Morpho Watch

Assets on Morpho

An asset can play three parts on Morpho: people deposit it in vaults to earn interest, borrow it from markets, or post it as collateral for a loan. This table shows all three for every asset, across every network. Pick one for the full picture.

Data from Morpho's API · updated

AssetIn vaultsBest vault APYLowest borrow APYPosted as collateral
USDCUSD Coin $3.66B152 vaults 11.78%Api3 dCOMP USDC 0.73%against yoUSD $393K3 markets
cbBTCCoinbase Wrapped BTC $5.70M5 vaults 2.81%Hyperithm cbBTC Apex 3.44%against aHyperBTC $3.60B25 markets
RLUSDRLUSD $920.3M4 vaults 5.69%Sentora RLUSD Main 3.71%against kBTC –
USDGGlobal Dollar $666.1M10 vaults 7.11%Steakhouse USDG Pro 3.25%against syrupUSDG –
PYUSDPayPal USD $645.3M6 vaults 9.00%StableEarn Prime PYUSD 3.58%against weETH –
USDTTether USD $376.5M35 vaults 9.91%Flowdesk Confidential High Yield USDT 3.65%against wstETH $10.1K1 market
USDeUSDe $126K1 vault – – $772.2M4 markets
wstETHWrapped liquid staked Ether 2.0 $211K1 vault – – $516.6M35 markets
WBTCWrapped BTC $15.05M3 vaults 4.80%Wintermute Confidential WBTC – $461.1M26 markets
kBTCKraken Wrapped Bitcoin – – – $448.5M2 markets
WETHWrapped Ether $124.9M32 vaults 7.20%Re7 WETH 1.61%against wstETH $184.2M19 markets
cirBTCCircle Wrapped Bitcoin – – – $276.7M2 markets
weETHWrapped eETH – – – $249.5M19 markets
PRIMEHastra PRIME – – – $240.5M3 markets
syrupUSDGsyrupUSDG – – – $231.2M2 markets
EURCVEUR CoinVertible $164.4M4 vaults 5.65%Belem RWA EURCV 1.77%against EUTBL –
PT-reUSD-10DEC2026PT reUSD 10DEC2026 – – – $185.1M3 markets
mGLOMidas Fasanara Global Open – – – $160.3M4 markets
PSTPayFi Strategy Token – – – $138.6M5 markets
cbXRPCoinbase Wrapped XRP – – – $128.1M3 markets
sUSDeStaked USDe – – – $120.7M9 markets
kHYPEKinetiq Staked HYPE – – – $73.73M6 markets
syrupUSDCSyrup USDC – – – $69.06M7 markets
PT-USD3-17DEC2026PT USD3 17DEC2026 – – – $63.24M3 markets
sUSDSSavings USDS – – – $61.12M5 markets
AUSDAUSD $28.19M12 vaults 7.02%SharpByte AUSD Tori Ecosystem 6.34%against siUSD –
PT-USDat-14JAN2027PT Saturn USD 14JAN2027 – – – $48.95M3 markets
OUSDOpenUSD $45.55M2 vaults 3.60%Sentora OUSD Main – –
cbETHCoinbase Wrapped Staked ETH – – – $44.35M8 markets
WHYPEWrapped HYPE $5.34M4 vaults 0.63%Felix HYPE V2 0.83%against kHYPE $31.74M7 markets
aHYPERHyperithm Delta Neutral Vault – – – $41.34M1 market
apyUSDapyUSD – – – $38.79M2 markets
USDSUSDS Stablecoin $28.63M2 vaults 5.57%sky.money USDS Flagship 6.85%against PT-sUSDS-26NOV2026 –
dCOMPdCOMP – – – $36.44M1 market
wFalconXWrapped FalconX – – – $32.87M1 market
fxSAVEf(x) USD Saving – – – $29.40M2 markets
USPCUSPC Vault – – – $27.49M2 markets
mF-ONEMidas Fasanara ONE – – – $26.35M1 market
strUSDStaked trUSD – – – $26.18M2 markets
pathUSDpathUSD $22.59M2 vaults 0.00%(Deprecated) Sentora pathUSD – –
sthUSDsthUSD – – – $20.99M1 market
EURCEURC $9.56M10 vaults 6.85%Gauntlet EURC Balanced 7.32%against cbBTC –
msUSDMetronome Synth USD $16.97M1 vault <0.01%Metronome msUSD Vault 0.31%against siUSD –
vbUSDCVault Bridge USDC $9.00M7 vaults 8.00%Yearn Degen USDC 2.77%against vbWBTC –
apxUSDapxUSD $3.48M1 vault 8.54%Apyx apxUSD 10.27%against apyUSD –
SOLSolana $731K1 vault – – $16.02M1 market
OETHOrigin Ether – – – $16.92M1 market
PT-sUSDS-26NOV2026PT Savings USDS 26NOV2026 – – – $16.75M3 markets
earnAUSDearnAUSD – – – $15.87M1 market
mM1-USDMidas M1 USD Market Neutral – – – $14.95M1 market
FXRPFXRP – – – $14.91M3 markets
savUSDStaked avUSD – – – $14.69M3 markets
siUSDStaked infiniFi USD – – – $13.88M3 markets
USD3USD3 – – – $12.91M1 market
JitoSOLJito Staked SOL – – – $11.61M2 markets
sUSDaiStaked USDai – – – $10.84M4 markets
reUSDRe Protocol Deposit Token – – – $9.57M3 markets
stUSDSStaked USDS – – – $9.51M3 markets
AA_FalconXUSDCPareto AA Tranche - FalconXUSDC – – – $9.30M1 market
aHyperBTCHyperithm Delta Neutral cbBTC Vault – – – $8.92M2 markets
cbZECCoinbase Wrapped ZEC – – – $8.27M2 markets
cbADACoinbase Wrapped ADA – – – $8.11M2 markets
PT-siUSD-7JAN2027PT Staked infiniFi USD 7JAN2027 – – – $7.56M1 market
spUSDGSpark Savings USDG – – – $7.40M1 market
wsrUSDWrapped Savings rUSD – – – $7.28M2 markets
mGLOeuroMidas Fasanara Global Euro – – – $7.25M1 market
sUSNStaked USN – – – $7.13M2 markets
vbETHVault Bridge ETH $3.98M2 vaults 1.75%Yearn OG ETH – $1.43M2 markets
vbWBTCVault Bridge WBTC – – – $6.82M2 markets
XAUtTether Gold $9.9K1 vault – – $6.46M2 markets
wARSPeso Argentino $6.07M2 vaults 24.50%KPK wARS Yield – –
aguaUSDCgcAgua Global Carry Vault – – – $6.27M1 market
msETHMetronome Synth ETH $6.19M1 vault <0.01%Metronome msETH Vault – –
CarryTradeUSDTRYLeverageMorini CarryTradeUSDTRYLeverage Vault – – – $6.16M1 market
rETHRocket Pool ETH – – – $6.04M5 markets
tGBPtGBP $5.16M1 vault 3.58%Steakhouse tGBP – –
cbDOGECoinbase Wrapped DOGE – – – $5.57M2 markets
v-wmtUSDCwmtUSDC [4626 Vault Shares] – – – $5.40M1 market
PT-sUSDE-26NOV2026PT Ethena sUSDE 26NOV2026 – – – $5.31M1 market
mHyperBTCMidas Hyperithm BTC – – – $5.20M1 market
wUSCCWrapped USCC – – – $5.09M1 market
LBTCLombard Staked Bitcoin – – – $5.02M7 markets
PT-apyUSD-11FEB2027PT apyUSD 11FEB2027 – – – $4.40M2 markets
DAIDai Stablecoin $2.25M2 vaults 9.84%Gauntlet DAI Core – –
etrUSDTori Ecosystem Vault – – – $4.17M1 market
v-wmtUSDTwmtUSDT [4626 Vault Shares] – – – $3.95M1 market
yvvbETHvbETH yVault – – – $3.76M1 market
limUSDlimUSD – – – $3.69M1 market
UBTCUnit Bitcoin – – – $3.68M5 markets
savETHStaked avETH – – – $3.61M1 market
yoUSDyoUSD – – – $3.40M2 markets
EUTBLSpiko EU T-Bills Money Market Fund – – – $2.95M1 market
vbUSDTVault Bridge USDT $1.39M4 vaults 2.50%Yearn OG USDT – –
frxUSDFrax USD $1.24M4 vaults – – –
naccUSDCsUSN Delta Neutral Yield Vault – – – $2.46M1 market
wJAAAWrapped JAAA – – – $2.28M1 market
PT-trUSD-26NOV2026PT trUSD 26NOV2026 – – – $2.05M1 market
cbLTCCoinbase Wrapped LTC – – – $2.03M1 market
EUReMonerium EURe $1.70M1 vault 3.00%KPK EURe Yield – –
sUSDatStaked USDat – – – $1.99M3 markets

Best vault APY needs at least $1M deposited; lowest borrow APY needs at least $250K left to borrow and real borrowing going on, so tiny or unused listings don't win. See also stablecoin rates and borrowing against Bitcoin.