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 7.73% a year and borrowers pay 8.84% right now.

Data from Morpho's API · updated

Borrow APY

8.84%

30-day average 9.43%

Supply APY

7.73%

30-day average 8.45%

Supplied

$11.0K

11.01K frxUSD

Borrowed

$9.7K

88.0% utilization

Available to borrow

$1.3K

free liquidity right now

Collateral posted

$15.0K

17.75K 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 9.00% 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 frxUSD0.82 frxUSDthe market's oracle, which liquidations follow
OracleUnknown0x9aA3…5B52
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetfrxUSDprice $1.0000
Collateralstakedao-FrxMsUSDprice $0.8438
Borrowers1
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

1 open loan in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x70f6…306B$9.7K$15.2K1.3928.0%

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 →
WhenDebt repaidCollateral takenBorrowerTransaction
$12.9K12.85K frxUSD $18.8K20.54K stakedao-FrxMsUSD 0x860b…ed8f 0xd47c…2d2b

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 $11.0K is supplied and $9.7K borrowed, so 88.0% of the market is in use, backed by $15.0K of stakedao-FrxMsUSD from 1 borrower. Borrowers pay 8.84% a year, 9.43% on average over the last 30 days. Lenders earn 7.73%.

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.

stakedao-FrxMsUSD / frxUSD on Ethereum: quick answers

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

In this market it is 8.84% a year right now, and it averaged 9.43% 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 are stakedao-FrxMsUSD / frxUSD loans liquidated?

When a 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 0.448 frxUSD.

How much frxUSD can be borrowed here right now?

$1.3K 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 7.73% a year right now (8.45% averaged over 30 days). No listed vault lends here, so the supply comes from people lending directly.