PT-siUSD-7JAN2027 / USDC on Ethereum
A Morpho market on Ethereum where people borrow USDC against PT-siUSD-7JAN2027. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 4.00% a year and borrowers pay 4.43% right now.
Data from Morpho's API · updated
Borrow APY
4.43%
paid by borrowers
Supply APY
4.00%
earned by lenders
Supplied
$81.2K
81.22K USDC
Borrowed
$73.5K
90.5% utilization
Available to borrow
$7.7K
up to $17.7K with vault liquidity
Collateral posted
$98.7K
101.22K PT-siUSD-7JAN2027
PT-siUSD-7JAN2027 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-siUSD-7JAN2027 / 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 3.81% 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-siUSD-7JAN2027 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-siUSD-7JAN2027 price in USDC. 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 bonus | 4.38%extra collateral a liquidator receives |
| PT-siUSD-7JAN2027 price in USDC | 0.962 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xf9c1…7570 |
| Price feeds | 0x29e0…7bF9 0xF81A…7067 0xc386…973D |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | PT-siUSD-7JAN2027price $0.9750 |
| Borrowers | 2 |
| Created | September 30, 2026 |
| Market ID | 0x0c93c623…0f9689 |
| Rate model | 0x870a…00BC |
| PT-siUSD-7JAN2027 token | 0x7654…5Fd1 |
| USDC token | 0xA0b8…eB48 |
Vaults lending here
$81.2K of the $81.2K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Yearn OG USDClends directly | $81.2K |
Largest borrowers
2 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x6531…A398 | $73.5K | 1.14 |
| 0x50B7…a8fA | $1.00 | 1.53 |
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-siUSD-7JAN2027 / USDC market
The PT-siUSD-7JAN2027 / USDC market on Ethereum was created on September 30, 2026. Anyone can lend USDC into it, and anyone holding PT-siUSD-7JAN2027 can borrow that USDC against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $81.2K is supplied and $73.5K borrowed, so 90.5% of the market is in use, backed by $98.7K of PT-siUSD-7JAN2027 from 2 borrowers. Borrowers pay 4.43% a year. Lenders earn 4.00%.
1 listed vault lends here, providing $81.2K of the supply; the largest is Yearn OG USDC. Liquidators who close an unsafe loan here receive a 4.38% bonus in PT-siUSD-7JAN2027. If PT-siUSD-7JAN2027 fell 20% against USDC, about $99.1K of collateral would be at risk of liquidation.
PT-siUSD-7JAN2027 / USDC on Ethereum: quick answers
What is the USDC borrow rate against PT-siUSD-7JAN2027 on Morpho Ethereum?
In this market it is 4.43% 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-siUSD-7JAN2027 / USDC loans liquidated?
When a loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PT-siUSD-7JAN2027 worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-siUSD-7JAN2027 fell to about 0.56 USDC.
How much USDC can be borrowed here right now?
$7.7K is free in the market, and vaults can move in up to $10.0K more through Morpho's public allocator, for about $17.7K in all. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the PT-siUSD-7JAN2027 / USDC market?
Lenders earn 4.00% a year right now. Most lend through vaults, such as Yearn OG USDC, which spread deposits across several markets.