oTFY / USDC on Ethereum
A Morpho market on Ethereum where people borrow USDC against oTFY. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn <0.01% a year and borrowers pay 1.75% right now.
Data from Morpho's API · updated
Borrow APY
1.75%
30-day average 7.68%
Supply APY
<0.01%
30-day average 6.92%
Supplied
$2.2K
2.16K USDC
Borrowed
$0
0.0% utilization
Available to borrow
$2.2K
free liquidity right now
Collateral posted
$103
100.54 oTFY
oTFY / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
oTFY / 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 7.20% 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 oTFY collateral could be liquidated if its price fell by each amount
Based on today's loans and today's oTFY price in USDC. 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 |
| oTFY price in USDC | 1.03 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xB2Bd…6Bce |
| Price feeds | 0xdC9C…0650 0x8fFf…18f6 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | oTFYprice $1.0279 |
| Borrowers | 2 |
| Created | September 3, 2026 |
| Market ID | 0xdd89d343…a7e8a0 |
| Rate model | 0x870a…00BC |
| oTFY token | 0xc204…3D37 |
| USDC token | 0xA0b8…eB48 |
Vaults lending here
No listed vault lends to this market right now
Largest borrowers
2 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x7FBF…847d | $851K | 2.73 |
| 0x22D4…676A | $0 | 1.74 |
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 oTFY / USDC market
The oTFY / USDC market on Ethereum was created on September 3, 2026. Anyone can lend USDC into it, and anyone holding oTFY can borrow that USDC against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $2.2K is supplied and $0 borrowed, so 0.0% of the market is in use, backed by $103 of oTFY from 2 borrowers. Borrowers pay 1.75% a year, 7.68% on average over the last 30 days. Lenders earn 0.00%.
No listed vault lends to this market right now, so its supply comes from direct lenders. Liquidators who close an unsafe loan here receive a 7.41% bonus in oTFY.
oTFY / USDC on Ethereum: quick answers
What is the USDC borrow rate against oTFY on Morpho Ethereum?
In this market it is 1.75% a year right now, and it averaged 7.68% 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 are oTFY / USDC 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 oTFY worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if oTFY fell to about 0.67 USDC.
How much USDC can be borrowed here right now?
$2.2K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the oTFY / USDC market?
Lenders earn 0.00% a year right now (6.92% averaged over 30 days). No listed vault lends here, so the supply comes from people lending directly.