armUSDTp / WBTC on Ethereum
A Morpho market on Ethereum where people borrow WBTC against armUSDTp. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 2.89% a year and borrowers pay 3.15% right now.
Data from Morpho's API · updated
Borrow APY
3.15%
paid by borrowers
Supply APY
2.89%
earned by lenders
Supplied
$70.0K
0.834 WBTC
Borrowed
$64.2K
91.8% utilization
Available to borrow
$5.7K
free liquidity right now
Collateral posted
$0
110.00K armUSDTp
armUSDTp / WBTC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
armUSDTp / WBTC 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 2.13% 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.
Risk settings
| Liquidation LTV (LLTV) | 77%fixed for the life of the market |
|---|---|
| Liquidation bonus | 7.41%extra collateral a liquidator receives |
| armUSDTp price in WBTC | – |
| Oracle | ChainlinkOracleV20xcaDa…e131 |
| Price feeds | 0x3E7d…e32D 0xF403…E88c 0xfdFD…BB23 0xBf29…6838 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | WBTCprice $83.9K |
|---|---|
| Collateral | armUSDTpprice – |
| Borrowers | 2 |
| Created | September 9, 2026 |
| Market ID | 0xb468f20a…780285 |
| Rate model | 0x870a…00BC |
| armUSDTp token | 0xBf29…6838 |
| WBTC token | 0x2260…C599 |
Vaults lending here
$70.0K of the $70.0K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Wintermute Confidential WBTCV2lends directly | $70.0K |
Largest borrowers
2 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x01fB…C384 | $64.4K | 1.32 |
| 0x694c…8310 | $1.00 | 2.66 |
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 armUSDTp / WBTC market
The armUSDTp / WBTC market on Ethereum was created on September 9, 2026. Anyone can lend WBTC into it, and anyone holding armUSDTp can borrow that WBTC against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $70.0K is supplied and $64.2K borrowed, so 91.8% of the market is in use, backed by $0 of armUSDTp from 2 borrowers. Borrowers pay 3.15% a year. Lenders earn 2.89%.
1 listed vault lends here, providing $70.0K of the supply; the largest is Wintermute Confidential WBTC. Liquidators who close an unsafe loan here receive a 7.41% bonus in armUSDTp.
armUSDTp / WBTC on Ethereum: quick answers
What is the WBTC borrow rate against armUSDTp on Morpho Ethereum?
In this market it is 3.15% a year right now. The rate is variable: it follows how much of the market's WBTC is borrowed, rising quickly above 90%.
When is a armUSDTp / WBTC 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 armUSDTp worth 7.41% more than it repaid.
How much WBTC can be borrowed here right now?
$5.7K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the armUSDTp / WBTC market?
Lenders earn 2.89% a year right now. Most lend through vaults, such as Wintermute Confidential WBTC, which spread deposits across several markets.