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
stakedao-frx-trUSD / frxUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
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 bonus | 4.38%extra collateral a liquidator receives |
| stakedao-frx-trUSD price in frxUSD | 1.00 frxUSDthe market's oracle, which liquidations follow |
| Oracle | Unknown0x8520…8B2a |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | frxUSDprice $1.0000 |
|---|---|
| Collateral | stakedao-frx-trUSDprice $1.0007 |
| Borrowers | 2 |
| Created | October 23, 2026 |
| Market ID | 0xd106a1c0…9fb7c3 |
| Rate model | 0x870a…00BC |
| stakedao-frx-trUSD token | 0x1247…d322 |
| frxUSD token | 0xCAcd…6E29 |
Vaults lending here
$81.9K of the $82.0K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Frax Ecosystem AcceleratorV2lends directly | $81.9K |
Largest borrowers
2 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x794a…9C76 | $1.00 | 1.05 |
| 0x9A45…5506 | $0 | 1.44 |
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 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.