GRO / USDC on Base
A Morpho market on Base where people borrow USDC against GRO. A loan can be liquidated once it reaches 62.5% of the collateral's value. Lenders earn 5.55% a year and borrowers pay 6.33% right now.
Data from Morpho's API · updated
Borrow APY
6.33%
30-day average 7.29%
Supply APY
5.55%
30-day average 6.50%
Supplied
$341K
341.22K USDC
Borrowed
$301K
88.1% utilization
Available to borrow
$40.6K
free liquidity right now
Collateral posted
$1.16M
1.08M GRO
GRO / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
GRO / USDC 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 6.43% 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 GRO collateral could be liquidated if its price fell by each amount
Based on today's loans and today's GRO price in USDC. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 62.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 12.68%extra collateral a liquidator receives |
| GRO price in USDC | 1.07 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xff5D…Ab20 |
| Price feeds | 0x0B8a…Fac2 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | GROprice $1.0700 |
| Borrowers | 4 |
| Created | July 7, 2026 |
| Market ID | 0x09327917…b68d4e |
| Rate model | 0x4641…2687 |
| GRO token | 0x3dCc…e0b5 |
| USDC token | 0x8335…2913 |
Vaults lending here
$341K of the $341K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Birch Hill Groma Ecosystem USDCV2lends directly | $341K |
Largest borrowers
4 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x4170…2dd9 | $224K | 2.76 |
| 0x5A89…7C79 | $76.5K | 1.38 |
| 0x758d…2dcE | $45.00 | 2.10 |
| 0xBf56…3262 | $10.00 | 1.34 |
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 GRO / USDC market
The GRO / USDC market on Base was created on July 7, 2026. Anyone can lend USDC into it, and anyone holding GRO can borrow that USDC against it, up to a loan-to-value of 62.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $341K is supplied and $301K borrowed, so 88.1% of the market is in use, backed by $1.16M of GRO from 4 borrowers. Borrowers pay 6.33% a year, 7.29% on average over the last 30 days. Lenders earn 5.55%.
1 listed vault lends here, providing $341K of the supply; the largest is Birch Hill Groma Ecosystem USDC. Liquidators who close an unsafe loan here receive a 12.68% bonus in GRO.
GRO / USDC on Base: quick answers
What is the USDC borrow rate against GRO on Morpho Base?
In this market it is 6.33% a year right now, and it averaged 7.29% over the last 30 days. The rate is variable: it follows how much of the market's USDC is borrowed, rising quickly above 90%.
When are GRO / USDC loans liquidated?
When a loan reaches 62.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes GRO worth 12.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if GRO fell to about 0.856 USDC.
How much USDC can be borrowed here right now?
$40.6K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the GRO / USDC market?
Lenders earn 5.55% a year right now (6.50% averaged over 30 days). Most lend through vaults, such as Birch Hill Groma Ecosystem USDC, which spread deposits across several markets.