Morpho Watch

mUSD on Morpho

MetaMask USD (mUSD) on Morpho, on every network: $1.00 in 1 vault, $98.6K lent in 1 market. Rates differ between vaults and markets because each has its own borrowers, collateral and curator.

Data from Morpho's API · updated

Net APY, largest vault

0.00%

Steakhouse mUSD Reserved ($1.00)

Supply APY, largest market

0.05%

against WETH, Monad

Borrow APY, largest market

0.43%

against WETH, Monad

In vaults

$1.00

1 vault

Earn on mUSD: vaults

Deposit mUSD and a curator lends it out for you. Net APY is after the curator's fee.

Vaults that take mUSD
Vault Deposits Net APY 30‑day APY Fee Withdrawable
Steakhouse mUSD ReservedV2Steakhouse Financial · Monad · $1.00 $1.001.00 mUSD 0.00% 0.00% 0% $1.00

Borrow mUSD: markets

Markets that lend out mUSD, each against one kind of collateral.

Markets that lend mUSD
Market Supplied Supply APY Borrowed Borrow APY Utilization
WETH / mUSDMonad · LLTV 86% $98.6K98.64K mUSD 0.05% $10.7K$21.9K collateral 0.43% 10.8%

About mUSD on Morpho

MetaMask USD (mUSD) is on Morpho on Monad. Morpho prices it at $0.9993.

One vault takes mUSD deposits: Steakhouse mUSD Reserved on Monad, curated by Steakhouse Financial, with $1.00 deposited and paying 0.00% net APY after fees.

mUSD is lent out in one market, WETH / mUSD on Monad, with $98.6K supplied and $10.7K borrowed. There borrowers pay 0.43% and lenders earn 0.05%.

mUSD on Morpho: quick answers

Where can I earn the most on mUSD on Morpho?

1 vault take mUSD deposits; the largest, Steakhouse mUSD Reserved, pays 0.00% net APY. None open to deposits holds $1M yet.

Where is it cheapest to borrow mUSD on Morpho?

1 market lend mUSD, but none in use has $250K or more left to borrow right now.

Which networks is mUSD on Morpho available on?

Monad.

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