Morpho Watch

WETH / EURC on Ethereum (86% LLTV, oracle 0x9cBF…D5D0)

A Morpho market on Ethereum where people borrow EURC against WETH. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 0.09% a year and borrowers pay 0.10% right now.

Data from Morpho's API · updated

Borrow APY

0.10%

30-day average 0.13%

Supply APY

0.09%

30-day average 0.03%

Supplied

$1.7K

1.58K EURC

Borrowed

$1.6K

89.0% utilization

Available to borrow

$191

free liquidity right now

Collateral posted

$2.4K

1.20 WETH

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

WETH / EURC rate history

Average supply and borrow APY for each day

Utilization

WETH / EURC 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 0.10% 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 WETH collateral could be liquidated if its price fell by each amount

Based on today's loans and today's WETH price in EURC. 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
WETH price in EURC1.82K EURCthe market's oracle, which liquidations follow
OracleChainlinkOracleV20x9cBF…D5D0
Price feeds0xc005…73aD
0xb49f…34C1
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetEURCprice $1.1047
CollateralWETHprice $2.0K
Borrowers2
CreatedApril 17, 2026
Market ID0x2b9a4565…c27400
Rate model0x870a…00BC
WETH token0xC02a…6Cc2
EURC token0x1aBa…C33c

Vaults lending here

No listed vault lends to this market right now

Largest borrowers

2 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x71A5…b5Ac$1.6K$2.6K1.4028.5%
0xd8dd…121f$1.00$4.003.6772.8%

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 WETH / EURC market

The WETH / EURC market on Ethereum was created on April 17, 2026. Anyone can lend EURC into it, and anyone holding WETH can borrow that EURC against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.

Right now $1.7K is supplied and $1.6K borrowed, so 89.0% of the market is in use, backed by $2.4K of WETH from 2 borrowers. Borrowers pay 0.10% a year, 0.13% on average over the last 30 days. Lenders earn 0.09%.

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 4.38% bonus in WETH.

WETH / EURC (86% LLTV, oracle 0x9cBF…D5D0) on Ethereum: quick answers

What is the EURC borrow rate against WETH on Morpho Ethereum?

In this market it is 0.10% a year right now, and it averaged 0.13% over the last 30 days. The rate is variable: it follows how much of the market's EURC is borrowed, rising quickly above 90%.

When are WETH / EURC 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 WETH worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if WETH fell to about 1.06K EURC.

How much EURC can be borrowed here right now?

$191 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the WETH / EURC market?

Lenders earn 0.09% a year right now (0.03% averaged over 30 days). No listed vault lends here, so the supply comes from people lending directly.

Other WETH / EURC markets

The same pair with a different LLTV, oracle or network

Market Supplied Supply APY Borrowed Borrow APY Utilization
WETH / EURCBase · LLTV 86% $382K346.01K EURC 6.86% $368K$736K collateral 7.13% 96.3%
WETH / EURCEthereum · LLTV 86% $28.5K25.84K EURC 2.35% $24.4K$65.4K collateral 2.76% 85.5%

More ways to borrow against WETH

Other loan assets with WETH as collateral

All WETH markets →
Market Supplied Supply APY Borrowed Borrow APY Utilization
WETH / USDCBase · LLTV 86% $106.7M106.72M USDC 4.52% $90.66M$167.1M collateral 5.34% 85.0%
WETH / USDCEthereum · LLTV 86% $9.33M9.34M USDC 4.48% $8.09M$15.26M collateral 5.18% 86.7%
WETH / USDTEthereum · LLTV 86% $340K340.02K USDT 2.99% $286K$470K collateral 3.57% 84.2%
WETH / USDCArbitrum · LLTV 86% $155K155.41K USDC 6.65% $145K$291K collateral 7.16% 93.2%
WETH / mUSDMonad · LLTV 86% $98.6K98.64K mUSD 0.05% $10.7K$21.9K collateral 0.43% 10.8%
WETH / tGBPEthereum · LLTV 86% $59.1K44.66K tGBP 1.00% $53.2K$95.0K collateral 1.11% 90.0%