weETH / EUROP on Ethereum

Q: What is the EUROP borrow rate against weETH on Morpho Ethereum?

In this market it is 0.10% a year right now, and it averaged 5.75% over the last 30 days. The rate is variable: it follows how much of the market's EUROP is borrowed, rising quickly above 90%.

Q: When are weETH / EUROP 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 weETH worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if weETH fell to about 1.17K EUROP.

Q: How much EUROP can be borrowed here right now?

$2.1K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

Q: What do lenders earn in the weETH / EUROP market?

Lenders earn 0.02% a year right now (0.02% averaged over 30 days). Most lend through vaults, such as RockawayX EUROP, which spread deposits across several markets.

A Morpho market on Ethereum where people borrow EUROP against weETH. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 0.02% a year and borrowers pay 0.10% right now.

Data from Morpho's API · updated 2026-11-12 18:21 UTC

Borrow APY

0.10%

30-day average 5.75%

Supply APY

0.02%

30-day average 0.02%

Supplied

$2.8K

2.50K EUROP

Borrowed

$664

24.0% utilization

Available to borrow

$2.1K

free liquidity right now

Collateral posted

$1.0K

0.454 weETH

Open in the Morpho app ↗Liquidation price calculator Borrow cost calculator

weETH / EUROP rate history

Average supply and borrow APY for each day

Utilization

weETH / EUROP 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 0.23% 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 weETH collateral could be liquidated if its price fell by each amount

Based on today's loans and today's weETH price in EUROP. 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
weETH price in EUROP	2.02K EUROPthe market's oracle, which liquidations follow
Oracle	ChainlinkOracleV20x9BfA…9813
Price feeds	0x5c9C…fF22 0x5f4e…8419 0xb49f…34C1
Market fee	Noneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan asset	EUROPprice $1.1043
Collateral	weETHprice $2.2K
Borrowers	2
Created	August 21, 2026
Market ID	0x750817c3…0e9a63
Rate model	0x870a…00BC
weETH token	0xCd5f…b7ee
EUROP token	0x8888…5E51

Vaults lending here

$2.8K of the $2.8K supplied comes from these vaults

Vault	Lent here	Vault net APY	Vault deposits
RockawayX EUROPV2lends directly	$2.8K	<0.01%	$11.0K

Largest borrowers

2 open loans in this market

Address	Borrowed	Collateral	Health	Price drop to liquidation
0x4789…CDE6	$668	$1.1K	1.43	30.3%
0x22D4…676A	$1.00	$4.00	2.70	63.0%

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 weETH / EUROP market

The weETH / EUROP market on Ethereum was created on August 21, 2026. Anyone can lend EUROP into it, and anyone holding weETH can borrow that EUROP against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.

Right now $2.8K is supplied and $664 borrowed, so 24.0% of the market is in use, backed by $1.0K of weETH from 2 borrowers. Borrowers pay 0.10% a year, 5.75% on average over the last 30 days. Lenders earn 0.02%.

1 listed vault lends here, providing $2.8K of the supply; the largest is RockawayX EUROP. Liquidators who close an unsafe loan here receive a 4.38% bonus in weETH.