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Morpho Watch

WHLP / USD₮0 on HyperEVMStuck

A Morpho market on HyperEVM where people borrow USD₮0 against WHLP. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 946.62% a year and borrowers pay 1032.30% right now.

Data from Morpho's API · updated

Borrow APY

1032.30%

30-day average 118.52%

Supply APY

946.62%

30-day average 116.38%

Supplied

$2.1K

2.05K USD₮0

Borrowed

$2.0K

96.8% utilization

Available to borrow

$66.00

free liquidity right now

Collateral posted

$2.9K

2.54K WHLP

Open in the Morpho app ↗Liquidation price calculatorBorrow cost calculator

Warnings

See the bad debt page.

WHLP / USD₮0 rate history

Average supply and borrow APY for each day

Utilization

WHLP / 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 124.90% 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 WHLP collateral could be liquidated if its price fell by each amount

Based on today's loans and today's WHLP 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 bonus7.41%extra collateral a liquidator receives
WHLP price in USD₮01.14 USD₮0
OracleChainlinkOracleV20x485A…d069
Price feeds0x54e7…2412
0x4C89…82fD
0x5e21…D184
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSD₮0price $0.9997
CollateralWHLPprice $1.1407
Borrow APY, last year10.65%
Borrowers7
CreatedJuly 16, 2025
Market ID0xd4fd53f6…130305
Rate model0xD4a4…7483
WHLP token0x1359…0dE8
USD₮0 token0xB8CE…5ebb

Vaults lending here

No listed vault lends to this market right now

Largest borrowers

7 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0xD073…398D$1.8K$2.6K1.1210.8%
0x0742…798B$123$1921.2016.6%
0x64DE…0543$83.00$1141.054.9%
0x3F88…2FA4$16.00$23.001.076.9%
0xdB77…843F$0$1.001.9749.3%
0xfF7a…8De7$0$2.0015.8593.7%
0x6276…DCa6$0$04.0275.1%

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 WHLP / USD₮0 market

The WHLP / USD₮0 market on HyperEVM was created on July 16, 2025. Anyone can lend USD₮0 into it, and anyone holding WHLP 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 $2.1K is supplied and $2.0K borrowed, so 96.8% of the market is in use, backed by $2.9K of WHLP from 7 borrowers. Borrowers pay 1032.30% a year, 118.52% on average over the last 30 days and 10.65% over the last year. Lenders earn 946.62%.

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 7.41% bonus in WHLP. If WHLP fell 20% against USD₮0, about $2.9K of collateral would be at risk of liquidation.

WHLP / USD₮0 on HyperEVM: quick answers

What is the USD₮0 borrow rate against WHLP on Morpho HyperEVM?

In this market it is 1032.30% a year right now, and it averaged 118.52% 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 WHLP / 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 WHLP worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if WHLP fell to about 0.741 USD₮0.

How much USD₮0 can be borrowed here right now?

$66.00 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.

What do lenders earn in the WHLP / USD₮0 market?

Lenders earn 946.62% a year right now (116.38% averaged over 30 days). Most lend through vaults, which spread deposits across several markets.