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Morpho Watch

PT-earnAUSD-8OCT2026 / USDC on Monad

A Morpho market on Monad where people borrow USDC against PT-earnAUSD-8OCT2026. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 14.27% a year and borrowers pay 15.54% right now.

Data from Morpho's API · updated

Borrow APY

15.54%

30-day average 10.14%

Supply APY

14.27%

30-day average 9.33%

Supplied

$3.12M

3.12M USDC

Borrowed

$2.88M

92.3% utilization

Available to borrow

$239K

free liquidity right now

Collateral posted

$3.32M

3.33M PT-earnAUSD-8OCT2026

Liquidation price calculatorBorrow cost calculator

PT-earnAUSD-8OCT2026 / USDC rate history

Average supply and borrow APY for each day

Utilization

PT-earnAUSD-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 8.85% 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-earnAUSD-8OCT2026 collateral could be liquidated if its price fell by each amount

Based on today's loans and today's PT-earnAUSD-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 bonus2.62%extra collateral a liquidator receives
PT-earnAUSD-8OCT2026 price in USDC0.997 USDC
OracleChainlinkOracleV20x7bd5…9977
Price feeds0xEcE5…eaBB
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSDCprice $0.9999
CollateralPT-earnAUSD-8OCT2026price $0.9967
Borrowers5
CreatedAugust 17, 2026
Market ID0xcd6d902d…8cdf98
Rate model0x0947…400F
PT-earnAUSD-8OCT2026 token0xDaf2…45CD
USDC token0x7547…b603

Vaults lending here

No listed vault lends to this market right now

Largest borrowers

5 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0xb00F…F58d$2.62M$3.02M1.055.2%
0x657b…3055$193K$222K1.055.0%
0x7BEd…b29b$62.3K$71.8K1.065.3%
0x7a60…c9B1$10.9K$12.6K1.055.0%
0x572c…0D5D$0$0––

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 PT-earnAUSD-8OCT2026 / USDC market

The PT-earnAUSD-8OCT2026 / USDC market on Monad was created on August 17, 2026. Anyone can lend USDC into it, and anyone holding PT-earnAUSD-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 $3.12M is supplied and $2.88M borrowed, so 92.3% of the market is in use, backed by $3.32M of PT-earnAUSD-8OCT2026 from 5 borrowers. Borrowers pay 15.54% a year, 10.14% on average over the last 30 days. Lenders earn 14.27%.

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 2.62% bonus in PT-earnAUSD-8OCT2026. If PT-earnAUSD-8OCT2026 fell 20% against USDC, about $3.32M of collateral would be at risk of liquidation.

PT-earnAUSD-8OCT2026 / USDC on Monad: quick answers

What is the USDC borrow rate against PT-earnAUSD-8OCT2026 on Morpho Monad?

In this market it is 15.54% a year right now, and it averaged 10.14% 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-earnAUSD-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-earnAUSD-8OCT2026 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-earnAUSD-8OCT2026 fell to about 0.545 USDC.

How much USDC can be borrowed here right now?

$239K 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-earnAUSD-8OCT2026 / USDC market?

Lenders earn 14.27% a year right now (9.33% averaged over 30 days). Most lend through vaults, which spread deposits across several markets.

Does the PT-earnAUSD-8OCT2026 / USDC market have any warnings?

Morpho's app flags: unrecognized collateral.