syrupUSDG / USDG on Robinhood Chain
A Morpho market on Robinhood Chain where people borrow USDG against syrupUSDG. A loan can be liquidated once it reaches 91.5% of the collateral's value. Lenders earn 3.86% a year and borrowers pay 4.29% right now.
Data from Morpho's API · updated
Borrow APY
4.29%
30-day average 4.32%
Supply APY
3.86%
30-day average 3.87%
Supplied
$92.85M
92.85M USDG
Borrowed
$83.60M
90.0% utilization
Available to borrow
$9.24M
free liquidity right now
Collateral posted
$93.69M
91.99M syrupUSDG
syrupUSDG / USDG rate history
Average supply and borrow APY for each day
Borrow APY Supply APY
| Day | Supply APY | Borrow APY | Utilization |
|---|
Utilization
syrupUSDG / 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 4.23% 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 syrupUSDG collateral could be liquidated if its price fell by each amount
Based on today's loans and today's syrupUSDG price in USDG. 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 |
| syrupUSDG price in USDG | 1.02 USDGthe market's oracle, which liquidations follow |
| Oracle | ChainlinkOracleV20x152c…Ca91 |
| Price feeds | 0x3bEd…dBa3 |
| Market fee | Noneshare of interest taken by the protocol |
Details
| Loan asset | USDGprice $0.9999 |
|---|---|
| Collateral | syrupUSDGprice $1.0186 |
| Borrowers | 52 |
| Created | June 8, 2026 |
| Market ID | 0x919a9b6b…6b61c7 |
| Rate model | 0x2BD3…0fa1 |
| syrupUSDG token | 0x4085…74f7 |
| USDG token | 0x5fc5…d168 |
Vaults lending here
$92.82M of the $92.85M supplied comes from these vaults
| Vault | Lent here |
|---|---|
| Steakhouse USDGV2lends directly | $92.82M |
| MEV Capital USDGV2lends directly | $6.00 |
Largest borrowers
52 open loans in this market
| Address | Borrowed | Health |
|---|---|---|
| 0x502D…8fB3 | $21.65M | 1.01 |
| 0x7d2c…874E | $18.16M | 1.02 |
| 0x086e…E327 | $9.13M | 1.01 |
| 0xa33E…62A2 | $7.41M | 1.05 |
| 0x10c8…5A25 | $7.07M | 1.01 |
| 0x8e87…72C4 | $3.61M | 1.05 |
| 0x9bc4…e046 | $3.47M | 1.06 |
| 0xdd64…c737 | $2.56M | 1.02 |
| 0xdf81…2730 | $2.29M | 1.05 |
| 0xC279…f057 | $2.19M | 1.06 |
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, $2.04 of debt repaid
| When | Debt repaid | Transaction |
|---|---|---|
| $1.021.02 USDG | 0x72de…6632 | |
| $1.021.02 USDG | 0x4820…256a |
About the syrupUSDG / USDG market
The syrupUSDG / USDG market on Robinhood Chain was created on June 8, 2026. Anyone can lend USDG into it, and anyone holding syrupUSDG can borrow that USDG 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 $92.85M is supplied and $83.60M borrowed, so 90.0% of the market is in use, backed by $93.69M of syrupUSDG from 52 borrowers. Borrowers pay 4.29% a year, 4.32% on average over the last 30 days. Lenders earn 3.86%.
2 listed vaults lend here, providing $92.82M of the supply; the largest are Steakhouse USDG and MEV Capital USDG. Liquidators who close an unsafe loan here receive a 2.62% bonus in syrupUSDG. If syrupUSDG fell 20% against USDG, about $93.69M of collateral would be at risk of liquidation. 2 loans were liquidated here in the last 30 days.
syrupUSDG / USDG on Robinhood Chain: quick answers
What is the USDG borrow rate against syrupUSDG on Morpho Robinhood Chain?
In this market it is 4.29% a year right now, and it averaged 4.32% 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 syrupUSDG / USDG 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 syrupUSDG worth 2.62% more than it repaid. For example, a loan of half the collateral's value today would be liquidated if syrupUSDG fell to about 0.557 USDG.
How much USDG can be borrowed here right now?
$9.24M is free in the market. Borrowing more than that would have to wait for repayments or new lenders.
What do lenders earn in the syrupUSDG / USDG market?
Lenders earn 3.86% a year right now (3.87% averaged over 30 days). Most lend through vaults, such as Steakhouse USDG and MEV Capital USDG, which spread deposits across several markets.
Other syrupUSDG / USDG markets
The same pair with a different LLTV, oracle or network
| Market | Supply APY | Borrow APY |
|---|---|---|
| syrupUSDG / USDGArbitrum · LLTV 91.5% | 2.91% | 3.25% |
