Skip to content
Morpho Watch

hwHLP / USD₮0 on HyperEVM

A Morpho market on HyperEVM where people borrow USD₮0 against hwHLP. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 183.73% a year and borrowers pay 183.74% right now.

Data from Morpho's API · updated

Borrow APY

183.74%

30-day average 33.70%

Supply APY

183.73%

30-day average 29.43%

Supplied

$16.6K

16.60K USD₮0

Borrowed

$16.6K

100.0% utilization

Available to borrow

$0

free liquidity right now

Collateral posted

$22.2K

19.29K hwHLP

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

hwHLP / USD₮0 rate history

Average supply and borrow APY for each day

Utilization

hwHLP / USD₮0 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 31.32% 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 hwHLP collateral could be liquidated if its price fell by each amount

Based on today's loans and today's hwHLP price in USD₮0. Borrowers who repay or add collateral move these numbers every day.

Risk settings

Liquidation LTV (LLTV)77%fixed for the life of the market
Liquidation bonus7.41%extra collateral a liquidator receives
hwHLP price in USD₮01.15 USD₮0
OracleChainlinkOracleV20x58ff…768b
Price feeds0xC328…46b6
0x4C89…82fD
0x5e21…D184
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSD₮0price $0.9997
CollateralhwHLPprice $1.1527
Borrow APY, last year10.37%
Borrowers10
CreatedJuly 16, 2025
Market ID0x86d7bc35…2e8d69
Rate model0xD4a4…7483
hwHLP token0x9FD7…72d1
USD₮0 token0xB8CE…5ebb

Vaults lending here

No listed vault lends to this market right now

Largest borrowers

10 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x7A5f…d6eb$11.6K$15.4K1.032.6%
0x5f0e…b614$3.5K$4.5K1.010.8%
0xb612…A674$852$1.2K1.087.4%
0x1035…2bE0$709$1.0K1.098.7%
0x4564…d30f$4.00$12.002.1453.2%
0x5Edd…6534$2.00$5.002.0150.2%
0xdB77…843F$0$01.5435.0%
0x2c64…7FEc$0$01.9749.2%
0xFee2…D767$0$07.9287.4%
0x6276…DCa6$0$04.0975.5%

Health is collateral value times the LLTV, divided by the debt. Below 1.00 a loan can be liquidated.

Recent liquidations here

2 in the last 30 days, $470 of debt repaid

All liquidations →
WhenDebt repaidCollateral takenBorrowerTransaction
$420420.26 USD₮0 $452391.86 hwHLP 0x1035…2bE0 0xe2c6…e91d
$50.3750.39 USD₮0 $54.2047.02 hwHLP 0xf3e9…84a8 0x8a5c…e5e6

About the hwHLP / USD₮0 market

The hwHLP / USD₮0 market on HyperEVM was created on July 16, 2025. Anyone can lend USD₮0 into it, and anyone holding hwHLP can borrow that USD₮0 against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.

Right now $16.6K is supplied and $16.6K borrowed, so 100.0% of the market is in use, backed by $22.2K of hwHLP from 10 borrowers. Borrowers pay 183.74% a year, 33.70% on average over the last 30 days and 10.37% over the last year. Lenders earn 183.73%.

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 7.41% bonus in hwHLP. If hwHLP fell 20% against USD₮0, about $22.1K of collateral would be at risk of liquidation. 2 loans were liquidated here in the last 30 days.

hwHLP / USD₮0 on HyperEVM: quick answers

What is the USD₮0 borrow rate against hwHLP on Morpho HyperEVM?

In this market it is 183.74% a year right now, and it averaged 33.70% over the last 30 days. The rate is variable: it follows how much of the market's USD₮0 is borrowed, rising quickly above 90%.

When is a hwHLP / USD₮0 loan liquidated?

When the loan reaches 77% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes hwHLP worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if hwHLP fell to about 0.749 USD₮0.

How much USD₮0 can be borrowed here right now?

$0 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the hwHLP / USD₮0 market?

Lenders earn 183.73% a year right now (29.43% averaged over 30 days). Most lend through vaults, which spread deposits across several markets.