wsuperOETHb / msETH on Base
A Morpho market on Base where people borrow msETH against wsuperOETHb. A loan can be liquidated once it reaches 94.5% of the collateral's value. Lenders earn 2.82% a year and borrowers pay 3.19% right now.
Data from Morpho's API · updated
Borrow APY
3.19%
30-day average 3.18%
Supply APY
2.82%
30-day average 2.90%
Supplied
$31.7K
13.37 msETH
Borrowed
$28.0K
88.3% utilization
Available to borrow
$3.7K
free liquidity right now
Collateral posted
$40.0K
13.48 wsuperOETHb
wsuperOETHb / msETH rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
wsuperOETHb / msETH 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 3.24% 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 wsuperOETHb collateral could be liquidated if its price fell by each amount
Based on today's loans and today's wsuperOETHb price in msETH. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 94.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 1.68%extra collateral a liquidator receives |
| wsuperOETHb price in msETH | 1.25 msETH |
| Oracle | ChainlinkOracleV20x28C9…CF93 |
| Price feeds | 0x7FcD…8Ea6 |
| Market fee | Noneshare of interest taken by the protocol |
| Pre-liquidation | Availableborrowers can opt in to gentler, earlier liquidations from 93.37% LTV |
Details
| Loan asset | msETHprice $2.4K |
|---|---|
| Collateral | wsuperOETHbprice $3.0K |
| Borrow APY, last year | 2.38% |
| Borrowers | 41 |
| Created | October 25, 2024 |
| Market ID | 0x5fda67e2…cbfbe4 |
| Rate model | 0x4641…2687 |
| wsuperOETHb token | 0x7FcD…8Ea6 |
| msETH token | 0x7Ba6…8c98 |
Vaults lending here
$31.7K of the $31.7K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Metronome msETH Vaultlends directly | $31.7K |
Largest borrowers
41 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xA5F1…7333 | $15.1K | 1.03 |
| 0x633a…e020 | $7.1K | 1.03 |
| 0x839e…2fBA | $2.2K | 1.03 |
| 0xa0f9…dCf7 | $1.4K | 1.04 |
| 0x967f…5AfA | $460 | 1.06 |
| 0xD8c8…1122 | $380 | 1.30 |
| 0xEA7F…19dc | $380 | 1.15 |
| 0x7DB0…49C2 | $378 | 1.04 |
| 0x1585…958b | $342 | 1.03 |
| 0xde8a…3A35 | $94.00 | 3.45 |
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 wsuperOETHb / msETH market
The wsuperOETHb / msETH market on Base was created on October 25, 2024. Anyone can lend msETH into it, and anyone holding wsuperOETHb can borrow that msETH against it, up to a loan-to-value of 94.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $31.7K is supplied and $28.0K borrowed, so 88.3% of the market is in use, backed by $40.0K of wsuperOETHb from 41 borrowers. Borrowers pay 3.19% a year, 3.18% on average over the last 30 days and 2.38% over the last year. Lenders earn 2.82%.
1 listed vault lends here, providing $31.7K of the supply; the largest is Metronome msETH Vault. Liquidators who close an unsafe loan here receive a 1.68% bonus in wsuperOETHb. If wsuperOETHb fell 20% against msETH, about $34.0K of collateral would be at risk of liquidation.
wsuperOETHb / msETH on Base: quick answers
What is the msETH borrow rate against wsuperOETHb on Morpho Base?
In this market it is 3.19% a year right now, and it averaged 3.18% over the last 30 days. The rate is variable: it follows how much of the market's msETH is borrowed, rising quickly above 90%.
When is a wsuperOETHb / msETH loan liquidated?
When the loan reaches 94.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes wsuperOETHb worth 1.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if wsuperOETHb fell to about 0.662 msETH.
How much msETH can be borrowed here right now?
$3.7K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the wsuperOETHb / msETH market?
Lenders earn 2.82% a year right now (2.90% averaged over 30 days). Most lend through vaults, such as Metronome msETH Vault, which spread deposits across several markets.
More ways to borrow against wsuperOETHb
Other loan assets with wsuperOETHb as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| wsuperOETHb / WETHBase · LLTV 91.5% | 3.06% | 3.35% |
