Morpho Watch

stakedao-frx-trUSD / frxUSD on Ethereum

A Morpho market on Ethereum where people borrow frxUSD against stakedao-frx-trUSD. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 0.00% a year and borrowers pay 0.43% right now.

Data from Morpho's API · updated

Borrow APY

0.43%

paid by borrowers

Supply APY

0.00%

earned by lenders

Supplied

$82.0K

81.95K frxUSD

Borrowed

$1.00

<0.01% utilization

Available to borrow

$81.9K

free liquidity right now

Collateral posted

$2.00

1.61 stakedao-frx-trUSD

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

stakedao-frx-trUSD / frxUSD rate history

Average supply and borrow APY for each day

Utilization

stakedao-frx-trUSD / 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 1.74% 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-frx-trUSD collateral could be liquidated if its price fell by each amount

Based on today's loans and today's stakedao-frx-trUSD price in frxUSD. 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 bonus4.38%extra collateral a liquidator receives
stakedao-frx-trUSD price in frxUSD1.00 frxUSDthe market's oracle, which liquidations follow
OracleUnknown0x8520…8B2a
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetfrxUSDprice $1.0000
Collateralstakedao-frx-trUSDprice $1.0007
Borrowers2
CreatedOctober 23, 2026
Market ID0xd106a1c0…9fb7c3
Rate model0x870a…00BC
stakedao-frx-trUSD token0x1247…d322
frxUSD token0xCAcd…6E29

Vaults lending here

$81.9K of the $82.0K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Frax Ecosystem AcceleratorV2lends directly$81.9K14.36%$410K

Largest borrowers

2 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x794a…9C76$1.00$1.001.054.9%
0x9A45…5506$0$1.001.4430.3%

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-frx-trUSD / frxUSD market

The stakedao-frx-trUSD / frxUSD market on Ethereum was created on October 23, 2026. Anyone can lend frxUSD into it, and anyone holding stakedao-frx-trUSD can borrow that frxUSD against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from a custom oracle; check its source before borrowing or lending.

Right now $82.0K is supplied and $1.00 borrowed, so <0.01% of the market is in use, backed by $2.00 of stakedao-frx-trUSD from 2 borrowers. Borrowers pay 0.43% a year. Lenders earn 0.00%.

1 listed vault lends here, providing $81.9K of the supply; the largest is Frax Ecosystem Accelerator. Liquidators who close an unsafe loan here receive a 4.38% bonus in stakedao-frx-trUSD. If stakedao-frx-trUSD fell 20% against frxUSD, about $1.00 of collateral would be at risk of liquidation.

stakedao-frx-trUSD / frxUSD on Ethereum: quick answers

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

In this market it is 0.43% a year right now. The rate is variable: it follows how much of the market's frxUSD is borrowed, rising quickly above 90%.

When are stakedao-frx-trUSD / frxUSD 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 stakedao-frx-trUSD worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if stakedao-frx-trUSD fell to about 0.582 frxUSD.

How much frxUSD can be borrowed here right now?

$81.9K 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-frx-trUSD / frxUSD market?

Lenders earn 0.00% a year right now. Most lend through vaults, such as Frax Ecosystem Accelerator, which spread deposits across several markets.