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 12.54% a year and borrowers pay 21.05% right now.
Data from Morpho's API · updated
Borrow APY
21.05%
30-day average 51.54%
Supply APY
12.54%
30-day average 41.65%
Supplied
$2.7K
2.73K USD₮0
Borrowed
$1.7K
61.8% utilization
Available to borrow
$1.0K
free liquidity right now
Collateral posted
$3.0K
2.56K hwHLP
hwHLP / USD₮0 rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
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 28.35% 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 bonus | 7.41%extra collateral a liquidator receives |
| hwHLP price in USD₮0 | 1.17 USD₮0the market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x58ff…768b |
| Price feeds | 0xC328…46b6 0x4C89…82fD 0x5e21…D184 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USD₮0price $0.9990 |
|---|---|
| Collateral | hwHLPprice $1.1709 |
| Borrow APY, last year | 17.24% |
| Borrowers | 9 |
| Created | July 16, 2025 |
| Market ID | 0x86d7bc35…2e8d69 |
| Rate model | 0xD4a4…7483 |
| hwHLP token | 0x9FD7…72d1 |
| USD₮0 token | 0xB8CE…5ebb |
Vaults lending here
No listed vault lends to this market right now
Largest borrowers
9 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xb612…A674 | $912 | 1.03 |
| 0x1035…2bE0 | $758 | 1.04 |
| 0x5f0e…b614 | $8.00 | 68.29 |
| 0x4564…d30f | $5.00 | 2.03 |
| 0x5Edd…6534 | $2.00 | 1.91 |
| 0xdB77…843F | $0 | 1.46 |
| 0x2c64…7FEc | $0 | 1.87 |
| 0xFee2…D767 | $0 | 7.52 |
| 0x6276…DCa6 | $0 | 3.88 |
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
| When | Debt repaid | Transaction |
|---|---|---|
| $3.2K3.19K USD₮0 | 0xfacc…8b22 | |
| $348348.47 USD₮0 | 0xb4da…da9d | |
| $420420.26 USD₮0 | 0xe2c6…e91d | |
| $50.3750.39 USD₮0 | 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 $2.7K is supplied and $1.7K borrowed, so 61.8% of the market is in use, backed by $3.0K of hwHLP from 9 borrowers. Borrowers pay 21.05% a year, 51.54% on average over the last 30 days and 17.24% over the last year. Lenders earn 12.54%.
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 $2.2K of collateral would be at risk of liquidation.
hwHLP / USD₮0 on HyperEVM: quick answers
What is the USD₮0 borrow rate against hwHLP on Morpho HyperEVM?
In this market it is 21.05% a year right now, and it averaged 51.54% 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 are hwHLP / USD₮0 loans liquidated?
When a 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 0.761 USD₮0.
How much USD₮0 can be borrowed here right now?
$1.0K 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 12.54% a year right now (41.65% averaged over 30 days). No listed vault lends here, so the supply comes from people lending directly.