weETH / USDT0 on Arbitrum
A Morpho market on Arbitrum where people borrow USDT0 against weETH. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 1.73% a year and borrowers pay 2.93% right now.
Data from Morpho's API · updated
Borrow APY
2.93%
30-day average 4.89%
Supply APY
1.73%
30-day average 4.31%
Supplied
$24.5K
24.47K USDT0
Borrowed
$14.5K
59.4% utilization
Available to borrow
$9.9K
free liquidity right now
Collateral posted
$36.4K
12.28 weETH
weETH / USDT0 rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
weETH / USDT0 interest rate curve
What borrowers would pay at each utilization level, with today's settings
Borrow APY Supply APY
At the 90% target, borrowers pay 3.92% right now. Below it the rate falls to as little as a quarter of that; above it, it climbs to four times that when the market is fully borrowed. The curve itself also moves: while utilization stays above 90% the whole curve drifts up, and below 90% it drifts down. How Morpho interest rates work.
Liquidation map
How much weETH collateral could be liquidated if its price fell by each amount
Based on today's loans and today's weETH price in USDT0. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 86%fixed for the life of the market |
|---|---|
| Liquidation bonus | 4.38%extra collateral a liquidator receives |
| weETH price in USDT0 | 2.97K USDT0 |
| Oracle | Unknown0xff13…0A8A |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDT0price $0.9997 |
|---|---|
| Collateral | weETHprice $3.0K |
| Borrowers | 8 |
| Created | December 31, 2025 |
| Market ID | 0xe0432ceb…8e480b |
| Rate model | 0x66F3…06DA |
| weETH token | 0x3575…4dbe |
| USDT0 token | 0xFd08…Cbb9 |
Vaults lending here
$18.8K of the $24.5K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Bitget x Steakhouse USDTV2lends directly | $18.8K |
Largest borrowers
8 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x65e4…5773 | $9.1K | 1.94 |
| 0xb713…29cB | $3.4K | 2.07 |
| 0x1635…90B6 | $904 | 2.71 |
| 0x33c3…56A7 | $485 | 5.26 |
| 0xb887…80aa | $401 | 2.41 |
| 0xf165…0BA0 | $143 | 3.39 |
| 0x5eF7…B880 | $107 | 2.17 |
| 0xfeed…3C9a | $1.00 | 3.48 |
Health is collateral value times the LLTV, divided by the debt. Below 1.00 a loan can be liquidated.
Recent liquidations here
None recorded in the last 90 days
About the weETH / USDT0 market
The weETH / USDT0 market on Arbitrum was created on December 31, 2025. Anyone can lend USDT0 into it, and anyone holding weETH can borrow that USDT0 against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from a custom oracle; check its source before borrowing or lending.
Right now $24.5K is supplied and $14.5K borrowed, so 59.4% of the market is in use, backed by $36.4K of weETH from 8 borrowers. Borrowers pay 2.93% a year, 4.89% on average over the last 30 days. Lenders earn 1.73%.
1 listed vault lends here, providing $18.8K of the supply; the largest is Bitget x Steakhouse USDT. Liquidators who close an unsafe loan here receive a 4.38% bonus in weETH.
weETH / USDT0 on Arbitrum: quick answers
What is the USDT0 borrow rate against weETH on Morpho Arbitrum?
In this market it is 2.93% a year right now, and it averaged 4.89% over the last 30 days. The rate is variable: it follows how much of the market's USDT0 is borrowed, rising quickly above 90%.
When is a weETH / USDT0 loan liquidated?
When the loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes weETH worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if weETH fell to about 1.72K USDT0.
How much USDT0 can be borrowed here right now?
$9.9K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the weETH / USDT0 market?
Lenders earn 1.73% a year right now (4.31% averaged over 30 days). Most lend through vaults, such as Bitget x Steakhouse USDT, which spread deposits across several markets.
More ways to borrow against weETH
Other loan assets with weETH as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| weETH / RLUSDEthereum · LLTV 86% | 3.77% | 4.20% |
| weETH / PYUSDEthereum · LLTV 86% | 5.28% | 5.84% |
| weETH / WETHEthereum · LLTV 94.5% | 1.95% | 2.16% |
| weETH / USDCEthereum · LLTV 86% | 4.49% | 5.00% |
| weETH / vbETHKatana · LLTV 91.5% | 8.50% | 8.73% |
| weETH / USDTEthereum · LLTV 86% | 4.61% | 5.07% |
