Morpho Watch

vbETH on Morpho

Vault Bridge ETH (vbETH) on Morpho, on every network: $3.98M in 2 vaults, $1.51M lent in 2 markets, $1.43M 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

Best vault net APY

1.75%

Yearn OG ETH

Best market supply APY

1.82%

against weETH, Katana

Borrow APY, largest market

2.04%

against weETH, Katana

Posted as collateral

$1.43M

2 markets

Earn on vbETH: vaults

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

Vaults that take vbETH
Vault Deposits Net APY 30‑day APY Fee Withdrawable
Yearn OG ETHV2Yearn · Katana · $3.97M $3.97M1.98K vbETH 1.75%incl. 1.15% rewards 1.08% 10% $2.49M
Gauntlet WETH⚠ Deposits switched offGauntlet · Katana · $9.3K $9.3K4.61 vbETH 0.00% 0.00% 10% $9.3K

Borrow vbETH: markets

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

Markets that lend vbETH
Market Supplied Supply APY Borrowed Borrow APY Utilization
weETH / vbETHKatana · LLTV 91.5% $1.50M744.08 vbETH 1.82% $1.34M$1.65M collateral 2.04%−0.25% rewards 89.5%
yvvbUSDC / vbETHKatana · LLTV 77% $17.2K8.57 vbETH 0.20% $15.5K$33.5K collateral 0.23% 90.0%

Borrow against vbETH

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

Markets that accept vbETH as collateral
Market Supplied Supply APY Borrowed Borrow APY Utilization
vbETH / vbUSDCKatana · LLTV 86% $543K543.47K vbUSDC 2.55% $464K$1.39M collateral 2.99% 85.4%
vbETH / vbUSDTKatana · LLTV 86% $31.8K31.82K vbUSDT 1.48% $20.5K$35.8K collateral 2.30% 64.6%

About vbETH on Morpho

Vault Bridge ETH (vbETH) is on Morpho on Katana. Morpho prices it at $2.0K.

2 vaults take vbETH deposits, holding $3.98M in all. The largest is Yearn OG ETH on Katana, curated by Yearn, with $3.97M deposited and paying 1.75% net APY after fees.

vbETH is lent out in 2 markets, with $1.51M supplied and $1.35M borrowed. The largest is weETH / vbETH on Katana, where borrowers pay 2.04% and lenders earn 1.82%.

As collateral, $1.43M of vbETH backs $484K of loans in 2 markets, which lend vbUSDC and vbUSDT against it. Every one of them liquidates a loan at 86% of the collateral's value. The largest is vbETH / vbUSDC on Katana, where borrowers pay 2.99%.

vbETH on Morpho: quick answers

Where can I earn the most on vbETH on Morpho?

Yearn OG ETH on Katana pays 1.75% net APY (1.15% of it in token rewards, which can stop at any time), the most among vbETH vaults open to deposits with at least $1M in them. The largest vbETH vault, Yearn OG ETH, pays 1.75% net APY (1.15% of it in token rewards, which can stop at any time).

Where is it cheapest to borrow vbETH on Morpho?

2 markets lend vbETH, but none in use has $250K or more left to borrow right now.

Can I borrow against vbETH on Morpho?

Yes: 2 markets accept vbETH as collateral, with liquidation LTVs up to 86.0%. The largest is vbETH / vbUSDC on Katana, where borrowers pay 2.99%.

Which networks is vbETH on Morpho available on?

Katana.

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