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Morpho Watch

PT-apxUSD-18JUN2026 / apxUSD on Ethereum

A Morpho market on Ethereum where people borrow apxUSD against PT-apxUSD-18JUN2026. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn <0.01% a year and borrowers pay 0.03% right now.

Data from Morpho's API · updated

Borrow APY

0.03%

30-day average 0.09%

Supply APY

<0.01%

30-day average <0.01%

Supplied

$4.2K

4.24K apxUSD

Borrowed

$88.00

2.1% utilization

Available to borrow

$4.1K

free liquidity right now

Collateral posted

$133

135.69 PT-apxUSD-18JUN2026

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

PT-apxUSD-18JUN2026 / apxUSD rate history

Average supply and borrow APY for each day

Utilization

PT-apxUSD-18JUN2026 / 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 0.10% 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-18JUN2026 collateral could be liquidated if its price fell by each amount

Based on today's loans and today's PT-apxUSD-18JUN2026 price in apxUSD. Borrowers who repay or add collateral move these numbers every day.

Risk settings

Liquidation LTV (LLTV)86%fixed for the life of the market
Liquidation bonus4.38%extra collateral a liquidator receives
PT-apxUSD-18JUN2026 price in apxUSD1.00 apxUSD
OracleChainlinkOracleV20x9acf…7A03
Price feeds0xEfDB…4C86
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetapxUSDprice $0.9809
CollateralPT-apxUSD-18JUN2026price $0.9809
Borrowers4
CreatedMarch 19, 2026
Market ID0xf3814af4…364746
Rate model0x870a…00BC
PT-apxUSD-18JUN2026 token0x92a6…1dCB
apxUSD token0x98A8…4665

Vaults lending here

No listed vault lends to this market right now

Largest borrowers

4 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x1111…1111$88.00$1281.2520.3%
0xbdc6…e499$0$01.055.0%
0x2F20…261F$0$01.055.0%
0xB493…a16B$0$01.044.1%

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 PT-apxUSD-18JUN2026 / apxUSD market

The PT-apxUSD-18JUN2026 / apxUSD market on Ethereum was created on March 19, 2026. Anyone can lend apxUSD into it, and anyone holding PT-apxUSD-18JUN2026 can borrow that apxUSD against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.

Right now $4.2K is supplied and $88.00 borrowed, so 2.1% of the market is in use, backed by $133 of PT-apxUSD-18JUN2026 from 4 borrowers. Borrowers pay 0.03% a year, 0.09% 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 4.38% bonus in PT-apxUSD-18JUN2026.

PT-apxUSD-18JUN2026 / apxUSD on Ethereum: quick answers

What is the apxUSD borrow rate against PT-apxUSD-18JUN2026 on Morpho Ethereum?

In this market it is 0.03% a year right now, and it averaged 0.09% over the last 30 days. The rate is variable: it follows how much of the market's apxUSD is borrowed, rising quickly above 90%.

When is a PT-apxUSD-18JUN2026 / apxUSD loan liquidated?

When the loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PT-apxUSD-18JUN2026 worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-apxUSD-18JUN2026 fell to about 0.581 apxUSD.

How much apxUSD can be borrowed here right now?

$4.1K 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-18JUN2026 / apxUSD market?

Lenders earn 0.00% a year right now (0.00% averaged over 30 days). Most lend through vaults, which spread deposits across several markets.