steakUSDC / XSGD on Base
A Morpho market on Base where people borrow XSGD against steakUSDC. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 0.66% a year and borrowers pay 0.75% right now.
Data from Morpho's API · updated
Borrow APY
0.75%
30-day average 0.88%
Supply APY
0.66%
30-day average 0.77%
Supplied
$160K
204.28K XSGD
Borrowed
$140K
87.8% utilization
Available to borrow
$19.5K
free liquidity right now
Collateral posted
$0
161.53K steakUSDC
steakUSDC / XSGD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
steakUSDC / XSGD 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 0.76% 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.
Risk settings
| Liquidation LTV (LLTV) | 91.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 2.62%extra collateral a liquidator receives |
| steakUSDC price in XSGD | – |
| Oracle | ChainlinkOracleV20xF150…b5Fe |
| Price feeds | 0x8157…949b 0xBEEF…83b2 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | XSGDprice $0.7823 |
|---|---|
| Collateral | steakUSDCprice – |
| Borrowers | 10 |
| Created | November 21, 2025 |
| Market ID | 0x41640803…2033f5 |
| Rate model | 0x4641…2687 |
| steakUSDC token | 0xBEEF…83b2 |
| XSGD token | 0x0A4C…C33b |
Vaults lending here
$160K of the $160K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Steakhouse Prime XSGDV2lends directly | $160K |
Largest borrowers
10 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xA9FE…53b8 | $48.8K | 1.09 |
| 0x8d55…5798 | $41.3K | 1.14 |
| 0x182b…522a | $31.7K | 1.12 |
| 0x0BBA…Abbd | $13.4K | 1.12 |
| 0x0E2b…BCc6 | $3.9K | 1.10 |
| 0xdab2…fe02 | $1.1K | 1.03 |
| 0x24D4…7e6a | $35.00 | 1.31 |
| 0xfb48…C5F0 | $8.00 | 4.70 |
| 0xfeed…3C9a | $1.00 | 3.64 |
| 0xe37f…3b90 | $1.00 | 1.09 |
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 steakUSDC / XSGD market
The steakUSDC / XSGD market on Base was created on November 21, 2025. Anyone can lend XSGD into it, and anyone holding steakUSDC can borrow that XSGD against it, up to a loan-to-value of 91.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $160K is supplied and $140K borrowed, so 87.8% of the market is in use, backed by $0 of steakUSDC from 10 borrowers. Borrowers pay 0.75% a year, 0.88% on average over the last 30 days. Lenders earn 0.66%.
1 listed vault lends here, providing $160K of the supply; the largest is Steakhouse Prime XSGD. Liquidators who close an unsafe loan here receive a 2.62% bonus in steakUSDC.
steakUSDC / XSGD on Base: quick answers
What is the XSGD borrow rate against steakUSDC on Morpho Base?
In this market it is 0.75% a year right now, and it averaged 0.88% over the last 30 days. The rate is variable: it follows how much of the market's XSGD is borrowed, rising quickly above 90%.
When is a steakUSDC / XSGD loan liquidated?
When the loan reaches 91.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes steakUSDC worth 2.62% more than it repaid.
How much XSGD can be borrowed here right now?
$19.5K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the steakUSDC / XSGD market?
Lenders earn 0.66% a year right now (0.77% averaged over 30 days). Most lend through vaults, such as Steakhouse Prime XSGD, which spread deposits across several markets.
More ways to borrow against steakUSDC
Other loan assets with steakUSDC as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| steakUSDC / EURCVEthereum · LLTV 91.5% | 0.92% | 1.01% |
