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Morpho Watch

stakedao-FrxMsUSD / frxUSD on Ethereum

A Morpho market on Ethereum where people borrow frxUSD against stakedao-FrxMsUSD. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 9.20% a year and borrowers pay 10.54% right now.

Data from Morpho's API · updated

Borrow APY

10.54%

30-day average 10.99%

Supply APY

9.20%

30-day average 9.87%

Supplied

$18.1K

18.13K frxUSD

Borrowed

$15.9K

87.8% utilization

Available to borrow

$2.2K

free liquidity right now

Collateral posted

$80.8K

88.17K stakedao-FrxMsUSD

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

stakedao-FrxMsUSD / frxUSD rate history

Average supply and borrow APY for each day

Utilization

stakedao-FrxMsUSD / 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 10.70% 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-FrxMsUSD collateral could be liquidated if its price fell by each amount

Based on today's loans and today's stakedao-FrxMsUSD 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-FrxMsUSD price in frxUSD0.917 frxUSD
OracleUnknown0x9aA3…5B52
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetfrxUSDprice $0.9999
Collateralstakedao-FrxMsUSDprice $0.9169
Borrowers2
CreatedJune 16, 2026
Market ID0x328aadb8…ccfd06
Rate model0x870a…00BC
stakedao-FrxMsUSD token0xA31b…2920
frxUSD token0xCAcd…6E29

Vaults lending here

No listed vault lends to this market right now

Largest borrowers

2 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x70f6…306B$13.5K$74.9K4.9779.9%
0xDCC4…bBFb$2.4K$5.9K2.2254.9%

Health is collateral value times the LLTV, divided by the debt. Below 1.00 a loan can be liquidated.

Recent liquidations here

1 in the last 30 days, $12.9K of debt repaid

All liquidations →
WhenDebt repaidCollateral takenBorrowerTransaction
$12.9K12.85K frxUSD $18.8K20.54K stakedao-FrxMsUSD 0x860b…ed8f 0xd47c…2d2b
$11.3K11.33K frxUSD $13.0K14.14K stakedao-FrxMsUSD 0xFd18…bad1 0x0805…7bb6
$103K102.73K frxUSD $115K125.93K stakedao-FrxMsUSD 0x0cd7…C3E8 0xd427…33bd
$257K256.82K frxUSD $272K296.78K stakedao-FrxMsUSD 0x0cd7…C3E8 0xf575…bb33
$103K102.73K frxUSD $107K117.27K stakedao-FrxMsUSD 0x0cd7…C3E8 0x027f…edd1
$103K102.73K frxUSD $106K116.09K stakedao-FrxMsUSD 0x0cd7…C3E8 0x2519…5adc
$103K102.73K frxUSD $105K115.11K stakedao-FrxMsUSD 0x0cd7…C3E8 0x0543…26e6
$62.9K62.92K frxUSD $64.1K69.96K stakedao-FrxMsUSD 0x941F…5424 0xb9b1…9029
$103K102.73K frxUSD $105K114.23K stakedao-FrxMsUSD 0x0cd7…C3E8 0x1a55…c208
$103K102.73K frxUSD $104K113.51K stakedao-FrxMsUSD 0x0cd7…C3E8 0xa50c…2efe

About the stakedao-FrxMsUSD / frxUSD market

The stakedao-FrxMsUSD / frxUSD market on Ethereum was created on June 16, 2026. Anyone can lend frxUSD into it, and anyone holding stakedao-FrxMsUSD 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 $18.1K is supplied and $15.9K borrowed, so 87.8% of the market is in use, backed by $80.8K of stakedao-FrxMsUSD from 2 borrowers. Borrowers pay 10.54% a year, 10.99% on average over the last 30 days. Lenders earn 9.20%.

No listed vault lends to this market right now, so its supply comes from direct lenders. Liquidators who close an unsafe loan here receive a 2.62% bonus in stakedao-FrxMsUSD. 1 loan was liquidated here in the last 30 days.

stakedao-FrxMsUSD / frxUSD on Ethereum: quick answers

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

In this market it is 10.54% a year right now, and it averaged 10.99% 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-FrxMsUSD / 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-FrxMsUSD worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if stakedao-FrxMsUSD fell to about 0.501 frxUSD.

How much frxUSD can be borrowed here right now?

$2.2K 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-FrxMsUSD / frxUSD market?

Lenders earn 9.20% a year right now (9.87% averaged over 30 days). Most lend through vaults, which spread deposits across several markets.