PT-apyUSD-5NOV2026 / apxUSD on Ethereum
A Morpho market on Ethereum where people borrow apxUSD against PT-apyUSD-5NOV2026. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 10.06% a year and borrowers pay 11.48% right now.
Data from Morpho's API · updated
Borrow APY
11.48%
30-day average 11.90%
Supply APY
10.06%
30-day average 10.62%
Supplied
$6.88M
7.02M apxUSD
Borrowed
$6.07M
88.2% utilization
Available to borrow
$815K
free liquidity right now
Collateral posted
$7.43M
7.79M PT-apyUSD-5NOV2026
PT-apyUSD-5NOV2026 / apxUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-apyUSD-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 11.67% 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-5NOV2026 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-apyUSD-5NOV2026 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-5NOV2026 price in apxUSD | 0.972 apxUSD |
| Oracle | ChainlinkOracleV20xD3ac…87E9 |
| Price feeds | 0x5a35…7ACD |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | apxUSDprice $0.9809 |
|---|---|
| Collateral | PT-apyUSD-5NOV2026price $0.9535 |
| Borrowers | 58 |
| Created | May 28, 2026 |
| Market ID | 0xebd23a87…c6ec85 |
| Rate model | 0x870a…00BC |
| PT-apyUSD-5NOV2026 token | 0xb5Be…F150 |
| apxUSD token | 0x98A8…4665 |
Vaults lending here
$2.96M of the $6.88M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Apyx apxUSDV2lends directly | $2.96M |
Largest borrowers
58 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x687f…75B7 | $2.42M | 1.03 |
| 0xF25d…8129 | $418K | 1.15 |
| 0x333C…f943 | $413K | 1.03 |
| 0x3531…2Dd4 | $374K | 1.01 |
| 0xc79a…eE9e | $340K | 1.10 |
| 0xDfA8…F1b6 | $301K | 1.28 |
| 0x905F…c0b4 | $238K | 1.49 |
| 0x256C…98CD | $236K | 1.11 |
| 0x7044…b61e | $230K | 1.20 |
| 0x7a60…c9B1 | $171K | 1.02 |
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-5NOV2026 / apxUSD market
The PT-apyUSD-5NOV2026 / apxUSD market on Ethereum was created on May 28, 2026. Anyone can lend apxUSD into it, and anyone holding PT-apyUSD-5NOV2026 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 $6.88M is supplied and $6.07M borrowed, so 88.2% of the market is in use, backed by $7.43M of PT-apyUSD-5NOV2026 from 58 borrowers. Borrowers pay 11.48% a year, 11.90% on average over the last 30 days. Lenders earn 10.06%.
1 listed vault lends here, providing $2.96M of the supply; the largest is Apyx apxUSD. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-apyUSD-5NOV2026. If PT-apyUSD-5NOV2026 fell 20% against apxUSD, about $6.32M of collateral would be at risk of liquidation.
PT-apyUSD-5NOV2026 / apxUSD on Ethereum: quick answers
What is the apxUSD borrow rate against PT-apyUSD-5NOV2026 on Morpho Ethereum?
In this market it is 11.48% a year right now, and it averaged 11.90% 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-apyUSD-5NOV2026 / apxUSD loan liquidated?
When the 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-5NOV2026 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-apyUSD-5NOV2026 fell to about 0.531 apxUSD.
How much apxUSD can be borrowed here right now?
$815K 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-5NOV2026 / apxUSD market?
Lenders earn 10.06% a year right now (10.62% averaged over 30 days). Most lend through vaults, such as Apyx apxUSD, which spread deposits across several markets.
More ways to borrow against PT-apyUSD-5NOV2026
Other loan assets with PT-apyUSD-5NOV2026 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-apyUSD-5NOV2026 / USDCEthereum · LLTV 86% | 4.71% | 6.21% |
