PT-strUSD-26NOV2026 / USDC on Ethereum
A Morpho market on Ethereum where people borrow USDC against PT-strUSD-26NOV2026. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 9.69% a year and borrowers pay 10.77% right now.
Data from Morpho's API · updated
Borrow APY
10.77%
30-day average 9.78%
Supply APY
9.69%
30-day average 8.80%
Supplied
$705K
705.66K USDC
Borrowed
$638K
90.5% utilization
Available to borrow
$67.3K
free liquidity right now
Collateral posted
$867K
869.68K PT-strUSD-26NOV2026
PT-strUSD-26NOV2026 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-strUSD-26NOV2026 / 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 9.41% 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-strUSD-26NOV2026 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-strUSD-26NOV2026 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-strUSD-26NOV2026 price in USDC | 0.992 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xdB6e…776D |
| Price feeds | 0xCb8c…640B 0x33c6…3B53 0x8fFf…18f6 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | PT-strUSD-26NOV2026price $0.9965 |
| Borrowers | 30 |
| Created | July 30, 2026 |
| Market ID | 0xf062a110…5ce35d |
| Rate model | 0x870a…00BC |
| PT-strUSD-26NOV2026 token | 0x7429…998f |
| USDC token | 0xA0b8…eB48 |
Vaults lending here
$678K of the $705K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| RockawayX USDC YieldV2lends directly | $359K |
| RockawayX Tori EcosystemV2lends directly | $319K |
Largest borrowers
30 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xff5A…147E | $130K | 1.04 |
| 0x8A05…9660 | $91.1K | 1.04 |
| 0x6111…4483 | $49.2K | 1.53 |
| 0x66C0…b67C | $46.4K | 1.15 |
| 0x9102…6E76 | $44.6K | 1.20 |
| 0xE87C…790A | $36.3K | 1.16 |
| 0x8F4c…ee78 | $35.2K | 1.11 |
| 0x2F42…10dE | $28.6K | 1.17 |
| 0x2119…4BF0 | $27.0K | 1.18 |
| 0x5288…Ba7f | $23.8K | 1.21 |
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-strUSD-26NOV2026 / USDC market
The PT-strUSD-26NOV2026 / USDC market on Ethereum was created on July 30, 2026. Anyone can lend USDC into it, and anyone holding PT-strUSD-26NOV2026 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 $705K is supplied and $638K borrowed, so 90.5% of the market is in use, backed by $867K of PT-strUSD-26NOV2026 from 30 borrowers. Borrowers pay 10.77% a year, 9.78% on average over the last 30 days. Lenders earn 9.69%.
2 listed vaults lend here, providing $678K of the supply; the largest are RockawayX USDC Yield and RockawayX Tori Ecosystem. Liquidators who close an unsafe loan here receive a 4.38% bonus in PT-strUSD-26NOV2026. If PT-strUSD-26NOV2026 fell 20% against USDC, about $727K of collateral would be at risk of liquidation.
PT-strUSD-26NOV2026 / USDC on Ethereum: quick answers
What is the USDC borrow rate against PT-strUSD-26NOV2026 on Morpho Ethereum?
In this market it is 10.77% a year right now, and it averaged 9.78% 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 are PT-strUSD-26NOV2026 / 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-strUSD-26NOV2026 worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-strUSD-26NOV2026 fell to about 0.577 USDC.
How much USDC can be borrowed here right now?
$67.3K 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-strUSD-26NOV2026 / USDC market?
Lenders earn 9.69% a year right now (8.80% averaged over 30 days). Most lend through vaults, such as RockawayX USDC Yield and RockawayX Tori Ecosystem, which spread deposits across several markets.