eurSAFO / EURCV on Ethereum
A Morpho market on Ethereum where people borrow EURCV against eurSAFO. A loan can be liquidated once it reaches 94.5% of the collateral's value. Lenders earn 1.95% a year and borrowers pay 2.15% right now.
Data from Morpho's API · updated
Borrow APY
2.15%
30-day average 1.80%
Supply APY
1.95%
30-day average 1.63%
Supplied
$463K
406.86K EURCV
Borrowed
$420K
90.7% utilization
Available to borrow
$42.8K
up to $248K with vault liquidity
Collateral posted
$532K
461.14K eurSAFO
eurSAFO / EURCV rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
eurSAFO / EURCV 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 1.76% 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 eurSAFO collateral could be liquidated if its price fell by each amount
Based on today's loans and today's eurSAFO price in EURCV. 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 |
| eurSAFO price in EURCV | 1.01 EURCV |
| Oracle | ChainlinkOracleV20x8Bb5…1409 |
| Price feeds | 0x799f…95d5 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | EURCVprice $1.1383 |
|---|---|
| Collateral | eurSAFOprice $1.1545 |
| Borrowers | 8 |
| Created | July 4, 2026 |
| Market ID | 0x36da61bf…548119 |
| Rate model | 0x870a…00BC |
| eurSAFO token | 0x0990…C8B0 |
| EURCV token | 0x5F78…5Ff2 |
Vaults lending here
$463K of the $463K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Steakhouse Prime EURCVV2lends directly | $378K |
| Steakhouse EURCVlends directly | $84.6K |
Largest borrowers
8 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xdE76…B82C | $353K | 1.22 |
| 0x9A79…0b07 | $40.8K | 1.05 |
| 0xd3a6…C18B | $11.2K | 1.06 |
| 0xDAFc…e0F8 | $9.5K | 1.14 |
| 0xa0e6…175d | $3.0K | 1.07 |
| 0x77A2…f679 | $1.3K | 1.12 |
| 0x2A41…D4f1 | $968 | 1.11 |
| 0xfeed…3C9a | $1.00 | 4.25 |
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 eurSAFO / EURCV market
The eurSAFO / EURCV market on Ethereum was created on July 4, 2026. Anyone can lend EURCV into it, and anyone holding eurSAFO can borrow that EURCV 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 $463K is supplied and $420K borrowed, so 90.7% of the market is in use, backed by $532K of eurSAFO from 8 borrowers. Borrowers pay 2.15% a year, 1.80% on average over the last 30 days. Lenders earn 1.95%.
2 listed vaults lend here, providing $463K of the supply; the largest are Steakhouse Prime EURCV and Steakhouse EURCV. Liquidators who close an unsafe loan here receive a 1.68% bonus in eurSAFO. If eurSAFO fell 20% against EURCV, about $532K of collateral would be at risk of liquidation.
eurSAFO / EURCV on Ethereum: quick answers
What is the EURCV borrow rate against eurSAFO on Morpho Ethereum?
In this market it is 2.15% a year right now, and it averaged 1.80% over the last 30 days. The rate is variable: it follows how much of the market's EURCV is borrowed, rising quickly above 90%.
When is a eurSAFO / EURCV 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 eurSAFO worth 1.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if eurSAFO fell to about 0.537 EURCV.
How much EURCV can be borrowed here right now?
$42.8K is free in the market, and vaults can move in up to $205K more through Morpho's public allocator, for about $248K in all. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the eurSAFO / EURCV market?
Lenders earn 1.95% a year right now (1.63% averaged over 30 days). Most lend through vaults, such as Steakhouse Prime EURCV and Steakhouse EURCV, which spread deposits across several markets.