Morpho Watch

VVV / WETH on Base

A Morpho market on Base where people borrow WETH against VVV. A loan can be liquidated once it reaches 62.5% of the collateral's value. Lenders earn 3.16% a year and borrowers pay 3.50% right now.

Data from Morpho's API · updated

Borrow APY

3.50%

30-day average 3.50%

Supply APY

3.16%

30-day average 3.19%

Supplied

$230K

114.32 WETH

Borrowed

$208K

90.5% utilization

Available to borrow

$21.9K

free liquidity right now

Collateral posted

$395K

20.93K VVV

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

VVV / WETH rate history

Average supply and borrow APY for each day

Utilization

VVV / 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 3.06% 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 VVV collateral could be liquidated if its price fell by each amount

Based on today's loans and today's VVV price in WETH. 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 bonus12.68%extra collateral a liquidator receives
VVV price in WETH0.00936 WETHthe market's oracle, which liquidations follow
OracleChainlinkOracleV20x2c03…5c62
Price feeds0x078e…098f
0xd39E…FFA4
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetWETHprice $2.0K
CollateralVVVprice $18.87
Borrowers10
CreatedJuly 30, 2026
Market ID0xa84351c9…bc3c5b
Rate model0x4641…2687
VVV token0xacfE…21bf
WETH token0x4200…0006

Vaults lending here

$230K of the $230K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Kabu WETHV2lends directly$230K1.71%$1.47M

Largest borrowers

10 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0xf1EF…7720$99.9K$172K1.076.7%
0x13F2…AF12$76.8K$156K1.2620.9%
0x3C20…D071$14.0K$36.3K1.6238.3%
0x8512…92Dd$1.1K$2.1K1.2217.8%
0xC295…10b2$369$6631.1210.7%
0xB161…46C0$288$1.6K3.4370.9%
0x52f2…F16b$216$3841.1110.1%
0x1132…A4eF$3.00$33.006.9585.6%
0x57E1…Fca6$0$1.005.1880.7%
0xAAa4…a832$0$9.00>99100.0%

Health is collateral value times the LLTV, divided by the debt. Below 1.00 a loan can be liquidated.

Recent liquidations here

3 in the last 30 days, $272 of debt repaid

All liquidations →
WhenDebt repaidCollateral takenBorrowerTransaction
$16.350.00782 WETH $18.490.925 VVV 0x8909…974b 0x73ce…6cf1
$58.910.026 WETH $66.593.12 VVV 0x8909…974b 0x5d50…eb67
$1970.0846 WETH $22410.57 VVV 0x8909…974b 0x8dcf…f741

About the VVV / WETH market

The VVV / WETH market on Base was created on July 30, 2026. Anyone can lend WETH into it, and anyone holding VVV can borrow that WETH 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 $230K is supplied and $208K borrowed, so 90.5% of the market is in use, backed by $395K of VVV from 10 borrowers. Borrowers pay 3.50% a year, 3.50% on average over the last 30 days. Lenders earn 3.16%.

1 listed vault lends here, providing $230K of the supply; the largest is Kabu WETH. Liquidators who close an unsafe loan here receive a 12.68% bonus in VVV. If VVV fell 20% against WETH, about $175K of collateral would be at risk of liquidation. 3 loans were liquidated here in the last 30 days.

VVV / WETH on Base: quick answers

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

In this market it is 3.50% a year right now, and it averaged 3.50% 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 VVV / WETH 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 VVV worth 12.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if VVV fell to about 0.00749 WETH.

How much WETH can be borrowed here right now?

$21.9K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the VVV / WETH market?

Lenders earn 3.16% a year right now (3.19% averaged over 30 days). Most lend through vaults, such as Kabu WETH, which spread deposits across several markets.