI$135.32k
    6.91%
    6.23%
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    USDtb
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    sUSDe
    4.90%
    91.50%
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    913.67k USDtb$913.28k
    123.50k USDtb$123.45k
    3.81%
    3.35%
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    DAI
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    sUSDe
    4.90%
    91.50%
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    550.92k DAI$550.88k
    47.99k DAI$47.99k
    11.09%
    10.16%
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    USDT
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    sUSDe
    4.90%
    91.50%
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    218.32k USDT$218.28k
    1.02M USDT$1.02M
    4.95%
    4.49%
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    DAI
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    USDe
    86.00%
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    115.84k DAI$115.83k
    12.76k DAI$12.76k
    6.19%
    5.56%
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    msUSD
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    sUSDe
    4.90%
    91.50%
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    70.55k msUSD$62.67k
    6953.58 msUSD$6176.67
    6.68%
    6.07%
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    DAI
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    PT-USDe-31JUL2025
    91.50%
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    44.51k DAI$44.51k
    4703.94 DAI$4703.92
    4.66%
    4.21%
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    DAI
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    USDe
    91.50%
    31.14k DAI$31.14k
    7671.99 DAI$7671.97
    12.71%
    10.07%
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    DAI
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    sUSDe
    4.90%
    94.50%
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    25.64k DAI$25.64k
    2647.06 DAI$2647.05
    4.31%
    3.90%
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    USDC
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    sUSDe
    4.90%
    91.50%
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    5253.31 USDC$5252.72
    4292.94 USDC$4292.47
    0.11%
    0.06%
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    DAI
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    PT-sUSDE-31JUL2025
    91.50%
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    14.981 DAI$14.97
    1.628 DAI$1.62
    3.60%
    3.24%
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    USDC
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    PT-srUSDe-2APR2026
    91.50%
    11.895 USDC$11.89
    0.130 USDC$0.13
    > 1000.00%
    > 1000.00%
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    USDT
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    PT-USDe-25SEP2025
    91.50%
    9.347 USDT$9.34
    1.004 USDT$1.00
    0.12%
    0.11%
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    USDtb
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    USDe
    91.50%
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    8.320 USDtb$8.31
    0.887 USDtb$0.88
    4.06%
    3.66%
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    RLUSD
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    PT-sUSDE-13AUG2026
    91.50%
    4.092 RLUSD$4.09
    2.977 RLUSD$2.97
    0.50%
    0.29%
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    AUSD
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    sUSDe
    4.90%
    91.50%
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    1.049 AUSD$1.04
    0.235 AUSD$0.23
    5.48%
    4.45%
    Outstanding Loans$5,443,465,831