strUSD / AUSD on Monad
A Morpho market on Monad where people borrow AUSD against strUSD. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 5.24% a year and borrowers pay 6.61% right now.
Data from Morpho's API · updated
Borrow APY
6.61%
30-day average 8.52%
Supply APY
5.24%
30-day average 7.50%
Supplied
$12.80M
12.81M AUSD
Borrowed
$10.22M
79.9% utilization
Available to borrow
$2.57M
free liquidity right now
Collateral posted
$12.82M
12.34M strUSD
strUSD / AUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
strUSD / 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 7.23% 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 strUSD collateral could be liquidated if its price fell by each amount
Based on today's loans and today's strUSD price in AUSD. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 86%fixed for the life of the market |
|---|---|
| Liquidation bonus | 4.38%extra collateral a liquidator receives |
| strUSD price in AUSD | 1.04 AUSDthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x941A…20F0 |
| Price feeds | 0xb811…C2Db 0xE207…9e13 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | AUSDprice $0.9991 |
|---|---|
| Collateral | strUSDprice $1.0392 |
| Borrowers | 14 |
| Created | September 15, 2026 |
| Market ID | 0x58532a6e…9af464 |
| Rate model | 0x0947…400F |
| strUSD token | 0x683f…5d20 |
| AUSD token | 0x0000…012a |
Vaults lending here
$11.75M of the $12.80M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| SharpByte AUSD Tori EcosystemV2lends directly | $6.01M |
| Y10k AUSD VaultV2lends directly | $5.74M |
Largest borrowers
14 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x0c81…1585 | $2.96M | 1.04 |
| 0xAa34…5Dd5 | $2.74M | 1.01 |
| 0x645E…B550 | $2.15M | 1.26 |
| 0xE176…756f | $1.11M | 1.05 |
| 0x0cA6…97Fd | $524K | 1.02 |
| 0xba48…7D7D | $365K | 1.03 |
| 0x5deb…c34B | $227K | 1.06 |
| 0x7875…5b73 | $81.9K | 1.05 |
| 0x743D…2A73 | $58.3K | 1.02 |
| 0xe9c0…5Ef6 | $5.0K | 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 strUSD / AUSD market
The strUSD / AUSD market on Monad was created on September 15, 2026. Anyone can lend AUSD into it, and anyone holding strUSD can borrow that AUSD against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $12.80M is supplied and $10.22M borrowed, so 79.9% of the market is in use, backed by $12.82M of strUSD from 14 borrowers. Borrowers pay 6.61% a year, 8.52% on average over the last 30 days. Lenders earn 5.24%.
2 listed vaults lend here, providing $11.75M of the supply; the largest are SharpByte AUSD Tori Ecosystem and Y10k AUSD Vault. Liquidators who close an unsafe loan here receive a 4.38% bonus in strUSD. If strUSD fell 20% against AUSD, about $9.66M of collateral would be at risk of liquidation.
strUSD / AUSD on Monad: quick answers
What is the AUSD borrow rate against strUSD on Morpho Monad?
In this market it is 6.61% a year right now, and it averaged 8.52% 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 strUSD / AUSD loans liquidated?
When a loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes strUSD worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if strUSD fell to about 0.604 AUSD.
How much AUSD can be borrowed here right now?
$2.57M is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the strUSD / AUSD market?
Lenders earn 5.24% a year right now (7.50% averaged over 30 days). Most lend through vaults, such as SharpByte AUSD Tori Ecosystem and Y10k AUSD Vault, which spread deposits across several markets.
More ways to borrow against strUSD
Other loan assets with strUSD as collateral
| Market | Supply APY | Borrow APY |
|---|---|---|
| strUSD / USDCEthereum · LLTV 86% | 9.70% | 10.77% |
