PT-apxUSD-11FEB2027 / apxUSD on Ethereum
A Morpho market on Ethereum where people borrow apxUSD against PT-apxUSD-11FEB2027. A loan can be liquidated once it reaches 94.5% of the collateral's value. Lenders earn 9.63% a year and borrowers pay 10.66% right now.
Data from Morpho's API · updated
Borrow APY
10.66%
paid by borrowers
Supply APY
9.63%
earned by lenders
Supplied
$1.24M
1.25M apxUSD
Borrowed
$1.12M
90.8% utilization
Available to borrow
$114K
free liquidity right now
Collateral posted
$1.22M
1.27M PT-apxUSD-11FEB2027
PT-apxUSD-11FEB2027 / apxUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-apxUSD-11FEB2027 / apxUSD 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 8.55% 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 PT-apxUSD-11FEB2027 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-apxUSD-11FEB2027 price in apxUSD. 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 |
| PT-apxUSD-11FEB2027 price in apxUSD | 0.951 apxUSDthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xC29f…7eef |
| Price feeds | 0x5916…3462 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | apxUSDprice $0.9915 |
|---|---|
| Collateral | PT-apxUSD-11FEB2027price $0.9583 |
| Borrowers | 9 |
| Created | October 23, 2026 |
| Market ID | 0xa81671bb…ef4b34 |
| Rate model | 0x870a…00BC |
| PT-apxUSD-11FEB2027 token | 0x70A3…420E |
| apxUSD token | 0x98A8…4665 |
Vaults lending here
$1.24M of the $1.24M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Apyx apxUSDV2lends directly | $1.24M |
Largest borrowers
9 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x3531…2Dd4 | $935K | 1.00 |
| 0x19E9…31e2 | $100K | 1.02 |
| 0x37eA…4D81 | $29.0K | 1.09 |
| 0x389a…eb09 | $22.9K | 1.00 |
| 0xD77F…A597 | $22.1K | 1.05 |
| 0x02aD…42aF | $8.8K | 1.00 |
| 0x2F20…261F | $2.1K | 1.24 |
| 0x2A65…c1ae | $531 | 1.96 |
| 0xC56E…40fD | $0 | >99 |
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 PT-apxUSD-11FEB2027 / apxUSD market
The PT-apxUSD-11FEB2027 / apxUSD market on Ethereum was created on October 23, 2026. Anyone can lend apxUSD into it, and anyone holding PT-apxUSD-11FEB2027 can borrow that apxUSD 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 $1.24M is supplied and $1.12M borrowed, so 90.8% of the market is in use, backed by $1.22M of PT-apxUSD-11FEB2027 from 9 borrowers. Borrowers pay 10.66% a year. Lenders earn 9.63%.
1 listed vault lends here, providing $1.24M of the supply; the largest is Apyx apxUSD. Liquidators who close an unsafe loan here receive a 1.68% bonus in PT-apxUSD-11FEB2027. If PT-apxUSD-11FEB2027 fell 20% against apxUSD, about $1.21M of collateral would be at risk of liquidation.
PT-apxUSD-11FEB2027 / apxUSD on Ethereum: quick answers
What is the apxUSD borrow rate against PT-apxUSD-11FEB2027 on Morpho Ethereum?
In this market it is 10.66% a year right now. The rate is variable: it follows how much of the market's apxUSD is borrowed, rising quickly above 90%.
When are PT-apxUSD-11FEB2027 / apxUSD loans liquidated?
When a loan reaches 94.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PT-apxUSD-11FEB2027 worth 1.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-apxUSD-11FEB2027 fell to about 0.503 apxUSD.
How much apxUSD can be borrowed here right now?
$114K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the PT-apxUSD-11FEB2027 / apxUSD market?
Lenders earn 9.63% a year right now. Most lend through vaults, such as Apyx apxUSD, which spread deposits across several markets.
More ways to borrow against PT-apxUSD-11FEB2027
Other loan assets with PT-apxUSD-11FEB2027 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-apxUSD-11FEB2027 / USDCEthereum · LLTV 86% | 4.39% | 5.61% |
