siUSD / AUSD on Monad
A Morpho market on Monad where people borrow AUSD against siUSD. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 5.75% a year and borrowers pay 6.34% right now.
Data from Morpho's API · updated
Borrow APY
6.34%
30-day average 5.55%
Supply APY
5.75%
30-day average 4.98%
Supplied
$3.49M
3.49M AUSD
Borrowed
$3.17M
90.8% utilization
Available to borrow
$319K
free liquidity right now
Collateral posted
$3.59M
3.27M siUSD
siUSD / AUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
siUSD / AUSD 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 5.03% 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 siUSD collateral could be liquidated if its price fell by each amount
Based on today's loans and today's siUSD price in AUSD. 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 |
| siUSD price in AUSD | 1.10 AUSDthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x53b3…28a9 |
| Price feeds | 0x8b19…Bb92 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | AUSDprice $0.9991 |
|---|---|
| Collateral | siUSDprice $1.0990 |
| Borrowers | 6 |
| Created | October 6, 2026 |
| Market ID | 0x8fa5d51a…fd31d3 |
| Rate model | 0x0947…400F |
| siUSD token | 0x5855…1b9B |
| AUSD token | 0x0000…012a |
Vaults lending here
$3.49M of the $3.49M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| RockawayX infiniFi AUSDV2lends directly | $3.49M |
Largest borrowers
6 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xAa34…5Dd5 | $1.88M | 1.01 |
| 0xdaF6…0350 | $441K | 1.11 |
| 0x6459…1d5A | $411K | 1.12 |
| 0x617a…cB63 | $327K | 1.04 |
| 0xf70F…ED88 | $111K | 1.02 |
| 0x22D4…676A | $1.00 | 1.25 |
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 siUSD / AUSD market
The siUSD / AUSD market on Monad was created on October 6, 2026. Anyone can lend AUSD into it, and anyone holding siUSD can borrow that AUSD 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 $3.49M is supplied and $3.17M borrowed, so 90.8% of the market is in use, backed by $3.59M of siUSD from 6 borrowers. Borrowers pay 6.34% a year, 5.55% on average over the last 30 days. Lenders earn 5.75%.
1 listed vault lends here, providing $3.49M of the supply; the largest is RockawayX infiniFi AUSD. Liquidators who close an unsafe loan here receive a 2.62% bonus in siUSD. If siUSD fell 20% against AUSD, about $3.59M of collateral would be at risk of liquidation.
siUSD / AUSD on Monad: quick answers
What is the AUSD borrow rate against siUSD on Morpho Monad?
In this market it is 6.34% a year right now, and it averaged 5.55% over the last 30 days. The rate is variable: it follows how much of the market's AUSD is borrowed, rising quickly above 90%.
When are siUSD / AUSD 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 siUSD worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if siUSD fell to about 0.601 AUSD.
How much AUSD can be borrowed here right now?
$319K is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the siUSD / AUSD market?
Lenders earn 5.75% a year right now (4.98% averaged over 30 days). Most lend through vaults, such as RockawayX infiniFi AUSD, which spread deposits across several markets.
More ways to borrow against siUSD
Other loan assets with siUSD as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| siUSD / USDCEthereum · LLTV 91.5% | 6.93% | 7.89% |
| siUSD / msUSDEthereum · LLTV 91.5% | 0.11% | 0.31% |
