limUSD / USDC on HyperEVM
A Morpho market on HyperEVM where people borrow USDC against limUSD. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 5.75% a year and borrowers pay 7.04% right now.
Data from Morpho's API · updated
Borrow APY
7.04%
paid by borrowers
Supply APY
5.75%
earned by lenders
Supplied
$3.00M
3.00M USDC
Borrowed
$2.47M
82.2% utilization
Available to borrow
$534K
free liquidity right now
Collateral posted
$3.69M
3.54M limUSD
limUSD / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
limUSD / 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 7.55% 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 limUSD collateral could be liquidated if its price fell by each amount
Based on today's loans and today's limUSD price in USDC. 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 |
| limUSD price in USDC | 1.04 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xcE9c…B395 |
| Price feeds | 0x2BBc…5bB8 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | limUSDprice $1.0426 |
| Borrowers | 17 |
| Created | November 2, 2026 |
| Market ID | 0x0606cd92…f9d454 |
| Rate model | 0xD4a4…7483 |
| limUSD token | 0x1822…83c8 |
| USDC token | 0xb883…630f |
Vaults lending here
$3.00M of the $3.00M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| RockawayX Liminal USDCV2lends directly | $3.00M |
Largest borrowers
17 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xB584…224a | $1.60M | 1.34 |
| 0x50Fe…e6B7 | $479K | 1.04 |
| 0x753D…2d5D | $150K | 1.17 |
| 0xe125…73Cf | $63.3K | 1.72 |
| 0xeb80…003a | $56.5K | 1.21 |
| 0x6D5e…6Aa0 | $44.0K | 1.24 |
| 0x7F52…EbC8 | $23.1K | 1.15 |
| 0x6ABc…AAC6 | $20.0K | 2.26 |
| 0x6725…24fa | $15.0K | 1.63 |
| 0x5a8A…2D7A | $10.0K | 1.45 |
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 limUSD / USDC market
The limUSD / USDC market on HyperEVM was created on November 2, 2026. Anyone can lend USDC into it, and anyone holding limUSD can borrow that USDC against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $3.00M is supplied and $2.47M borrowed, so 82.2% of the market is in use, backed by $3.69M of limUSD from 17 borrowers. Borrowers pay 7.04% a year. Lenders earn 5.75%.
1 listed vault lends here, providing $3.00M of the supply; the largest is RockawayX Liminal USDC. Liquidators who close an unsafe loan here receive a 4.38% bonus in limUSD. If limUSD fell 20% against USDC, about $898K of collateral would be at risk of liquidation.
limUSD / USDC on HyperEVM: quick answers
What is the USDC borrow rate against limUSD on Morpho HyperEVM?
In this market it is 7.04% a year right now. The rate is variable: it follows how much of the market's USDC is borrowed, rising quickly above 90%.
When are limUSD / USDC loans liquidated?
When a loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes limUSD worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if limUSD fell to about 0.606 USDC.
How much USDC can be borrowed here right now?
$534K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the limUSD / USDC market?
Lenders earn 5.75% a year right now. Most lend through vaults, such as RockawayX Liminal USDC, which spread deposits across several markets.