WETH / wARS on Ethereum
A Morpho market on Ethereum where people borrow wARS against WETH. A loan can be liquidated once it reaches 62.5% of the collateral's value. Lenders earn 0.00% a year and borrowers pay 1.56% right now.
Data from Morpho's API · updated
Borrow APY
1.56%
30-day average 15.37%
Supply APY
0.00%
30-day average 12.93%
Supplied
$11.2K
18.03M wARS
Borrowed
$0
0.0% utilization
Available to borrow
$11.2K
free liquidity right now
Collateral posted
$0
0.000100 WETH
WETH / wARS rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
WETH / wARS 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 6.23% 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.
Risk settings
| Liquidation LTV (LLTV) | 62.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 12.68%extra collateral a liquidator receives |
| WETH price in wARS | 4.38M wARS |
| Oracle | ChainlinkOracleV20x8442…1B79 |
| Price feeds | 0xc005…73aD 0xBb65…367b |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | wARSprice $0.0006 |
|---|---|
| Collateral | WETHprice $2.7K |
| Borrowers | 1 |
| Created | July 28, 2026 |
| Market ID | 0x9666c9b6…7d96b3 |
| Rate model | 0x870a…00BC |
| WETH token | 0xC02a…6Cc2 |
| wARS token | 0x0DC4…D90D |
Vaults lending here
$11.2K of the $11.2K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| KPK wARS YieldV2lends directly | $11.2K |
Largest borrowers
1 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xAF15…9440 | $0 | >99 |
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 WETH / wARS market
The WETH / wARS market on Ethereum was created on July 28, 2026. Anyone can lend wARS into it, and anyone holding WETH can borrow that wARS against it, up to a loan-to-value of 62.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $11.2K is supplied and $0 borrowed, so 0.0% of the market is in use, backed by $0 of WETH from 1 borrowers. Borrowers pay 1.56% a year, 15.37% on average over the last 30 days. Lenders earn 0.00%.
1 listed vault lends here, providing $11.2K of the supply; the largest is KPK wARS Yield. Liquidators who close an unsafe loan here receive a 12.68% bonus in WETH.
WETH / wARS on Ethereum: quick answers
What is the wARS borrow rate against WETH on Morpho Ethereum?
In this market it is 1.56% a year right now, and it averaged 15.37% over the last 30 days. The rate is variable: it follows how much of the market's wARS is borrowed, rising quickly above 90%.
When is a WETH / wARS loan liquidated?
When the loan reaches 62.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes WETH worth 12.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if WETH fell to about 3.50M wARS.
How much wARS can be borrowed here right now?
$11.2K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the WETH / wARS market?
Lenders earn 0.00% a year right now (12.93% averaged over 30 days). Most lend through vaults, such as KPK wARS Yield, which spread deposits across several markets.
More ways to borrow against WETH
Other loan assets with WETH as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| WETH / USDCBase · LLTV 86% | 4.51% | 5.02% |
| WETH / USDCEthereum · LLTV 86% | 4.50% | 5.00% |
| WETH / EURCBase · LLTV 86% | 2.85% | 3.15% |
| WETH / USDTEthereum · LLTV 86% | 2.48% | 3.32% |
| WETH / USDCArbitrum · LLTV 86% | 2.52% | 2.97% |
| WETH / USDT0Arbitrum · LLTV 86% | 2.53% | 3.02% |
