Morpho Watch

PT-fxSAVE-29APR2027 / USDC on Ethereum

A Morpho market on Ethereum where people borrow USDC against PT-fxSAVE-29APR2027. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 6.60% a year and borrowers pay 7.02% right now.

Data from Morpho's API · updated

Borrow APY

7.02%

paid by borrowers

Supply APY

6.60%

earned by lenders

Supplied

$500K

500.22K USDC

Borrowed

$471K

94.2% utilization

Available to borrow

$29.0K

free liquidity right now

Collateral posted

$560K

572.54K PT-fxSAVE-29APR2027

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

PT-fxSAVE-29APR2027 / USDC rate history

Average supply and borrow APY for each day

Utilization

PT-fxSAVE-29APR2027 / USDC 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 3.05% 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-fxSAVE-29APR2027 collateral could be liquidated if its price fell by each amount

Based on today's loans and today's PT-fxSAVE-29APR2027 price in USDC. 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 bonus2.62%extra collateral a liquidator receives
PT-fxSAVE-29APR2027 price in USDC0.953 USDCthe market's oracle, which liquidations follow
OracleChainlinkOracleV20xcCFC…7cDC
Price feeds0xb829…1661
0xDBfa…a679
0xc386…973D
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSDCprice $0.9997
CollateralPT-fxSAVE-29APR2027price $0.9783
Borrowers9
CreatedOctober 28, 2026
Market ID0x86f37ab4…02c09e
Rate model0x870a…00BC
PT-fxSAVE-29APR2027 token0xC1eA…eBc3
USDC token0xA0b8…eB48

Vaults lending here

$500K of the $500K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
RockawayX f(x) Protocol Ecosystem USDCV2lends directly$500K9.18%$11.24M

Largest borrowers

9 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x830f…25F9$236K$280K1.065.3%
0x743D…2A73$112K$130K1.043.7%
0x25F5…a382$35.0K$41.5K1.065.3%
0xaA13…e808$34.5K$42.6K1.109.1%
0x54D0…4af1$33.0K$39.8K1.087.1%
0x6048…d55d$14.1K$17.1K1.087.4%
0x4ebE…b99f$4.2K$5.7K1.2117.4%
0xc59b…CFF4$2.5K$3.5K1.2519.9%
0x22D4…676A$1.00$2.002.4258.7%

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-fxSAVE-29APR2027 / USDC market

The PT-fxSAVE-29APR2027 / USDC market on Ethereum was created on October 28, 2026. Anyone can lend USDC into it, and anyone holding PT-fxSAVE-29APR2027 can borrow that USDC 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 $500K is supplied and $471K borrowed, so 94.2% of the market is in use, backed by $560K of PT-fxSAVE-29APR2027 from 9 borrowers. Borrowers pay 7.02% a year. Lenders earn 6.60%.

1 listed vault lends here, providing $500K of the supply; the largest is RockawayX f(x) Protocol Ecosystem USDC. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-fxSAVE-29APR2027. If PT-fxSAVE-29APR2027 fell 20% against USDC, about $557K of collateral would be at risk of liquidation.

PT-fxSAVE-29APR2027 / USDC on Ethereum: quick answers

What is the USDC borrow rate against PT-fxSAVE-29APR2027 on Morpho Ethereum?

In this market it is 7.02% a year right now. The rate is variable: it follows how much of the market's USDC is borrowed, rising quickly above 90%.

When are PT-fxSAVE-29APR2027 / USDC 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-fxSAVE-29APR2027 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-fxSAVE-29APR2027 fell to about 0.521 USDC.

How much USDC can be borrowed here right now?

$29.0K 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-fxSAVE-29APR2027 / USDC market?

Lenders earn 6.60% a year right now. Most lend through vaults, such as RockawayX f(x) Protocol Ecosystem USDC, which spread deposits across several markets.

Does the PT-fxSAVE-29APR2027 / USDC market have any warnings?

Morpho's app flags: unrecognized collateral.