Morpho Watch

cirBTC on Morpho

Circle Wrapped Bitcoin (cirBTC) on Morpho, on every network: $276.6M posted as collateral in 2 markets. Rates differ between vaults and markets because each has its own borrowers, collateral and curator.

Data from Morpho's API · updated

Posted as collateral

$276.6M

2 markets

Borrowed against it

$172.7M

62.5% of the collateral's value

Cheapest loan against it

3.78%

USDC loan on Arc

Highest LLTV

86%

where a loan can be liquidated

Borrow against cirBTC

Markets that accept cirBTC as collateral. The LLTV is the loan-to-value at which a loan can be liquidated.

Markets that accept cirBTC as collateral
Market Supplied Supply APY Borrowed Borrow APY Utilization
cirBTC / USDCArc · LLTV 86% $188.5M188.57M USDC 3.44% $171.5M$274.9M collateral 3.78%−0.14% rewards 91.0%
cirBTC / EURCArc · LLTV 86% $1.31M1.18M EURC 1.97% $1.18M$1.68M collateral 2.18% 90.4%

About cirBTC on Morpho

Circle Wrapped Bitcoin (cirBTC) is on Morpho on Arc. Morpho prices it at $71.8K.

As collateral, $276.6M of cirBTC backs $172.7M of loans in 2 markets, which lend USDC and EURC against it. Every one of them liquidates a loan at 86% of the collateral's value. The largest is cirBTC / USDC on Arc, where borrowers pay 3.78%.

cirBTC on Morpho: quick answers

Can I borrow against cirBTC on Morpho?

Yes: 2 markets accept cirBTC as collateral, with liquidation LTVs up to 86.0%. The largest is cirBTC / USDC on Arc, where borrowers pay 3.78%.

Which networks is cirBTC on Morpho available on?

Arc.

Borrowing against cirBTC? Check your numbers with the liquidation price calculator. More assets on the assets page.