superOETHb / USDC on Base
A Morpho market on Base where people borrow USDC against superOETHb. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 5.51% a year and borrowers pay 6.14% right now.
Data from Morpho's API · updated
Borrow APY
6.14%
30-day average 6.51%
Supply APY
5.51%
30-day average 5.87%
Supplied
$784K
784.08K USDC
Borrowed
$706K
90.0% utilization
Available to borrow
$78.3K
up to $78.4K with vault liquidity
Collateral posted
$1.34M
665.73 superOETHb
superOETHb / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
superOETHb / 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 6.11% 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 superOETHb collateral could be liquidated if its price fell by each amount
Based on today's loans and today's superOETHb price in USDC. 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 |
| superOETHb price in USDC | 2.02K USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xFEa2…aFE4 |
| Price feeds | 0x7104…Bb70 0x7e86…bc6B |
| Market fee | Noneshare of interest taken by the protocol |
| Pre-liquidation | Availableborrowers can opt in to gentler, earlier liquidations from 72.74% LTV |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | superOETHbprice $2.0K |
| Borrow APY, last year | 5.53% |
| Borrowers | 47 |
| Created | September 10, 2025 |
| Market ID | 0x67a66cba…1eb538 |
| Rate model | 0x4641…2687 |
| superOETHb token | 0xDBFe…60A3 |
| USDC token | 0x8335…2913 |
Vaults lending here
$30.3K of the $784K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Yearn OG USDC V2V2lends directly | $17.9K |
| Yearn OG USDClends directly | $8.8K |
| Yield Clearstar USDClends directly | $3.5K |
Largest borrowers
47 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xD0a2…83f6 | $394K | 1.30 |
| 0x4453…8726 | $57.4K | 1.26 |
| 0xEB45…5d31 | $42.3K | 1.95 |
| 0x4C1A…9D0f | $30.6K | 1.92 |
| 0x41ee…eFa0 | $26.0K | 1.30 |
| 0xFF76…fB4c | $24.5K | 1.19 |
| 0x6c26…9A0f | $24.3K | 1.84 |
| 0xa9D4…4856 | $16.2K | 1.69 |
| 0xCFF2…c481 | $15.0K | 2.22 |
| 0xdf56…4cb1 | $12.1K | 1.97 |
Health is collateral value times the LLTV, divided by the debt. Below 1.00 a loan can be liquidated.
Recent liquidations here
1 in the last 30 days, $9.8K of debt repaid
| When | Debt repaid | Transaction |
|---|---|---|
| $9.8K9.82K USDC | 0xc90f…a7a8 |
About the superOETHb / USDC market
The superOETHb / USDC market on Base was created on September 10, 2025. Anyone can lend USDC into it, and anyone holding superOETHb can borrow that USDC against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $784K is supplied and $706K borrowed, so 90.0% of the market is in use, backed by $1.34M of superOETHb from 47 borrowers. Borrowers pay 6.14% a year, 6.51% on average over the last 30 days and 5.53% over the last year. Lenders earn 5.51%.
3 listed vaults lend here, providing $30.3K of the supply; the largest are Yearn OG USDC V2, Yearn OG USDC and Yield Clearstar USDC. Liquidators who close an unsafe loan here receive a 7.41% bonus in superOETHb. If superOETHb fell 20% against USDC, about $83.0K of collateral would be at risk of liquidation. 1 loan was liquidated here in the last 30 days.
superOETHb / USDC on Base: quick answers
What is the USDC borrow rate against superOETHb on Morpho Base?
In this market it is 6.14% a year right now, and it averaged 6.51% 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 superOETHb / USDC loans liquidated?
When a loan reaches 77% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes superOETHb worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if superOETHb fell to about 1.31K USDC.
How much USDC can be borrowed here right now?
$78.3K is free in the market, and vaults can move in up to $127 more through Morpho's public allocator, for about $78.4K in all. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the superOETHb / USDC market?
Lenders earn 5.51% a year right now (5.87% averaged over 30 days). Vaults provide 4% of the supply here (Yearn OG USDC V2, Yearn OG USDC and Yield Clearstar USDC); the rest comes from people lending directly.