AERO / WETH on Base
A Morpho market on Base where people borrow WETH against AERO. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 0.11% a year and borrowers pay 0.12% right now.
Data from Morpho's API · updated
Borrow APY
0.12%
30-day average 0.07%
Supply APY
0.11%
30-day average 0.03%
Supplied
$1.1K
0.412 WETH
Borrowed
$995
90.0% utilization
Available to borrow
$111
free liquidity right now
Collateral posted
$2.7K
3.00K AERO
AERO / WETH rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
AERO / WETH 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 0.12% 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 AERO collateral could be liquidated if its price fell by each amount
Based on today's loans and today's AERO price in WETH. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 77%fixed for the life of the market |
|---|---|
| Liquidation bonus | 7.41%extra collateral a liquidator receives |
| AERO price in WETH | 0.000333 WETH |
| Oracle | ChainlinkOracleV20xc7eb…5429 |
| Price feeds | 0x7824…DcEA 0xd39E…FFA4 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | WETHprice $2.7K |
|---|---|
| Collateral | AEROprice $0.8943 |
| Borrowers | 4 |
| Created | July 30, 2026 |
| Market ID | 0x17cbb67e…bc5afe |
| Rate model | 0x4641…2687 |
| AERO token | 0x9401…8631 |
| WETH token | 0x4200…0006 |
Vaults lending here
$1.1K of the $1.1K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Kabu WETHV2lends directly | $1.1K |
Largest borrowers
4 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x87aC…AE0C | $995 | 2.09 |
| 0x2AE5…fb15 | $1.00 | 2.17 |
| 0x57E1…Fca6 | $0 | 6.26 |
| 0xB0dD…01AA | $0 | – |
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 AERO / WETH market
The AERO / WETH market on Base was created on July 30, 2026. Anyone can lend WETH into it, and anyone holding AERO can borrow that WETH against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $1.1K is supplied and $995 borrowed, so 90.0% of the market is in use, backed by $2.7K of AERO from 4 borrowers. Borrowers pay 0.12% a year, 0.07% on average over the last 30 days. Lenders earn 0.11%.
1 listed vault lends here, providing $1.1K of the supply; the largest is Kabu WETH. Liquidators who close an unsafe loan here receive a 7.41% bonus in AERO.
AERO / WETH on Base: quick answers
What is the WETH borrow rate against AERO on Morpho Base?
In this market it is 0.12% a year right now, and it averaged 0.07% over the last 30 days. The rate is variable: it follows how much of the market's WETH is borrowed, rising quickly above 90%.
When is a AERO / WETH loan liquidated?
When the loan reaches 77% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes AERO worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if AERO fell to about 0.000216 WETH.
How much WETH can be borrowed here right now?
$111 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the AERO / WETH market?
Lenders earn 0.11% a year right now (0.03% averaged over 30 days). Most lend through vaults, such as Kabu WETH, which spread deposits across several markets.
More ways to borrow against AERO
Other loan assets with AERO as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| AERO / USDCBase · LLTV 62.5% | 4.53% | 5.05% |
