WETH / XSGD on Base
A Morpho market on Base where people borrow XSGD against WETH. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 0.68% a year and borrowers pay 0.76% right now.
Data from Morpho's API · updated
Borrow APY
0.76%
30-day average 0.76%
Supply APY
0.68%
30-day average 0.68%
Supplied
$2.6K
3.37K XSGD
Borrowed
$2.4K
90.0% utilization
Available to borrow
$262
free liquidity right now
Collateral posted
$4.7K
2.34 WETH
WETH / XSGD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
WETH / 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.
Liquidation map
How much WETH collateral could be liquidated if its price fell by each amount
Based on today's loans and today's WETH price in XSGD. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 86%fixed for the life of the market |
|---|---|
| Liquidation bonus | 4.38%extra collateral a liquidator receives |
| WETH price in XSGD | 2.59K XSGDthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x6fDE…e2A8 |
| Price feeds | 0x7104…Bb70 0x8157…949b |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | XSGDprice $0.7773 |
|---|---|
| Collateral | WETHprice $2.0K |
| Borrowers | 5 |
| Created | November 18, 2025 |
| Market ID | 0x4e0b2fd8…d3e805 |
| Rate model | 0x4641…2687 |
| WETH token | 0x4200…0006 |
| XSGD token | 0x0A4C…C33b |
Vaults lending here
$2.6K of the $2.6K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Steakhouse Prime XSGDV2lends directly | $2.6K |
Largest borrowers
5 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xC9cC…8717 | $1.6K | 1.68 |
| 0x6798…c8B5 | $703 | 1.90 |
| 0xc6c0…62f2 | $98.00 | 1.90 |
| 0xc8D4…ca3f | $1.00 | 4.25 |
| 0xfeed…3C9a | $1.00 | 2.41 |
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 WETH / XSGD market
The WETH / XSGD market on Base was created on November 18, 2025. Anyone can lend XSGD into it, and anyone holding WETH can borrow that XSGD against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $2.6K is supplied and $2.4K borrowed, so 90.0% of the market is in use, backed by $4.7K of WETH from 5 borrowers. Borrowers pay 0.76% a year, 0.76% on average over the last 30 days. Lenders earn 0.68%.
1 listed vault lends here, providing $2.6K of the supply; the largest is Steakhouse Prime XSGD. Liquidators who close an unsafe loan here receive a 4.38% bonus in WETH.
WETH / XSGD on Base: quick answers
What is the XSGD borrow rate against WETH on Morpho Base?
In this market it is 0.76% a year right now, and it averaged 0.76% 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 are WETH / XSGD loans liquidated?
When a loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes WETH worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if WETH fell to about 1.51K XSGD.
How much XSGD can be borrowed here right now?
$262 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the WETH / XSGD market?
Lenders earn 0.68% a year right now (0.68% averaged over 30 days). Most lend through vaults, such as Steakhouse Prime XSGD, which spread deposits across several markets.
More ways to borrow against WETH
Other loan assets with WETH as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| WETH / USDCBase · LLTV 86% | 4.52% | 5.34% |
| WETH / USDCEthereum · LLTV 86% | 4.48% | 5.18% |
| WETH / EURCBase · LLTV 86% | 6.86% | 7.13% |
| WETH / USDTEthereum · LLTV 86% | 2.99% | 3.57% |
| WETH / USDCArbitrum · LLTV 86% | 6.65% | 7.16% |
| WETH / mUSDMonad · LLTV 86% | 0.05% | 0.43% |
