Morpho Watch

aHyperBTC / USDC on Monad

A Morpho market on Monad where people borrow USDC against aHyperBTC. A loan can be liquidated once it reaches 77% of the collateral's value. Lenders earn 8.34% a year and borrowers pay 9.31% right now.

Data from Morpho's API · updated

Borrow APY

9.31%

30-day average 9.83%

Supply APY

8.34%

30-day average 8.97%

Supplied

$1.93M

1.93M USDC

Borrowed

$1.74M

90.1% utilization

Available to borrow

$192K

free liquidity right now

Collateral posted

$2.97M

40.49 aHyperBTC

Liquidation price calculatorBorrow cost calculator

aHyperBTC / USDC rate history

Average supply and borrow APY for each day

Utilization

aHyperBTC / 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 9.15% 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 USDC. 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
aHyperBTC price in USDC73.52K USDCthe market's oracle, which liquidations follow
OracleChainlinkOracleV20xc30A…5c6E
Price feeds0x3dDc…d6BD
0xf5F1…ebec
0xC6De…8168
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSDCprice $0.9997
CollateralaHyperBTCprice $73.4K
Borrowers3
CreatedAugust 5, 2026
Market ID0xe5192cf7…2450e5
Rate model0x0947…400F
aHyperBTC token0xC6De…8168
USDC token0x7547…b603

Vaults lending here

$1.79M of the $1.93M supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Hyperithm USDC ApexV2lends directly$1.79M8.11%$35.33M

Largest borrowers

3 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0x611D…107F$1.74M$3.08M1.3726.9%
0x594c…D562$0$06.4284.4%
0xcBa5…3EEe$0$0>9999.7%

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 aHyperBTC / USDC market

The aHyperBTC / USDC market on Monad was created on August 5, 2026. Anyone can lend USDC into it, and anyone holding aHyperBTC 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 $1.93M is supplied and $1.74M borrowed, so 90.1% of the market is in use, backed by $2.97M of aHyperBTC from 3 borrowers. Borrowers pay 9.31% a year, 9.83% on average over the last 30 days. Lenders earn 8.34%.

1 listed vault lends here, providing $1.79M of the supply; the largest is Hyperithm USDC Apex. Liquidators who close an unsafe loan here receive a 7.41% bonus in aHyperBTC.

aHyperBTC / USDC on Monad: quick answers

What is the USDC borrow rate against aHyperBTC on Morpho Monad?

In this market it is 9.31% a year right now, and it averaged 9.83% 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 aHyperBTC / 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 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 47.74K USDC.

How much USDC can be borrowed here right now?

$192K 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 / USDC market?

Lenders earn 8.34% a year right now (8.97% averaged over 30 days). Most lend through vaults, such as Hyperithm USDC Apex, which spread deposits across several markets.

More ways to borrow against aHyperBTC

Other loan assets with aHyperBTC as collateral

All aHyperBTC markets →
Market Supplied Supply APY Borrowed Borrow APY Utilization
aHyperBTC / cbBTCMonad · LLTV 77% $4.24M59.00 cbBTC 3.13% $3.86M$5.97M collateral 3.44% 91.1%