aHyperBTC / cbBTC on Monad
A Morpho market on Monad where people borrow cbBTC against aHyperBTC. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 0.92% a year and borrowers pay 1.10% right now.
Data from Morpho's API · updated
Borrow APY
1.10%
30-day average 1.20%
Supply APY
0.92%
30-day average 1.06%
Supplied
$3.69M
44.01 cbBTC
Borrowed
$3.08M
83.3% utilization
Available to borrow
$616K
free liquidity right now
Collateral posted
$5.23M
61.20 aHyperBTC
aHyperBTC / cbBTC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
aHyperBTC / cbBTC 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 1.16% 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 aHyperBTC collateral could be liquidated if its price fell by each amount
Based on today's loans and today's aHyperBTC price in cbBTC. 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 |
| aHyperBTC price in cbBTC | 1.02 cbBTC |
| Oracle | ChainlinkOracleV20x7769…8b6b |
| Price feeds | 0xC6De…8168 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | cbBTCprice $83.9K |
|---|---|
| Collateral | aHyperBTCprice $85.5K |
| Borrowers | 17 |
| Created | April 17, 2026 |
| Market ID | 0x3bb04e09…74375d |
| Rate model | 0x0947…400F |
| aHyperBTC token | 0xC6De…8168 |
| cbBTC token | 0xd18B…414b |
Vaults lending here
$3.69M of the $3.69M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Hyperithm cbBTC ApexV2lends directly | $3.69M |
Largest borrowers
17 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xC965…c698 | $948K | 1.40 |
| 0xFb69…0784 | $594K | 1.43 |
| 0xa2E9…9126 | $524K | 1.27 |
| 0x85ca…7927 | $323K | 1.12 |
| 0x66A1…c76C | $237K | 1.03 |
| 0xa9eE…700B | $131K | 1.26 |
| 0x85B7…Fe34 | $118K | 1.32 |
| 0x1510…2836 | $110K | 1.38 |
| 0x8E11…b856 | $38.7K | 1.12 |
| 0x1A12…4545 | $30.6K | 1.20 |
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 aHyperBTC / cbBTC market
The aHyperBTC / cbBTC market on Monad was created on April 17, 2026. Anyone can lend cbBTC into it, and anyone holding aHyperBTC can borrow that cbBTC against it, up to a loan-to-value of 77% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $3.69M is supplied and $3.08M borrowed, so 83.3% of the market is in use, backed by $5.23M of aHyperBTC from 17 borrowers. Borrowers pay 1.10% a year, 1.20% on average over the last 30 days. Lenders earn 0.92%.
1 listed vault lends here, providing $3.69M of the supply; the largest is Hyperithm cbBTC Apex. Liquidators who close an unsafe loan here receive a 7.41% bonus in aHyperBTC. If aHyperBTC fell 20% against cbBTC, about $918K of collateral would be at risk of liquidation.
aHyperBTC / cbBTC on Monad: quick answers
What is the cbBTC borrow rate against aHyperBTC on Morpho Monad?
In this market it is 1.10% a year right now, and it averaged 1.20% over the last 30 days. The rate is variable: it follows how much of the market's cbBTC is borrowed, rising quickly above 90%.
When is a aHyperBTC / cbBTC 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 aHyperBTC worth 7.41% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if aHyperBTC fell to about 0.661 cbBTC.
How much cbBTC can be borrowed here right now?
$616K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the aHyperBTC / cbBTC market?
Lenders earn 0.92% a year right now (1.06% averaged over 30 days). Most lend through vaults, such as Hyperithm cbBTC Apex, which spread deposits across several markets.
More ways to borrow against aHyperBTC
Other loan assets with aHyperBTC as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| aHyperBTC / USDCMonad · LLTV 77% | 4.89%+0.14% rewards | 5.38% |
