UETH / USD₮0 on HyperEVM
A Morpho market on HyperEVM where people borrow USD₮0 against UETH. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 15.60% a year and borrowers pay 16.67% right now.
Data from Morpho's API · updated
Borrow APY
16.67%
30-day average 8.45%
Supply APY
15.60%
30-day average 7.55%
Supplied
$38.2K
38.16K USD₮0
Borrowed
$35.9K
94.1% utilization
Available to borrow
$2.3K
free liquidity right now
Collateral posted
$118K
44.06 UETH
UETH / USD₮0 rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
UETH / 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 7.19% 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 UETH collateral could be liquidated if its price fell by each amount
Based on today's loans and today's UETH 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 |
| UETH price in USD₮0 | 2.69K USD₮0 |
| Oracle | ChainlinkOracleV20x6Bfa…dD67 |
| Price feeds | 0x4BAD…7a57 0x5e21…D184 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USD₮0price $0.9997 |
|---|---|
| Collateral | UETHprice $2.7K |
| Borrow APY, last year | 7.76% |
| Borrowers | 134 |
| Created | July 27, 2025 |
| Market ID | 0xf9f0473b…63ffbf |
| Rate model | 0xD4a4…7483 |
| UETH token | 0xBe67…7907 |
| USD₮0 token | 0xB8CE…5ebb |
Vaults lending here
$34.0K of the $38.2K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Felix USDT0 (Frontier)lends directly | $18.2K |
| Felix USDT0 V2V2lends directly | $15.8K |
Largest borrowers
134 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xA843…27F7 | $10.4K | 2.30 |
| 0xfC3b…a571 | $6.2K | 1.36 |
| 0x50c2…3267 | $4.7K | 1.17 |
| 0x0b9B…84Ad | $2.4K | 2.56 |
| 0x455f…C226 | $2.2K | 3.76 |
| 0x3C21…4168 | $1.8K | 1.37 |
| 0xeF5e…3cB0 | $1.1K | 1.82 |
| 0x23a3…84ed | $1.0K | 2.81 |
| 0xFb02…61a5 | $944 | 2.19 |
| 0x8da1…E8EC | $743 | 3.26 |
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 UETH / USD₮0 market
The UETH / USD₮0 market on HyperEVM was created on July 27, 2025. Anyone can lend USD₮0 into it, and anyone holding UETH 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 $38.2K is supplied and $35.9K borrowed, so 94.1% of the market is in use, backed by $118K of UETH from 134 borrowers. Borrowers pay 16.67% a year, 8.45% on average over the last 30 days and 7.76% over the last year. Lenders earn 15.60%.
2 listed vaults lend here, providing $34.0K of the supply; the largest are Felix USDT0 (Frontier) and Felix USDT0 V2. Liquidators who close an unsafe loan here receive a 7.41% bonus in UETH. If UETH fell 20% against USD₮0, about $7.1K of collateral would be at risk of liquidation.
UETH / USD₮0 77% on HyperEVM: quick answers
What is the USD₮0 borrow rate against UETH on Morpho HyperEVM?
In this market it is 16.67% a year right now, and it averaged 8.45% 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 UETH / 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 UETH worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if UETH fell to about 1.74K USD₮0.
How much USD₮0 can be borrowed here right now?
$2.3K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the UETH / USD₮0 market?
Lenders earn 15.60% a year right now (7.55% averaged over 30 days). Most lend through vaults, such as Felix USDT0 (Frontier) and Felix USDT0 V2, which spread deposits across several markets.
Other UETH / USD₮0 markets
The same pair with a different LLTV, oracle or network
| Market | Supply APY | Borrow APY |
|---|---|---|
| UETH / USD₮0HyperEVM · LLTV 86% | 47.28% | 49.69% |