mGLOeuro / EURCV on Ethereum
A Morpho market on Ethereum where people borrow EURCV against mGLOeuro. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 2.87% a year and borrowers pay 3.25% right now.
Data from Morpho's API · updated
Borrow APY
3.25%
30-day average 3.54%
Supply APY
2.87%
30-day average 3.16%
Supplied
$5.65M
5.11M EURCV
Borrowed
$4.99M
88.4% utilization
Available to borrow
$658K
free liquidity right now
Collateral posted
$7.25M
6.55M mGLOeuro
mGLOeuro / EURCV rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
mGLOeuro / 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 3.30% 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 mGLOeuro collateral could be liquidated if its price fell by each amount
Based on today's loans and today's mGLOeuro price in EURCV. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 77%fixed for the life of the market |
|---|---|
| Liquidation bonus | 7.41%extra collateral a liquidator receives |
| mGLOeuro price in EURCV | 1.00 EURCVthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x2b43…47b9 |
| Price feeds | 0x8B7B…9609 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | EURCVprice $1.1047 |
|---|---|
| Collateral | mGLOeuroprice $1.1067 |
| Borrowers | 1 |
| Created | September 17, 2026 |
| Market ID | 0x987b2c19…dd19b0 |
| Rate model | 0x870a…00BC |
| mGLOeuro token | 0x2F8b…7702 |
| EURCV token | 0x5F78…5Ff2 |
Vaults lending here
$5.65M of the $5.65M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Belem RWA EURCVV2lends directly | $5.65M |
Largest borrowers
1 open loan in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xa122…E7c6 | $5.01M | 1.12 |
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 mGLOeuro / EURCV market
The mGLOeuro / EURCV market on Ethereum was created on September 17, 2026. Anyone can lend EURCV into it, and anyone holding mGLOeuro can borrow that EURCV against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $5.65M is supplied and $4.99M borrowed, so 88.4% of the market is in use, backed by $7.25M of mGLOeuro from 1 borrower. Borrowers pay 3.25% a year, 3.54% on average over the last 30 days. Lenders earn 2.87%.
1 listed vault lends here, providing $5.65M of the supply; the largest is Belem RWA EURCV. Liquidators who close an unsafe loan here receive a 7.41% bonus in mGLOeuro. If mGLOeuro fell 20% against EURCV, about $7.27M of collateral would be at risk of liquidation.
mGLOeuro / EURCV on Ethereum: quick answers
What is the EURCV borrow rate against mGLOeuro on Morpho Ethereum?
In this market it is 3.25% a year right now, and it averaged 3.54% 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 are mGLOeuro / EURCV loans liquidated?
When a loan reaches 77% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes mGLOeuro worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if mGLOeuro fell to about 0.649 EURCV.
How much EURCV can be borrowed here right now?
$658K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the mGLOeuro / EURCV market?
Lenders earn 2.87% a year right now (3.16% averaged over 30 days). Most lend through vaults, such as Belem RWA EURCV, which spread deposits across several markets.