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Morpho Watch

stakedao-crvfrxUSD / frxUSD on Ethereum

A Morpho market on Ethereum where people borrow frxUSD against stakedao-crvfrxUSD. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 2.39% a year and borrowers pay 2.95% right now.

Data from Morpho's API · updated

Borrow APY

2.95%

30-day average 5.35%

Supply APY

2.39%

30-day average 4.56%

Supplied

$105K

105.21K frxUSD

Borrowed

$85.4K

81.2% utilization

Available to borrow

$19.8K

free liquidity right now

Collateral posted

$109K

108.25K stakedao-crvfrxUSD

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

stakedao-crvfrxUSD / frxUSD rate history

Average supply and borrow APY for each day

Utilization

stakedao-crvfrxUSD / frxUSD 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 3.18% 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 stakedao-crvfrxUSD collateral could be liquidated if its price fell by each amount

Based on today's loans and today's stakedao-crvfrxUSD price in frxUSD. 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 bonus2.62%extra collateral a liquidator receives
stakedao-crvfrxUSD price in frxUSD1.01 frxUSD
OracleUnknown0x9223…73a6
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetfrxUSDprice $0.9999
Collateralstakedao-crvfrxUSDprice $1.0054
Borrowers6
CreatedJune 16, 2026
Market ID0x35c92b23…edd328
Rate model0x870a…00BC
stakedao-crvfrxUSD token0x728c…9086
frxUSD token0xCAcd…6E29

Vaults lending here

$105K of the $105K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Stake DAO frxUSD v2V2lends directly$105K3.27%$753K

Largest borrowers

6 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0xC792…E98f$44.8K$54.7K1.1210.5%
0xd46c…F2a7$20.9K$30.2K1.3224.3%
0x3004…E2cd$19.1K$23.2K1.1110.3%
0x719a…3b40$447$4961.021.5%
0x0CDe…2172$200$2591.1815.5%
0x794a…9C76$1.00$1.001.044.0%

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

All liquidations →

About the stakedao-crvfrxUSD / frxUSD market

The stakedao-crvfrxUSD / frxUSD market on Ethereum was created on June 16, 2026. Anyone can lend frxUSD into it, and anyone holding stakedao-crvfrxUSD can borrow that frxUSD 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 $105K is supplied and $85.4K borrowed, so 81.2% of the market is in use, backed by $109K of stakedao-crvfrxUSD from 6 borrowers. Borrowers pay 2.95% a year, 5.35% on average over the last 30 days. Lenders earn 2.39%.

1 listed vault lends here, providing $105K of the supply; the largest is Stake DAO frxUSD v2. Liquidators who close an unsafe loan here receive a 2.62% bonus in stakedao-crvfrxUSD. If stakedao-crvfrxUSD fell 20% against frxUSD, about $78.7K of collateral would be at risk of liquidation.

stakedao-crvfrxUSD / frxUSD on Ethereum: quick answers

What is the frxUSD borrow rate against stakedao-crvfrxUSD on Morpho Ethereum?

In this market it is 2.95% a year right now, and it averaged 5.35% over the last 30 days. The rate is variable: it follows how much of the market's frxUSD is borrowed, rising quickly above 90%.

When is a stakedao-crvfrxUSD / frxUSD 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 stakedao-crvfrxUSD worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if stakedao-crvfrxUSD fell to about 0.549 frxUSD.

How much frxUSD can be borrowed here right now?

$19.8K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the stakedao-crvfrxUSD / frxUSD market?

Lenders earn 2.39% a year right now (4.56% averaged over 30 days). Most lend through vaults, such as Stake DAO frxUSD v2, which spread deposits across several markets.