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Morpho Watch

PT-kHYPE-19MAR2026 / USDC on HyperEVM

A Morpho market on HyperEVM where people borrow USDC against PT-kHYPE-19MAR2026. A loan can be liquidated once it reaches 62.5% of the collateral's value. Lenders earn 0.05% a year and borrowers pay 0.08% right now.

Data from Morpho's API · updated

Borrow APY

0.08%

30-day average 0.10%

Supply APY

0.05%

30-day average 0.06%

Supplied

$8.6K

8.61K USDC

Borrowed

$5.5K

63.5% utilization

Available to borrow

$3.1K

free liquidity right now

Collateral posted

$17.7K

193.14 PT-kHYPE-19MAR2026

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

PT-kHYPE-19MAR2026 / USDC rate history

Average supply and borrow APY for each day

Utilization

PT-kHYPE-19MAR2026 / 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 0.10% 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 PT-kHYPE-19MAR2026 collateral could be liquidated if its price fell by each amount

Based on today's loans and today's PT-kHYPE-19MAR2026 price in USDC. Borrowers who repay or add collateral move these numbers every day.

Risk settings

Liquidation LTV (LLTV)62.5%fixed for the life of the market
Liquidation bonus12.68%extra collateral a liquidator receives
PT-kHYPE-19MAR2026 price in USDC91.98 USDC
OracleChainlinkOracleV20x3420…C8A9
Price feeds0x03e0…230C
0xF244…D697
0x4C89…82fD
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSDCprice $0.9999
CollateralPT-kHYPE-19MAR2026price $91.97
Borrowers1
CreatedNovember 15, 2025
Market ID0xcd989860…4951fb
Rate model0xD4a4…7483
PT-kHYPE-19MAR2026 token0xea84…C9f5
USDC token0xb883…630f

Vaults lending here

$8.6K of the $8.6K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Felix USDClends directly$8.6K3.77%$4.29M

Largest borrowers

1 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0xe4Cc…c7C4$5.5K$17.8K2.0350.8%

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 PT-kHYPE-19MAR2026 / USDC market

The PT-kHYPE-19MAR2026 / USDC market on HyperEVM was created on November 15, 2025. Anyone can lend USDC into it, and anyone holding PT-kHYPE-19MAR2026 can borrow that USDC against it, up to a loan-to-value of 62.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.

Right now $8.6K is supplied and $5.5K borrowed, so 63.5% of the market is in use, backed by $17.7K of PT-kHYPE-19MAR2026 from 1 borrowers. Borrowers pay 0.08% a year, 0.10% on average over the last 30 days. Lenders earn 0.05%.

1 listed vault lends here, providing $8.6K of the supply; the largest is Felix USDC. Liquidators who close an unsafe loan here receive a 12.68% bonus in PT-kHYPE-19MAR2026.

PT-kHYPE-19MAR2026 / USDC on HyperEVM: quick answers

What is the USDC borrow rate against PT-kHYPE-19MAR2026 on Morpho HyperEVM?

In this market it is 0.08% a year right now, and it averaged 0.10% 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 is a PT-kHYPE-19MAR2026 / USDC loan liquidated?

When the loan reaches 62.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PT-kHYPE-19MAR2026 worth 12.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-kHYPE-19MAR2026 fell to about 73.59 USDC.

How much USDC can be borrowed here right now?

$3.1K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the PT-kHYPE-19MAR2026 / USDC market?

Lenders earn 0.05% a year right now (0.06% averaged over 30 days). Most lend through vaults, such as Felix USDC, which spread deposits across several markets.