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Morpho Watch

PT-srUSDat-14JAN2027 / USDC on Monad

A Morpho market on Monad where people borrow USDC against PT-srUSDat-14JAN2027. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 7.84% a year and borrowers pay 8.66% right now.

Data from Morpho's API · updated

Borrow APY

8.66%

30-day average 7.36%

Supply APY

7.84%

30-day average 6.49%

Supplied

$327K

327.30K USDC

Borrowed

$297K

90.8% utilization

Available to borrow

$30.0K

free liquidity right now

Collateral posted

$343K

352.93K PT-srUSDat-14JAN2027

Liquidation price calculatorBorrow cost calculator

PT-srUSDat-14JAN2027 / USDC rate history

Average supply and borrow APY for each day

Utilization

PT-srUSDat-14JAN2027 / 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 6.88% 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-srUSDat-14JAN2027 collateral could be liquidated if its price fell by each amount

Based on today's loans and today's PT-srUSDat-14JAN2027 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-srUSDat-14JAN2027 price in USDC0.972 USDC
OracleUnknown0x9aD7…619c
Market feeNoneshare of interest taken by the protocol

LLTV and liquidations · How oracles work

Details

Loan assetUSDCprice $0.9999
CollateralPT-srUSDat-14JAN2027price $0.9714
Borrowers3
CreatedAugust 18, 2026
Market ID0x08d20c5f…378651
Rate model0x0947…400F
PT-srUSDat-14JAN2027 token0x355E…8963
USDC token0x7547…b603

Vaults lending here

$327K of the $327K supplied comes from these vaults

VaultLent hereVault net APYVault deposits
Saturn USDCV2lends directly$327K8.46%$1.93M

Largest borrowers

3 open loans in this market

AddressBorrowedCollateralHealthPrice drop to liquidation
0xAa34…5Dd5$254K$294K1.065.6%
0x86Ab…13A0$43.0K$48.6K1.033.2%
0x594c…D562$0$1.00>9999.9%

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-srUSDat-14JAN2027 / USDC market

The PT-srUSDat-14JAN2027 / USDC market on Monad was created on August 18, 2026. Anyone can lend USDC into it, and anyone holding PT-srUSDat-14JAN2027 can borrow that USDC against it, up to a loan-to-value of 91.5% (its LLTV), where liquidation starts. Prices come from a custom oracle; check its source before borrowing or lending.

Right now $327K is supplied and $297K borrowed, so 90.8% of the market is in use, backed by $343K of PT-srUSDat-14JAN2027 from 3 borrowers. Borrowers pay 8.66% a year, 7.36% on average over the last 30 days. Lenders earn 7.84%.

1 listed vault lends here, providing $327K of the supply; the largest is Saturn USDC. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-srUSDat-14JAN2027. If PT-srUSDat-14JAN2027 fell 20% against USDC, about $343K of collateral would be at risk of liquidation.

PT-srUSDat-14JAN2027 / USDC on Monad: quick answers

What is the USDC borrow rate against PT-srUSDat-14JAN2027 on Morpho Monad?

In this market it is 8.66% a year right now, and it averaged 7.36% 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-srUSDat-14JAN2027 / 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-srUSDat-14JAN2027 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-srUSDat-14JAN2027 fell to about 0.531 USDC.

How much USDC can be borrowed here right now?

$30.0K 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-srUSDat-14JAN2027 / USDC market?

Lenders earn 7.84% a year right now (6.49% averaged over 30 days). Most lend through vaults, such as Saturn USDC, which spread deposits across several markets.

Other PT-srUSDat-14JAN2027 / USDC markets

The same pair with a different LLTV, oracle or network

Market Supplied Supply APY Borrowed Borrow APY Utilization
PT-srUSDat-14JAN2027 / USDCEthereum · LLTV 91.5% $60.1K60.10K USDC 9.02% $59.8K$70.7K collateral 9.06% 99.5%