PT-sUSDD-27AUG2026 / USDC on Ethereum
A Morpho market on Ethereum where people borrow USDC against PT-sUSDD-27AUG2026. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 0.00% a year and borrowers pay 1.16% right now.
Data from Morpho's API · updated
Borrow APY
1.16%
30-day average 5.22%
Supply APY
0.00%
30-day average 4.56%
Supplied
$4.3K
4.31K USDC
Borrowed
$0
<0.01% utilization
Available to borrow
$4.3K
free liquidity right now
Collateral posted
$0
0.200 PT-sUSDD-27AUG2026
PT-sUSDD-27AUG2026 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-sUSDD-27AUG2026 / 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 4.61% 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.
Risk settings
| Liquidation LTV (LLTV) | 91.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 2.62%extra collateral a liquidator receives |
| PT-sUSDD-27AUG2026 price in USDC | 0.998 USDC |
| Oracle | Unknown0x208C…595D |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9999 |
|---|---|
| Collateral | PT-sUSDD-27AUG2026price $0.9976 |
| Borrowers | 1 |
| Created | June 1, 2026 |
| Market ID | 0xf02d2e8f…a6dd97 |
| Rate model | 0x870a…00BC |
| PT-sUSDD-27AUG2026 token | 0xD341…1c23 |
| USDC token | 0xA0b8…eB48 |
Vaults lending here
$4.3K of the $4.3K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Gauntlet USDC FrontierV2lends directly | $4.3K |
Largest borrowers
1 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xB47f…0F1F | $0 | 1.78 |
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-sUSDD-27AUG2026 / USDC market
The PT-sUSDD-27AUG2026 / USDC market on Ethereum was created on June 1, 2026. Anyone can lend USDC into it, and anyone holding PT-sUSDD-27AUG2026 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 $4.3K is supplied and $0 borrowed, so <0.01% of the market is in use, backed by $0 of PT-sUSDD-27AUG2026 from 1 borrowers. Borrowers pay 1.16% a year, 5.22% on average over the last 30 days. Lenders earn 0.00%.
1 listed vault lends here, providing $4.3K of the supply; the largest is Gauntlet USDC Frontier. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-sUSDD-27AUG2026.
PT-sUSDD-27AUG2026 / USDC on Ethereum: quick answers
What is the USDC borrow rate against PT-sUSDD-27AUG2026 on Morpho Ethereum?
In this market it is 1.16% a year right now, and it averaged 5.22% 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-sUSDD-27AUG2026 / 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-sUSDD-27AUG2026 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-sUSDD-27AUG2026 fell to about 0.545 USDC.
How much USDC can be borrowed here right now?
$4.3K 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-sUSDD-27AUG2026 / USDC market?
Lenders earn 0.00% a year right now (4.56% averaged over 30 days). Most lend through vaults, such as Gauntlet USDC Frontier, which spread deposits across several markets.