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Morpho Watch

GOLDX / USDC on Ethereum

A Morpho market on Ethereum where people borrow USDC against GOLDX. A loan can be liquidated once it reaches 62.5% of the collateral's value. Lenders earn 6.96% a year and borrowers pay 8.11% right now.

Data from Morpho's API · updated

Borrow APY

8.11%

30-day average 7.40%

Supply APY

6.96%

30-day average 6.35%

Supplied

$3.6K

3.56K USDC

Borrowed

$3.1K

86.4% utilization

Available to borrow

$486

free liquidity right now

Collateral posted

$15.9K

16.00K GOLDX

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

GOLDX / USDC rate history

Average supply and borrow APY for each day

Utilization

GOLDX / USDC 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 6.90% 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 GOLDX collateral could be liquidated if its price fell by each amount

Based on today's loans and today's GOLDX price in USDC. 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
GOLDX price in USDC0.995 USDC
OracleChainlinkOracleV20xfC3E…5f8D
Price feeds0xf93B…241f
0x8fFf…18f6
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSDCprice $0.9999
CollateralGOLDXprice $0.9948
Borrowers1
CreatedJune 13, 2026
Market ID0xf5b23a40…09d449
Rate model0x870a…00BC
GOLDX token0x591b…f4e7
USDC token0xA0b8…eB48

Vaults lending here

$3.6K of the $3.6K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Unified Labs Regulated USDCV2lends directly$3.6K5.00%$6.1K

Largest borrowers

1 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x17f3…e991$3.1K$15.9K3.2469.1%

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

All liquidations →

About the GOLDX / USDC market

The GOLDX / USDC market on Ethereum was created on June 13, 2026. Anyone can lend USDC into it, and anyone holding GOLDX can borrow that USDC 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 $3.6K is supplied and $3.1K borrowed, so 86.4% of the market is in use, backed by $15.9K of GOLDX from 1 borrowers. Borrowers pay 8.11% a year, 7.40% on average over the last 30 days. Lenders earn 6.96%.

1 listed vault lends here, providing $3.6K of the supply; the largest is Unified Labs Regulated USDC. Liquidators who close an unsafe loan here receive a 12.68% bonus in GOLDX.

GOLDX / USDC on Ethereum: quick answers

What is the USDC borrow rate against GOLDX on Morpho Ethereum?

In this market it is 8.11% a year right now, and it averaged 7.40% over the last 30 days. The rate is variable: it follows how much of the market's USDC is borrowed, rising quickly above 90%.

When is a GOLDX / USDC loan liquidated?

When the loan reaches 62.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes GOLDX worth 12.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if GOLDX fell to about 0.796 USDC.

How much USDC can be borrowed here right now?

$486 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the GOLDX / USDC market?

Lenders earn 6.96% a year right now (6.35% averaged over 30 days). Most lend through vaults, such as Unified Labs Regulated USDC, which spread deposits across several markets.