PT-kHYPE-24SEP2026 / USDC on HyperEVM
A Morpho market on HyperEVM where people borrow USDC against PT-kHYPE-24SEP2026. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 4.93% a year and borrowers pay 5.57% right now.
Data from Morpho's API · updated
Borrow APY
5.57%
30-day average 5.93%
Supply APY
4.93%
30-day average 5.38%
Supplied
$15.0K
15.03K USDC
Borrowed
$13.3K
88.7% utilization
Available to borrow
$1.7K
free liquidity right now
Collateral posted
$0
309.32 PT-kHYPE-24SEP2026
PT-kHYPE-24SEP2026 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-kHYPE-24SEP2026 / 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 5.64% 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.
Risk settings
| Liquidation LTV (LLTV) | 77%fixed for the life of the market |
|---|---|
| Liquidation bonus | 7.41%extra collateral a liquidator receives |
| PT-kHYPE-24SEP2026 price in USDC | 71.12 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x50C9…5AC9 |
| Price feeds | 0x0E21…28C9 0xF244…D697 0xEdC6…add4 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | PT-kHYPE-24SEP2026price – |
| Borrowers | 2 |
| Created | June 4, 2026 |
| Market ID | 0xbdceb936…c1c565 |
| Rate model | 0xD4a4…7483 |
| PT-kHYPE-24SEP2026 token | 0x50fC…7391 |
| USDC token | 0xb883…630f |
Vaults lending here
$8.9K of the $15.0K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Felix USDClends directly | $8.9K |
Largest borrowers
2 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xd26b…42aC | $12.5K | 1.18 |
| 0x1A6e…c340 | $830 | 2.60 |
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 PT-kHYPE-24SEP2026 / USDC market
The PT-kHYPE-24SEP2026 / USDC market on HyperEVM was created on June 4, 2026. Anyone can lend USDC into it, and anyone holding PT-kHYPE-24SEP2026 can borrow that USDC against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $15.0K is supplied and $13.3K borrowed, so 88.7% of the market is in use, backed by $0 of PT-kHYPE-24SEP2026 from 2 borrowers. Borrowers pay 5.57% a year, 5.93% on average over the last 30 days. Lenders earn 4.93%.
1 listed vault lends here, providing $8.9K of the supply; the largest is Felix USDC. Liquidators who close an unsafe loan here receive a 7.41% bonus in PT-kHYPE-24SEP2026.
PT-kHYPE-24SEP2026 / USDC on HyperEVM: quick answers
What is the USDC borrow rate against PT-kHYPE-24SEP2026 on Morpho HyperEVM?
In this market it is 5.57% a year right now, and it averaged 5.93% 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 are PT-kHYPE-24SEP2026 / USDC 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 PT-kHYPE-24SEP2026 worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-kHYPE-24SEP2026 fell to about 46.18 USDC.
How much USDC can be borrowed here right now?
$1.7K 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-24SEP2026 / USDC market?
Lenders earn 4.93% a year right now (5.38% averaged over 30 days). Most lend through vaults, such as Felix USDC, which spread deposits across several markets.
More ways to borrow against PT-kHYPE-24SEP2026
Other loan assets with PT-kHYPE-24SEP2026 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-kHYPE-24SEP2026 / USD₮0HyperEVM · LLTV 77% | 0.00% | 0.03% |
| PT-kHYPE-24SEP2026 / WHYPEHyperEVM · LLTV 86% | <0.01% | 0.03% |
