PT-reUSD-10DEC2026 / USDC on Monad
A Morpho market on Monad where people borrow USDC against PT-reUSD-10DEC2026. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 11.08% a year and borrowers pay 12.25% right now.
Data from Morpho's API · updated
Borrow APY
12.25%
30-day average 9.87%
Supply APY
11.08%
30-day average 8.74%
Supplied
$996K
996.71K USDC
Borrowed
$907K
91.0% utilization
Available to borrow
$89.8K
free liquidity right now
Collateral posted
$1.27M
1.28M PT-reUSD-10DEC2026
PT-reUSD-10DEC2026 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-reUSD-10DEC2026 / 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 9.31% 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-reUSD-10DEC2026 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-reUSD-10DEC2026 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-reUSD-10DEC2026 price in USDC | 0.985 USDCthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x8180…E841 |
| Price feeds | 0xe6bB…C96b 0xBe88…4c1F |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9997 |
|---|---|
| Collateral | PT-reUSD-10DEC2026price $0.9909 |
| Borrowers | 8 |
| Created | September 24, 2026 |
| Market ID | 0xba2e101b…6f9737 |
| Rate model | 0x0947…400F |
| PT-reUSD-10DEC2026 token | 0xBb0d…ef09 |
| USDC token | 0x7547…b603 |
Vaults lending here
$468K of the $996K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Re Ecosystem VaultV2lends directly | $418K |
| SharpByte USDC High YieldV2lends directly | $50.1K |
Largest borrowers
8 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x0c81…1585 | $455K | 1.23 |
| 0x6554…f438 | $237K | 1.01 |
| 0x46ef…2B18 | $88.3K | 1.02 |
| 0x743D…2A73 | $55.2K | 1.02 |
| 0xbee8…4eD0 | $49.7K | 3.76 |
| 0xc0A0…8B0c | $12.8K | 1.06 |
| 0x41A3…475B | $9.0K | 1.08 |
| 0x6539…A293 | $0 | 1.39 |
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-reUSD-10DEC2026 / USDC market
The PT-reUSD-10DEC2026 / USDC market on Monad was created on September 24, 2026. Anyone can lend USDC into it, and anyone holding PT-reUSD-10DEC2026 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 $996K is supplied and $907K borrowed, so 91.0% of the market is in use, backed by $1.27M of PT-reUSD-10DEC2026 from 8 borrowers. Borrowers pay 12.25% a year, 9.87% on average over the last 30 days. Lenders earn 11.08%.
2 listed vaults lend here, providing $468K of the supply; the largest are Re Ecosystem Vault and SharpByte USDC High Yield. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-reUSD-10DEC2026. If PT-reUSD-10DEC2026 fell 20% against USDC, about $1.06M of collateral would be at risk of liquidation.
PT-reUSD-10DEC2026 / USDC on Monad: quick answers
What is the USDC borrow rate against PT-reUSD-10DEC2026 on Morpho Monad?
In this market it is 12.25% a year right now, and it averaged 9.87% 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 PT-reUSD-10DEC2026 / USDC loans liquidated?
When a loan reaches 91.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PT-reUSD-10DEC2026 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-reUSD-10DEC2026 fell to about 0.538 USDC.
How much USDC can be borrowed here right now?
$89.8K 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-reUSD-10DEC2026 / USDC market?
Lenders earn 11.08% a year right now (8.74% averaged over 30 days). Vaults provide 47% of the supply here (Re Ecosystem Vault and SharpByte USDC High Yield); the rest comes from people lending directly.
Other PT-reUSD-10DEC2026 / USDC markets
The same pair with a different LLTV, oracle or network
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-reUSD-10DEC2026 / USDCEthereum · LLTV 91.5% | 11.58% | 12.78% |
More ways to borrow against PT-reUSD-10DEC2026
Other loan assets with PT-reUSD-10DEC2026 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-reUSD-10DEC2026 / USDTEthereum · LLTV 91.5% | 18.59% | 19.99% |
