wmGLO / USDC on Ethereum
A Morpho market on Ethereum where people borrow USDC against wmGLO. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 5.03% a year and borrowers pay 5.55% right now.
Data from Morpho's API · updated
Borrow APY
5.55%
30-day average 5.95%
Supply APY
5.03%
30-day average 5.63%
Supplied
$141K
140.72K USDC
Borrowed
$128K
90.9% utilization
Available to borrow
$12.8K
free liquidity right now
Collateral posted
$156K
154.46K wmGLO
wmGLO / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
wmGLO / USDC 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 4.38% 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 wmGLO collateral could be liquidated if its price fell by each amount
Based on today's loans and today's wmGLO price in USDC. 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 bonus | 2.62%extra collateral a liquidator receives |
| wmGLO price in USDC | 1.01 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xc00C…Cfcb |
| Price feeds | 0x5931…32Ca |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | wmGLOprice $1.0114 |
| Borrowers | 1 |
| Created | August 25, 2026 |
| Market ID | 0x74078d04…1d60b7 |
| Rate model | 0x870a…00BC |
| wmGLO token | 0xB8d6…B5e8 |
| USDC token | 0xA0b8…eB48 |
Vaults lending here
$141K of the $141K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| 3F x Steakhouse USDCV2lends directly | $141K |
Largest borrowers
1 open loan in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xf825…3aB2 | $128K | 1.12 |
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 wmGLO / USDC market
The wmGLO / USDC market on Ethereum was created on August 25, 2026. Anyone can lend USDC into it, and anyone holding wmGLO can borrow that USDC against it, up to a loan-to-value of 91.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $141K is supplied and $128K borrowed, so 90.9% of the market is in use, backed by $156K of wmGLO from 1 borrower. Borrowers pay 5.55% a year, 5.95% on average over the last 30 days. Lenders earn 5.03%.
1 listed vault lends here, providing $141K of the supply; the largest is 3F x Steakhouse USDC. Liquidators who close an unsafe loan here receive a 2.62% bonus in wmGLO. If wmGLO fell 20% against USDC, about $156K of collateral would be at risk of liquidation.
wmGLO / USDC on Ethereum: quick answers
What is the USDC borrow rate against wmGLO on Morpho Ethereum?
In this market it is 5.55% a year right now, and it averaged 5.95% over the last 30 days. The rate is variable: it follows how much of the market's USDC is borrowed, rising quickly above 90%.
When are wmGLO / USDC 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 wmGLO worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if wmGLO fell to about 0.553 USDC.
How much USDC can be borrowed here right now?
$12.8K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the wmGLO / USDC market?
Lenders earn 5.03% a year right now (5.63% averaged over 30 days). Most lend through vaults, such as 3F x Steakhouse USDC, which spread deposits across several markets.