SolvBTC / WBTC on Ethereum
A Morpho market on Ethereum where people borrow WBTC against SolvBTC. A loan can be liquidated once it reaches 94.5% of the collateral's value. Lenders earn 0.00% a year and borrowers pay 0.03% right now.
Data from Morpho's API · updated
Borrow APY
0.03%
30-day average 0.00%
Supply APY
0.00%
30-day average 0.00%
Supplied
$98.2K
1.37 WBTC
Borrowed
$24.00
0.0% utilization
Available to borrow
$98.1K
free liquidity right now
Collateral posted
$14.4K
0.2 SolvBTC
SolvBTC / WBTC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
SolvBTC / WBTC 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 0.10% 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 SolvBTC collateral could be liquidated if its price fell by each amount
Based on today's loans and today's SolvBTC price in WBTC. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 94.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 1.68%extra collateral a liquidator receives |
| SolvBTC price in WBTC | 1.00 WBTCthe market's oracle, which liquidations follow |
| Oracle | Unknown0xB8e0…413a |
| Market fee | Noneshare of interest taken by the protocol |
| Pre-liquidation | Availableborrowers can opt in to gentler, earlier liquidations from 93.37% LTV |
Details
| Loan asset | WBTCprice $71.9K |
|---|---|
| Collateral | SolvBTCprice $71.7K |
| Borrow APY, last year | 0.94% |
| Borrowers | 3 |
| Created | August 14, 2025 |
| Market ID | 0xce68c7aa…bc4cf2 |
| Rate model | 0x870a…00BC |
| SolvBTC token | 0x7A56…2F97 |
| WBTC token | 0x2260…C599 |
Vaults lending here
$98.2K of the $98.2K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Gauntlet WBTC Corelends directly | $98.2K |
Largest borrowers
3 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x7095…b2c8 | $13.00 | 1.04 |
| 0xd6E8…fCAf | $11.00 | 1.05 |
| 0xB47f…0F1F | $0 | 18.68 |
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 SolvBTC / WBTC market
The SolvBTC / WBTC market on Ethereum was created on August 14, 2025. Anyone can lend WBTC into it, and anyone holding SolvBTC can borrow that WBTC against it, up to a loan-to-value of 94.5% (its LLTV), where liquidation starts. Prices come from a custom oracle; check its source before borrowing or lending.
Right now $98.2K is supplied and $24.00 borrowed, so 0.0% of the market is in use, backed by $14.4K of SolvBTC from 3 borrowers. Borrowers pay 0.03% a year, 0.00% on average over the last 30 days and 0.94% over the last year. Lenders earn 0.00%.
1 listed vault lends here, providing $98.2K of the supply; the largest is Gauntlet WBTC Core. Liquidators who close an unsafe loan here receive a 1.68% bonus in SolvBTC. If SolvBTC fell 20% against WBTC, about $27.00 of collateral would be at risk of liquidation.
SolvBTC / WBTC on Ethereum: quick answers
What is the WBTC borrow rate against SolvBTC on Morpho Ethereum?
In this market it is 0.03% a year right now, and it averaged 0.00% over the last 30 days. The rate is variable: it follows how much of the market's WBTC is borrowed, rising quickly above 90%.
When are SolvBTC / WBTC loans liquidated?
When a loan reaches 94.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes SolvBTC worth 1.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if SolvBTC fell to about 0.529 WBTC.
How much WBTC can be borrowed here right now?
$98.1K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the SolvBTC / WBTC market?
Lenders earn 0.00% a year right now (0.00% averaged over 30 days). Most lend through vaults, such as Gauntlet WBTC Core, which spread deposits across several markets.