PONS / USDG on Robinhood Chain
A Morpho market on Robinhood Chain where people borrow USDG against PONS. A loan can be liquidated once it reaches 62.5% of the collateral's value. Lenders earn 13.60% a year and borrowers pay 15.03% right now.
Data from Morpho's API · updated
Borrow APY
15.03%
30-day average 12.56%
Supply APY
13.60%
30-day average 11.26%
Supplied
$8.2K
8.18K USDG
Borrowed
$7.4K
91.1% utilization
Available to borrow
$731
free liquidity right now
Collateral posted
$17.0K
116.74K PONS
PONS / USDG rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
PONS / USDG 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 11.23% 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 PONS collateral could be liquidated if its price fell by each amount
Based on today's loans and today's PONS price in USDG. Borrowers who repay or add collateral move these numbers every day.
Risk settings
| Liquidation LTV (LLTV) | 62.5%fixed for the life of the market |
|---|---|
| Liquidation bonus | 12.68%extra collateral a liquidator receives |
| PONS price in USDG | 0.147 USDGthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x9ff8…528b |
| Price feeds | 0xD5e3…5000 0xb57a…025b |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDGprice $0.9999 |
|---|---|
| Collateral | PONSprice $0.1449 |
| Borrowers | 11 |
| Created | September 10, 2026 |
| Market ID | 0x1a31d1c8…c58239 |
| Rate model | 0x2BD3…0fa1 |
| PONS token | 0x39dB…4571 |
| USDG token | 0x5fc5…d168 |
Vaults lending here
$7.9K of the $8.2K supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Purinta USDGV2lends directly | $7.9K |
Largest borrowers
11 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0xc344…A83c | $2.9K | 1.15 |
| 0x3721…9f0C | $2.2K | 1.56 |
| 0x6307…149D | $1.1K | 1.33 |
| 0x0786…c1Eb | $413 | 1.94 |
| 0x51D9…91f1 | $376 | 1.46 |
| 0xf7c6…EAa9 | $300 | 1.69 |
| 0xc12D…4c8E | $200 | 3.00 |
| 0x1946…35e5 | $0 | 67.59 |
| 0x4477…21e3 | $0 | 1.23 |
| 0xb985…2167 | $0 | 75.06 |
Health is collateral value times the LLTV, divided by the debt. Below 1.00 a loan can be liquidated.
Recent liquidations here
2 in the last 30 days, $1.5K of debt repaid
| When | Debt repaid | Transaction |
|---|---|---|
| $500500.42 USDG | 0x8bad…e634 | |
| $950950.26 USDG | 0x7b88…daad | |
| $1.0K1.00K USDG | 0x0c92…8e94 | |
| $700700.06 USDG | 0x67c7…789b | |
| $16.5716.57 USDG | 0x3e91…3828 | |
| $51.5751.58 USDG | 0xa5f2…2a6f | |
| $137137.06 USDG | 0xe4e7…ae68 | |
| $3.503.50 USDG | 0x5180…8492 |
About the PONS / USDG market
The PONS / USDG market on Robinhood Chain was created on September 10, 2026. Anyone can lend USDG into it, and anyone holding PONS can borrow that USDG against it, up to a loan-to-value of 62.5% (its LLTV), where liquidation starts. Prices come from Chainlink-style price feeds.
Right now $8.2K is supplied and $7.4K borrowed, so 91.1% of the market is in use, backed by $17.0K of PONS from 11 borrowers. Borrowers pay 15.03% a year, 12.56% on average over the last 30 days. Lenders earn 13.60%.
1 listed vault lends here, providing $7.9K of the supply; the largest is Purinta USDG. Liquidators who close an unsafe loan here receive a 12.68% bonus in PONS. If PONS fell 20% against USDG, about $5.3K of collateral would be at risk of liquidation. 2 loans were liquidated here in the last 30 days.
PONS / USDG on Robinhood Chain: quick answers
What is the USDG borrow rate against PONS on Morpho Robinhood Chain?
In this market it is 15.03% a year right now, and it averaged 12.56% over the last 30 days. The rate is variable: it follows how much of the market's USDG is borrowed, rising quickly above 90%.
When are PONS / USDG loans liquidated?
When a loan reaches 62.5% of the collateral's value (the market's LLTV). A liquidator then repays part of the debt and takes PONS worth 12.68% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if PONS fell to about 0.117 USDG.
How much USDG can be borrowed here right now?
$731 is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the PONS / USDG market?
Lenders earn 13.60% a year right now (11.26% averaged over 30 days). Most lend through vaults, such as Purinta USDG, which spread deposits across several markets.