wstETH / EUROP on Ethereum

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

In this market it is 19.47% a year right now, and it averaged 309.71% 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 is a wstETH / EUROP loan liquidated?

When the loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes wstETH worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if wstETH fell to about 1.71K EUROP.

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

$2.8K 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 wstETH / EUROP market?

Lenders earn 0.02% a year right now (297.86% 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 wstETH. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 0.02% a year and borrowers pay 19.47% right now.

Data from Morpho's API · updated 2026-09-26 14:30 UTC

Borrow APY

19.47%

30-day average 309.71%

Supply APY

0.02%

30-day average 297.86%

Supplied

$2.8K

2.50K EUROP

Borrowed

$3.00

0.1% utilization

Available to borrow

$2.8K

free liquidity right now

Collateral posted

$8.00

0.00238 wstETH

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

wstETH / EUROP rate history

Average supply and borrow APY for each day

Utilization

wstETH / 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 62.61% 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 wstETH collateral could be liquidated if its price fell by each amount

Based on today's loans and today's wstETH 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
wstETH price in EUROP	2.94K EUROP
Oracle	ChainlinkOracleV20xCF3e…F91e
Price feeds	0x4F67…8e79 0x5f4e…8419 0xb49f…34C1
Market fee	Noneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan asset	EUROPprice $1.1383
Collateral	wstETHprice $3.3K
Borrowers	1
Created	July 13, 2026
Market ID	0xdc720324…6098e8
Rate model	0x870a…00BC
wstETH token	0x7f39…2Ca0
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%	$11.4K

Largest borrowers

1 open loans in this market

Address	Borrowed	Collateral	Health	Price drop to liquidation
0x22D4…676A	$3.00	$8.00	2.65	62.3%

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 wstETH / EUROP market

The wstETH / EUROP market on Ethereum was created on July 13, 2026. Anyone can lend EUROP into it, and anyone holding wstETH 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 $3.00 borrowed, so 0.1% of the market is in use, backed by $8.00 of wstETH from 1 borrowers. Borrowers pay 19.47% a year, 309.71% 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 wstETH.