vUSD / AUSD on Monad
A Morpho market on Monad where people borrow AUSD against vUSD. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 7.23% a year and borrowers pay 7.28% right now.
Data from Morpho's API · updated
Borrow APY
7.28%
paid by borrowers
Supply APY
7.23%
earned by lenders
Supplied
$135K
134.93K AUSD
Borrowed
$134K
99.3% utilization
Available to borrow
$902
free liquidity right now
Collateral posted
$262K
250.00K vUSD
vUSD / AUSD rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
vUSD / 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 2.00% 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 vUSD collateral could be liquidated if its price fell by each amount
Based on today's loans and today's vUSD 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 |
| vUSD price in AUSD | 1.05 AUSDthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20xf07e…75c0 |
| Price feeds | 0x8d3F…c365 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | AUSDprice $0.9996 |
|---|---|
| Collateral | vUSDprice $1.0460 |
| Borrowers | 1 |
| Created | September 30, 2026 |
| Market ID | 0x1c1312c2…235af8 |
| Rate model | 0x0947…400F |
| vUSD token | 0x8d3F…c365 |
| AUSD token | 0x0000…012a |
Vaults lending here
$135K of the $135K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Clearstar Accountable AUSDV2lends directly | $135K |
Largest borrowers
1 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x0104…116A | $134K | 1.79 |
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 vUSD / AUSD market
The vUSD / AUSD market on Monad was created on September 30, 2026. Anyone can lend AUSD into it, and anyone holding vUSD 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 $135K is supplied and $134K borrowed, so 99.3% of the market is in use, backed by $262K of vUSD from 1 borrowers. Borrowers pay 7.28% a year. Lenders earn 7.23%.
1 listed vault lends here, providing $135K of the supply; the largest is Clearstar Accountable AUSD. Liquidators who close an unsafe loan here receive a 2.62% bonus in vUSD.
vUSD / AUSD on Monad: quick answers
What is the AUSD borrow rate against vUSD on Morpho Monad?
In this market it is 7.28% a year right now. The rate is variable: it follows how much of the market's AUSD is borrowed, rising quickly above 90%.
When are vUSD / 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 vUSD worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if vUSD fell to about 0.572 AUSD.
How much AUSD can be borrowed here right now?
$902 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the vUSD / AUSD market?
Lenders earn 7.23% a year right now. Most lend through vaults, such as Clearstar Accountable AUSD, which spread deposits across several markets.