sfrxUSD / BRZ on Polygon
A Morpho market on Polygon where people borrow BRZ against sfrxUSD. A loan can be liquidated once it reaches 86% of the collateral's value. Lenders earn 3.55% a year and borrowers pay 3.95% right now.
Data from Morpho's API · updated
Borrow APY
3.95%
30-day average 3.96%
Supply APY
3.55%
30-day average 3.55%
Supplied
$1.0K
5.19K BRZ
Borrowed
$902
90.0% utilization
Available to borrow
$100
free liquidity right now
Collateral posted
$1.3K
1.09K sfrxUSD
sfrxUSD / BRZ rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
sfrxUSD / BRZ 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 3.95% 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 sfrxUSD collateral could be liquidated if its price fell by each amount
Based on today's loans and today's sfrxUSD price in BRZ. 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 |
| sfrxUSD price in BRZ | 6.28 BRZ |
| Oracle | ChainlinkOracleV20x866E…343b |
| Price feeds | 0x5AE6…5b81 0x8BF4…f1bf 0xB90D…af2c |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | BRZprice $0.1930 |
|---|---|
| Collateral | sfrxUSDprice $1.2125 |
| Borrowers | 4 |
| Created | July 22, 2026 |
| Market ID | 0x7d8b049e…f7eddb |
| Rate model | 0xe675…F0B0 |
| sfrxUSD token | 0x5Bff…70c0 |
| BRZ token | 0x4eD1…75Dc |
Vaults lending here
$1.0K of the $1.0K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Feather BRZV2lends directly | $1.0K |
Largest borrowers
4 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x53fA…8C6C | $678 | 1.27 |
| 0x979F…EdB5 | $224 | 1.23 |
| 0x8d3b…dB60 | $0 | 1.66 |
| 0x1301…E1F7 | $0 | 26.90 |
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 sfrxUSD / BRZ market
The sfrxUSD / BRZ market on Polygon was created on July 22, 2026. Anyone can lend BRZ into it, and anyone holding sfrxUSD can borrow that BRZ against it, up to a loan-to-value of 86% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $1.0K is supplied and $902 borrowed, so 90.0% of the market is in use, backed by $1.3K of sfrxUSD from 4 borrowers. Borrowers pay 3.95% a year, 3.96% on average over the last 30 days. Lenders earn 3.55%.
1 listed vault lends here, providing $1.0K of the supply; the largest is Feather BRZ. Liquidators who close an unsafe loan here receive a 4.38% bonus in sfrxUSD. If sfrxUSD fell 20% against BRZ, about $319 of collateral would be at risk of liquidation.
sfrxUSD / BRZ on Polygon: quick answers
What is the BRZ borrow rate against sfrxUSD on Morpho Polygon?
In this market it is 3.95% a year right now, and it averaged 3.96% over the last 30 days. The rate is variable: it follows how much of the market's BRZ is borrowed, rising quickly above 90%.
When is a sfrxUSD / BRZ loan liquidated?
When the loan reaches 86% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes sfrxUSD worth 4.38% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if sfrxUSD fell to about 3.65 BRZ.
How much BRZ can be borrowed here right now?
$100 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the sfrxUSD / BRZ market?
Lenders earn 3.55% a year right now (3.55% averaged over 30 days). Most lend through vaults, such as Feather BRZ, which spread deposits across several markets.