PT-apyUSD-11FEB2027 / apxUSD on Ethereum
A Morpho market on Ethereum where people borrow apxUSD against PT-apyUSD-11FEB2027. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 9.14% a year and borrowers pay 10.11% right now.
Data from Morpho's API · updated
Borrow APY
10.11%
paid by borrowers
Supply APY
9.14%
earned by lenders
Supplied
$2.57M
2.59M apxUSD
Borrowed
$2.34M
90.9% utilization
Available to borrow
$235K
free liquidity right now
Collateral posted
$3.18M
3.36M PT-apyUSD-11FEB2027
PT-apyUSD-11FEB2027 / apxUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-apyUSD-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 7.97% 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-apyUSD-11FEB2027 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-apyUSD-11FEB2027 price in apxUSD. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 91.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 2.62%extra collateral a liquidator receives |
| PT-apyUSD-11FEB2027 price in apxUSD | 0.951 apxUSDthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x439E…B0AF |
| Price feeds | 0x41BB…b0c3 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | apxUSDprice $0.9915 |
|---|---|
| Collateral | PT-apyUSD-11FEB2027price $0.9448 |
| Borrowers | 16 |
| Created | October 23, 2026 |
| Market ID | 0xbcdb9e4b…a01d8a |
| Rate model | 0x870a…00BC |
| PT-apyUSD-11FEB2027 token | 0x60b1…4847 |
| apxUSD token | 0x98A8…4665 |
Vaults lending here
$2.24M of the $2.57M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Apyx apxUSDV2lends directly | $2.24M |
Largest borrowers
16 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x19E9…31e2 | $1.10M | 1.01 |
| 0x3531…2Dd4 | $407K | 1.00 |
| 0x272C…2e2c | $158K | 1.04 |
| 0xEBb8…9A03 | $149K | 1.74 |
| 0x905F…c0b4 | $143K | 2.52 |
| 0xd2fd…233b | $127K | 1.05 |
| 0xcF01…f9f8 | $59.8K | 1.15 |
| 0x2737…6AFC | $45.2K | 1.13 |
| 0xD77F…A597 | $12.9K | 1.06 |
| 0x1e23…4659 | $4.6K | 1.13 |
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-apyUSD-11FEB2027 / apxUSD market
The PT-apyUSD-11FEB2027 / apxUSD market on Ethereum was created on October 23, 2026. Anyone can lend apxUSD into it, and anyone holding PT-apyUSD-11FEB2027 can borrow that apxUSD against it, up to a loan-to-value of 91.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $2.57M is supplied and $2.34M borrowed, so 90.9% of the market is in use, backed by $3.18M of PT-apyUSD-11FEB2027 from 16 borrowers. Borrowers pay 10.11% a year. Lenders earn 9.14%.
1 listed vault lends here, providing $2.24M of the supply; the largest is Apyx apxUSD. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-apyUSD-11FEB2027. If PT-apyUSD-11FEB2027 fell 20% against apxUSD, about $2.14M of collateral would be at risk of liquidation.
PT-apyUSD-11FEB2027 / apxUSD on Ethereum: quick answers
What is the apxUSD borrow rate against PT-apyUSD-11FEB2027 on Morpho Ethereum?
In this market it is 10.11% 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-apyUSD-11FEB2027 / apxUSD loans liquidated?
When a loan reaches 91.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PT-apyUSD-11FEB2027 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-apyUSD-11FEB2027 fell to about 0.519 apxUSD.
How much apxUSD can be borrowed here right now?
$235K 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-apyUSD-11FEB2027 / apxUSD market?
Lenders earn 9.14% a year right now. Most lend through vaults, such as Apyx apxUSD, which spread deposits across several markets.
More ways to borrow against PT-apyUSD-11FEB2027
Other loan assets with PT-apyUSD-11FEB2027 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-apyUSD-11FEB2027 / USDCEthereum · LLTV 86% | 14.29% | 15.17% |
