PT-AUSD-8OCT2026 / USDC on Monad
A Morpho market on Monad where people borrow USDC against PT-AUSD-8OCT2026. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 3.91% a year and borrowers pay 4.37% right now.
Data from Morpho's API · updated
Borrow APY
4.37%
30-day average 4.50%
Supply APY
3.91%
30-day average 3.97%
Supplied
$11.25M
11.25M USDC
Borrowed
$10.10M
89.7% utilization
Available to borrow
$1.16M
free liquidity right now
Collateral posted
$11.42M
11.44M PT-AUSD-8OCT2026
PT-AUSD-8OCT2026 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-AUSD-8OCT2026 / 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 4.38% 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 PT-AUSD-8OCT2026 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-AUSD-8OCT2026 price in USDC. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 91.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 2.62%extra collateral a liquidator receives |
| PT-AUSD-8OCT2026 price in USDC | 0.998 USDC |
| Oracle | ChainlinkOracleV20x436C…85a2 |
| Price feeds | 0x8565…B420 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9999 |
|---|---|
| Collateral | PT-AUSD-8OCT2026price $0.9979 |
| Borrowers | 49 |
| Created | June 25, 2026 |
| Market ID | 0x93a7a013…ad80a2 |
| Rate model | 0x0947…400F |
| PT-AUSD-8OCT2026 token | 0x9FC7…02d1 |
| USDC token | 0x7547…b603 |
Vaults lending here
$88.1K of the $11.25M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Steakhouse High Yield USDCV2lends directly | $88.1K |
Largest borrowers
49 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x29B4…5738 | $1.70M | 1.01 |
| 0xf4A4…27db | $1.52M | 1.03 |
| 0xF4Db…9C33 | $857K | 1.03 |
| 0xC853…3030 | $698K | 1.01 |
| 0x7E13…180E | $614K | 1.05 |
| 0x7dCD…Cd08 | $542K | 1.01 |
| 0x766d…2fc5 | $495K | 1.05 |
| 0xfF52…5479 | $441K | 1.03 |
| 0x2156…49B6 | $400K | 1.01 |
| 0x5435…fd46 | $276K | 1.08 |
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 PT-AUSD-8OCT2026 / USDC market
The PT-AUSD-8OCT2026 / USDC market on Monad was created on June 25, 2026. Anyone can lend USDC into it, and anyone holding PT-AUSD-8OCT2026 can borrow that USDC against it, up to a loan-to-value of 91.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $11.25M is supplied and $10.10M borrowed, so 89.7% of the market is in use, backed by $11.42M of PT-AUSD-8OCT2026 from 49 borrowers. Borrowers pay 4.37% a year, 4.50% on average over the last 30 days. Lenders earn 3.91%.
1 listed vault lends here, providing $88.1K of the supply; the largest is Steakhouse High Yield USDC. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-AUSD-8OCT2026. If PT-AUSD-8OCT2026 fell 20% against USDC, about $11.31M of collateral would be at risk of liquidation.
PT-AUSD-8OCT2026 / USDC on Monad: quick answers
What is the USDC borrow rate against PT-AUSD-8OCT2026 on Morpho Monad?
In this market it is 4.37% a year right now, and it averaged 4.50% 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 is a PT-AUSD-8OCT2026 / USDC loan liquidated?
When the loan reaches 91.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PT-AUSD-8OCT2026 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-AUSD-8OCT2026 fell to about 0.545 USDC.
How much USDC can be borrowed here right now?
$1.16M is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the PT-AUSD-8OCT2026 / USDC market?
Lenders earn 3.91% a year right now (3.97% averaged over 30 days). Most lend through vaults, such as Steakhouse High Yield USDC, which spread deposits across several markets.
More ways to borrow against PT-AUSD-8OCT2026
Other loan assets with PT-AUSD-8OCT2026 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-AUSD-8OCT2026 / mUSDMonad · LLTV 91.5% | 3.13% | 4.19% |
