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 3.17% a year and borrowers pay 3.50% right now.
Data from Morpho's API · updated
Borrow APY
3.50%
30-day average 3.51%
Supply APY
3.17%
30-day average 3.24%
Supplied
$1.6K
0.774 WETH
Borrowed
$1.4K
90.7% utilization
Available to borrow
$145
free liquidity right now
Collateral posted
$2.9K
5.58K VIRTUAL
VIRTUAL / WETH rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
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 2.91% 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 bonus | 7.41%extra collateral a liquidator receives |
| VIRTUAL price in WETH | 0.000254 WETHthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x9C41…4ef1 |
| Price feeds | 0x148e…8D4f 0xd39E…FFA4 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | WETHprice $2.0K |
|---|---|
| Collateral | VIRTUALprice $0.5139 |
| Borrowers | 6 |
| Created | July 30, 2026 |
| Market ID | 0x23c2ad09…d7ef9d |
| Rate model | 0x4641…2687 |
| VIRTUAL token | 0x0b3e…7E1b |
| WETH token | 0x4200…0006 |
Vaults lending here
$1.6K of the $1.6K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Kabu WETHV2lends directly | $1.6K |
Largest borrowers
6 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xDAeF…51a5 | $670 | 1.18 |
| 0x289d…5C25 | $427 | 1.98 |
| 0x51D9…91f1 | $149 | 1.76 |
| 0x1132…A4eF | $4.00 | 6.91 |
| 0x57E1…Fca6 | $0 | 3.68 |
| 0xB0dD…01AA | $0 | >99 |
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 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 $1.6K is supplied and $1.4K borrowed, so 90.7% of the market is in use, backed by $2.9K of VIRTUAL from 6 borrowers. Borrowers pay 3.50% a year, 3.51% on average over the last 30 days. Lenders earn 3.17%.
1 listed vault lends here, providing $1.6K of the supply; the largest is Kabu WETH. Liquidators who close an unsafe loan here receive a 7.41% bonus in VIRTUAL. If VIRTUAL fell 20% against WETH, about $1.0K of collateral would be at risk of liquidation.
VIRTUAL / WETH on Base: quick answers
What is the WETH borrow rate against VIRTUAL on Morpho Base?
In this market it is 3.50% a year right now, and it averaged 3.51% 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 are VIRTUAL / WETH 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 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 0.000165 WETH.
How much WETH can be borrowed here right now?
$145 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 3.17% a year right now (3.24% averaged over 30 days). Most lend through vaults, such as Kabu WETH, which spread deposits across several markets.