PT-USDat-14JAN2027 / USDC on Monad
A Morpho market on Monad where people borrow USDC against PT-USDat-14JAN2027. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 8.31% a year and borrowers pay 9.10% right now.
Data from Morpho's API · updated
Borrow APY
9.10%
30-day average 6.20%
Supply APY
8.31%
30-day average 5.57%
Supplied
$23.89M
23.89M USDC
Borrowed
$21.89M
91.7% utilization
Available to borrow
$1.99M
free liquidity right now
Collateral posted
$25.49M
26.12M PT-USDat-14JAN2027
PT-USDat-14JAN2027 / USDC rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PT-USDat-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 6.00% 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-USDat-14JAN2027 collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PT-USDat-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 bonus | 2.62%extra collateral a liquidator receives |
| PT-USDat-14JAN2027 price in USDC | 0.976 USDC |
| Oracle | Unknown0x5979…dAB2 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDCprice $0.9999 |
|---|---|
| Collateral | PT-USDat-14JAN2027price $0.9756 |
| Borrowers | 50 |
| Created | August 4, 2026 |
| Market ID | 0x093bd940…6c3439 |
| Rate model | 0x0947…400F |
| PT-USDat-14JAN2027 token | 0xa08A…c147 |
| USDC token | 0x7547…b603 |
Vaults lending here
$21.75M of the $23.89M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Hyperithm USDC ApexV2lends directly | $20.00M |
| Saturn USDCV2lends directly | $1.60M |
| SharpByte USDC High YieldV2lends directly | $146K |
Largest borrowers
50 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x46e4…1bd1 | $6.17M | 1.08 |
| 0x0a12…0f0F | $2.76M | 1.03 |
| 0x5A98…dE50 | $1.79M | 1.03 |
| 0x68e7…8264 | $1.71M | 1.05 |
| 0x544B…aC66 | $1.28M | 1.05 |
| 0x0197…8812 | $957K | 1.03 |
| 0xf5DC…A5d2 | $716K | 1.03 |
| 0x897a…d8ae | $669K | 1.05 |
| 0x4768…c9b2 | $579K | 1.10 |
| 0xBa64…c6a7 | $570K | 1.05 |
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-USDat-14JAN2027 / USDC market
The PT-USDat-14JAN2027 / USDC market on Monad was created on August 4, 2026. Anyone can lend USDC into it, and anyone holding PT-USDat-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 $23.89M is supplied and $21.89M borrowed, so 91.7% of the market is in use, backed by $25.49M of PT-USDat-14JAN2027 from 50 borrowers. Borrowers pay 9.10% a year, 6.20% on average over the last 30 days. Lenders earn 8.31%.
3 listed vaults lend here, providing $21.75M of the supply; the largest are Hyperithm USDC Apex, Saturn USDC and SharpByte USDC High Yield. Liquidators who close an unsafe loan here receive a 2.62% bonus in PT-USDat-14JAN2027. If PT-USDat-14JAN2027 fell 20% against USDC, about $24.88M of collateral would be at risk of liquidation.
PT-USDat-14JAN2027 / USDC on Monad: quick answers
What is the USDC borrow rate against PT-USDat-14JAN2027 on Morpho Monad?
In this market it is 9.10% a year right now, and it averaged 6.20% 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-USDat-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-USDat-14JAN2027 worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PT-USDat-14JAN2027 fell to about 0.533 USDC.
How much USDC can be borrowed here right now?
$1.99M 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-USDat-14JAN2027 / USDC market?
Lenders earn 8.31% a year right now (5.57% averaged over 30 days). Most lend through vaults, such as Hyperithm USDC Apex, Saturn USDC and SharpByte USDC High Yield, which spread deposits across several markets.
Other PT-USDat-14JAN2027 / USDC markets
The same pair with a different LLTV, oracle or network
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-USDat-14JAN2027 / USDCEthereum · LLTV 91.5% | 6.62% | 7.26% |
More ways to borrow against PT-USDat-14JAN2027
Other loan assets with PT-USDat-14JAN2027 as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| PT-USDat-14JAN2027 / USDTEthereum · LLTV 91.5% | 9.25% | 10.02% |
