PT-srUSDat-14JAN2027 / USDC on Ethereum
A Morpho market on Ethereum where people borrow USDC against PT-srUSDat-14JAN2027. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 9.02% a year and borrowers pay 9.06% right now.
Data from Morpho's API · updated
Borrow APY
9.06%
30-day average 4.99%
Supply APY
9.02%
30-day average 4.88%
Supplied
$60.1K
60.10K USDC
Borrowed
$59.8K
99.5% utilization
Available to borrow
$300
free liquidity right now
Collateral posted
$70.7K
72.71K PT-srUSDat-14JAN2027
PT-srUSDat-14JAN2027 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-srUSDat-14JAN2027 / 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 2.33% 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-srUSDat-14JAN2027 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-srUSDat-14JAN2027 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 bonus | 2.62%extra collateral a liquidator receives |
| PT-srUSDat-14JAN2027 price in USDC | 0.973 USDC |
| Oracle | Unknown0x0ed0…8844 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9999 |
|---|---|
| Collateral | PT-srUSDat-14JAN2027price $0.9726 |
| Borrowers | 4 |
| Created | August 21, 2026 |
| Market ID | 0xdf9ba95a…79c9a8 |
| Rate model | 0x870a…00BC |
| PT-srUSDat-14JAN2027 token | 0x2c3e…A062 |
| USDC token | 0xA0b8…eB48 |
Vaults lending here
$60.1K of the $60.1K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Saturn USDCV2lends directly | $60.1K |
Largest borrowers
4 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xf2A1…0828 | $46.1K | 1.06 |
| 0xEdb6…9b2E | $10.0K | 1.02 |
| 0x3542…45bD | $3.7K | 1.49 |
| 0x594c…D562 | $0 | 91.78 |
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-srUSDat-14JAN2027 / USDC market
The PT-srUSDat-14JAN2027 / USDC market on Ethereum was created on August 21, 2026. Anyone can lend USDC into it, and anyone holding PT-srUSDat-14JAN2027 can borrow that USDC against it, up to a loan-to-value of 91.5% (its LLTV), where liquidation starts. Prices come from a custom oracle; check its source before borrowing or lending.
Right now $60.1K is supplied and $59.8K borrowed, so 99.5% of the market is in use, backed by $70.7K of PT-srUSDat-14JAN2027 from 4 borrowers. Borrowers pay 9.06% a year, 4.99% on average over the last 30 days. Lenders earn 9.02%.
1 listed vault lends here, providing $60.1K of the supply; the largest is Saturn USDC. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-srUSDat-14JAN2027. If PT-srUSDat-14JAN2027 fell 20% against USDC, about $64.8K of collateral would be at risk of liquidation.
PT-srUSDat-14JAN2027 / USDC on Ethereum: quick answers
What is the USDC borrow rate against PT-srUSDat-14JAN2027 on Morpho Ethereum?
In this market it is 9.06% a year right now, and it averaged 4.99% over the last 30 days. The rate is variable: it follows how much of the market's USDC is borrowed, rising quickly above 90%.
When is a PT-srUSDat-14JAN2027 / USDC 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-srUSDat-14JAN2027 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-srUSDat-14JAN2027 fell to about 0.532 USDC.
How much USDC can be borrowed here right now?
$300 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-srUSDat-14JAN2027 / USDC market?
Lenders earn 9.02% a year right now (4.88% averaged over 30 days). Most lend through vaults, such as Saturn USDC, which spread deposits across several markets.
Other PT-srUSDat-14JAN2027 / USDC markets
The same pair with a different LLTV, oracle or network
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-srUSDat-14JAN2027 / USDCMonad · LLTV 91.5% | 7.84%+0.14% rewards | 8.66% |