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Morpho Watch

VIRTUAL / WETH on Base

A Morpho market on Base where people borrow WETH against VIRTUAL. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 0.46% a year and borrowers pay 0.46% right now.

Data from Morpho's API · updated

Borrow APY

0.46%

30-day average 0.07%

Supply APY

0.46%

30-day average 0.03%

Supplied

$6.7K

2.50 WETH

Borrowed

$6.7K

100.0% utilization

Available to borrow

$0

free liquidity right now

Collateral posted

$15.3K

19.52K VIRTUAL

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

VIRTUAL / WETH rate history

Average supply and borrow APY for each day

Utilization

VIRTUAL / 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 0.13% 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 VIRTUAL collateral could be liquidated if its price fell by each amount

Based on today's loans and today's VIRTUAL 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 bonus7.41%extra collateral a liquidator receives
VIRTUAL price in WETH0.000292 WETH
OracleChainlinkOracleV20x9C41…4ef1
Price feeds0x148e…8D4f
0xd39E…FFA4
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetWETHprice $2.7K
CollateralVIRTUALprice $0.7850
Borrowers4
CreatedJuly 30, 2026
Market ID0x23c2ad09…d7ef9d
Rate model0x4641…2687
VIRTUAL token0x0b3e…7E1b
WETH token0x4200…0006

Vaults lending here

$6.7K of the $6.7K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Kabu WETHV2lends directly$6.7K1.43%$1.95M

Largest borrowers

4 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x7c18…bE52$6.7K$15.3K1.7342.2%
0xb5C4…D4b7$10.00$19.001.4028.5%
0x57E1…Fca6$0$1.004.1475.8%
0xB0dD…01AA$0$0>9999.5%

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

All liquidations →

About the VIRTUAL / WETH market

The VIRTUAL / WETH market on Base was created on July 30, 2026. Anyone can lend WETH into it, and anyone holding VIRTUAL 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 $6.7K is supplied and $6.7K borrowed, so 100.0% of the market is in use, backed by $15.3K of VIRTUAL from 4 borrowers. Borrowers pay 0.46% a year, 0.07% on average over the last 30 days. Lenders earn 0.46%.

1 listed vault lends here, providing $6.7K of the supply; the largest is Kabu WETH. Liquidators who close an unsafe loan here receive a 7.41% bonus in VIRTUAL.

VIRTUAL / WETH on Base: quick answers

What is the WETH borrow rate against VIRTUAL on Morpho Base?

In this market it is 0.46% 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 VIRTUAL / 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 VIRTUAL worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if VIRTUAL fell to about 0.000190 WETH.

How much WETH can be borrowed here right now?

$0 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the VIRTUAL / WETH market?

Lenders earn 0.46% a year right now (0.03% averaged over 30 days). Most lend through vaults, such as Kabu WETH, which spread deposits across several markets.