PT-apxUSD-5NOV2026 / apxUSD on Ethereum
A Morpho market on Ethereum where people borrow apxUSD against PT-apxUSD-5NOV2026. A loan can be liquidated once it reaches 94.5% of the collateral's value. Lenders earn 4.12% a year and borrowers pay 4.59% right now.
Data from Morpho's API · updated
Borrow APY
4.59%
30-day average 4.74%
Supply APY
4.12%
30-day average 4.26%
Supplied
$493K
502.34K apxUSD
Borrowed
$443K
90.0% utilization
Available to borrow
$49.3K
free liquidity right now
Collateral posted
$569K
589.17K PT-apxUSD-5NOV2026
PT-apxUSD-5NOV2026 / apxUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-apxUSD-5NOV2026 / 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 4.59% 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-5NOV2026 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-apxUSD-5NOV2026 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-5NOV2026 price in apxUSD | 0.985 apxUSD |
| Oracle | ChainlinkOracleV20xeCA7…8E0B |
| Price feeds | 0xDf15…0098 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | apxUSDprice $0.9809 |
|---|---|
| Collateral | PT-apxUSD-5NOV2026price $0.9663 |
| Borrowers | 14 |
| Created | May 28, 2026 |
| Market ID | 0xd86df29b…2fa7e3 |
| Rate model | 0x870a…00BC |
| PT-apxUSD-5NOV2026 token | 0xAF68…88b6 |
| apxUSD token | 0x98A8…4665 |
Vaults lending here
No listed vault lends to this market right now
Largest borrowers
14 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x7A27…e9Bc | $220K | 1.02 |
| 0xcD83…0B2b | $98.8K | 1.44 |
| 0xcd9F…5095 | $35.8K | 1.05 |
| 0x6666…6666 | $32.7K | 1.71 |
| 0x9bB0…bD00 | $10.7K | 1.24 |
| 0xeD1f…8036 | $9.9K | 1.50 |
| 0x52D3…396d | $7.8K | 1.16 |
| 0xe51d…3eD9 | $6.9K | 1.23 |
| 0x1afC…C0df | $5.9K | 1.60 |
| 0xE615…3301 | $5.9K | 1.36 |
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-5NOV2026 / apxUSD market
The PT-apxUSD-5NOV2026 / apxUSD market on Ethereum was created on May 28, 2026. Anyone can lend apxUSD into it, and anyone holding PT-apxUSD-5NOV2026 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 $493K is supplied and $443K borrowed, so 90.0% of the market is in use, backed by $569K of PT-apxUSD-5NOV2026 from 14 borrowers. Borrowers pay 4.59% a year, 4.74% on average over the last 30 days. Lenders earn 4.12%.
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 1.68% bonus in PT-apxUSD-5NOV2026. If PT-apxUSD-5NOV2026 fell 20% against apxUSD, about $303K of collateral would be at risk of liquidation.
PT-apxUSD-5NOV2026 / apxUSD on Ethereum: quick answers
What is the apxUSD borrow rate against PT-apxUSD-5NOV2026 on Morpho Ethereum?
In this market it is 4.59% a year right now, and it averaged 4.74% 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-5NOV2026 / apxUSD loan liquidated?
When the 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-5NOV2026 worth 1.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-apxUSD-5NOV2026 fell to about 0.521 apxUSD.
How much apxUSD can be borrowed here right now?
$49.3K 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-5NOV2026 / apxUSD market?
Lenders earn 4.12% a year right now (4.26% averaged over 30 days). Most lend through vaults, which spread deposits across several markets.
More ways to borrow against PT-apxUSD-5NOV2026
Other loan assets with PT-apxUSD-5NOV2026 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-apxUSD-5NOV2026 / USDCEthereum · LLTV 86% | 3.49% | 4.38% |
