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 86% of the collateral's value. Lenders earn 47.28% a year and borrowers pay 49.69% right now.
Data from Morpho's API · updated
Borrow APY
49.69%
30-day average 19.51%
Supply APY
47.28%
30-day average 17.00%
Supplied
$4.7K
4.66K USD₮0
Borrowed
$4.5K
96.0% utilization
Available to borrow
$188
free liquidity right now
Collateral posted
$17.2K
6.40 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 15.68% 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) | 86%fixed for the life of the market |
|---|---|
| Liquidation bonus | 4.38%extra collateral a liquidator receives |
| UETH price in USD₮0 | 2.69K USD₮0 |
| Oracle | ChainlinkOracleV20x06dA…FD95 |
| Price feeds | 0x4BAD…7a57 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USD₮0price $0.9997 |
|---|---|
| Collateral | UETHprice $2.7K |
| Borrow APY, last year | 12.75% |
| Borrowers | 150 |
| Created | May 8, 2025 |
| Market ID | 0xa6232764…de9050 |
| Rate model | 0xD4a4…7483 |
| UETH token | 0xBe67…7907 |
| USD₮0 token | 0xB8CE…5ebb |
Vaults lending here
No listed vault lends to this market right now
Largest borrowers
150 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x3319…A0A5 | $1.9K | 2.31 |
| 0xdEd9…5176 | $1.1K | 3.78 |
| 0xb998…0cE4 | $992 | 2.12 |
| 0x85F4…DFBf | $248 | 2.73 |
| 0x4Dc3…de9A | $115 | 2.76 |
| 0x685f…a526 | $44.00 | 26.41 |
| 0x36c1…FeF3 | $32.00 | 1.74 |
| 0x8fCC…cdaf | $31.00 | 12.42 |
| 0xb554…4973 | $9.00 | 2.20 |
| 0xB47f…0F1F | $1.00 | 1.78 |
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 May 8, 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 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $4.7K is supplied and $4.5K borrowed, so 96.0% of the market is in use, backed by $17.2K of UETH from 150 borrowers. Borrowers pay 49.69% a year, 19.51% on average over the last 30 days and 12.75% over the last year. Lenders earn 47.28%.
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 4.38% bonus in UETH.
UETH / USD₮0 86% on HyperEVM: quick answers
What is the USD₮0 borrow rate against UETH on Morpho HyperEVM?
In this market it is 49.69% a year right now, and it averaged 19.51% 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 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes UETH worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if UETH fell to about 1.56K USD₮0.
How much USD₮0 can be borrowed here right now?
$188 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 47.28% a year right now (17.00% averaged over 30 days). Most lend through vaults, 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 77% | 15.60% | 16.67% |