naccUSDC / AUSD on Monad
A Morpho market on Monad where people borrow AUSD against naccUSDC. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 7.42% a year and borrowers pay 8.47% right now.
Data from Morpho's API · updated
Borrow APY
8.47%
30-day average 9.19%
Supply APY
7.42%
30-day average 8.18%
Supplied
$1.85M
1.86M AUSD
Borrowed
$1.63M
88.0% utilization
Available to borrow
$222K
free liquidity right now
Collateral posted
$2.46M
2.30M naccUSDC
naccUSDC / AUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
naccUSDC / AUSD 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 8.62% 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 naccUSDC collateral could be liquidated if its price fell by each amount
Based on today's loans and today's naccUSDC price in AUSD. 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 |
| naccUSDC price in AUSD | 1.07 AUSDthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xe3Ee…5eA3 |
| Price feeds | 0x58ba…0554 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | AUSDprice $0.9991 |
|---|---|
| Collateral | naccUSDCprice $1.0696 |
| Borrowers | 2 |
| Created | July 16, 2026 |
| Market ID | 0x823542f6…7e5f3f |
| Rate model | 0x0947…400F |
| naccUSDC token | 0x58ba…0554 |
| AUSD token | 0x0000…012a |
Vaults lending here
$1.85M of the $1.85M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Clearstar Accountable AUSDV2lends directly | $1.85M |
Largest borrowers
2 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x9578…54AF | $1.63M | 1.24 |
| 0xEDb7…374B | $6.3K | 14.65 |
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 naccUSDC / AUSD market
The naccUSDC / AUSD market on Monad was created on July 16, 2026. Anyone can lend AUSD into it, and anyone holding naccUSDC can borrow that AUSD against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $1.85M is supplied and $1.63M borrowed, so 88.0% of the market is in use, backed by $2.46M of naccUSDC from 2 borrowers. Borrowers pay 8.47% a year, 9.19% on average over the last 30 days. Lenders earn 7.42%.
1 listed vault lends here, providing $1.85M of the supply; the largest is Clearstar Accountable AUSD. Liquidators who close an unsafe loan here receive a 4.38% bonus in naccUSDC.
naccUSDC / AUSD on Monad: quick answers
What is the AUSD borrow rate against naccUSDC on Morpho Monad?
In this market it is 8.47% a year right now, and it averaged 9.19% over the last 30 days. The rate is variable: it follows how much of the market's AUSD is borrowed, rising quickly above 90%.
When are naccUSDC / AUSD loans liquidated?
When a loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes naccUSDC worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if naccUSDC fell to about 0.622 AUSD.
How much AUSD can be borrowed here right now?
$222K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the naccUSDC / AUSD market?
Lenders earn 7.42% a year right now (8.18% averaged over 30 days). Most lend through vaults, such as Clearstar Accountable AUSD, which spread deposits across several markets.