Morpho Watch

Morpho on OP Mainnet

Every Morpho vault and market listed on OP Mainnet, with live rates. Money on OP Mainnet stays on OP Mainnet: its vaults lend only to markets on the same network. Contracts can be checked on the OP Mainnet block explorer.

Data from Morpho's API · updated

Supplied in markets

$2.17M

4 markets

Borrowed

$1.97M

90.6% of supply

Deposited in vaults

$2.14M

3 vaults

Collateral posted

$2.49M

backing the loans

Best vault yields on OP Mainnet

Highest net APY with at least $1M deposited

VaultNet APYDeposits
Re7 WETHOP Mainnet · RE7 Labs 6.54%incl. 4.80% rewards $1.69M

Cheapest borrowing on OP Mainnet

Lowest borrow APY among markets in use with $250K+ to borrow

MarketBorrow APYAvailable
Nothing qualifies right now.

Largest vaults on OP Mainnet

The top 3 of 3 by deposits

All vaults →
Largest Morpho vaults on OP Mainnet
Vault Deposits Net APY 30‑day APY Fee Withdrawable
Re7 WETHV2RE7 Labs · OP Mainnet · $1.69M $1.69M839.17 WETH 6.54%incl. 4.80% rewards 1.35% 10% $150K
Gauntlet USDC PrimeGauntlet · OP Mainnet · $454K $454K453.96K USDC 6.68% 5.30% 20% $54.4K
Dialectic USDT0V2Dialectic Meccanico · OP Mainnet · $8.00 $8.008.00 USD₮0 -0.78% -0.77% 0%+1.0% a year $7.00

Largest markets on OP Mainnet

The top 4 of 4 by supply

All markets →
Largest Morpho markets on OP Mainnet
Market Supplied Supply APY Borrowed Borrow APY Utilization
wstETH / WETHOP Mainnet · LLTV 94.5% $1.72M855.64 WETH 1.93% $1.57M$1.81M collateral 2.12% 91.2%
WBTC / USDCOP Mainnet · LLTV 86% $415K415.25K USDC 9.00% $380K$652K collateral 9.87% 91.6%
sUSDC / USDCOP Mainnet · LLTV 94.5% $37.6K37.66K USDC 1.65% $18.5K$21.2K collateral 3.39% 49.1%
WETH / USDCOP Mainnet · LLTV 86% $2.6K2.61K USDC 32.93% $2.4K$6.1K collateral 35.91% 92.8%

Morpho on OP Mainnet: quick answers

How big is Morpho on OP Mainnet?

$2.17M is supplied and $1.97M borrowed across 4 markets listed in the Morpho app on OP Mainnet, and 3 vaults hold $2.14M.

What is the best vault yield on Morpho OP Mainnet?

Among vaults with at least $1M deposited, Re7 WETH pays the most right now: 6.54% net APY (4.80% of it in token rewards, which can stop at any time). The largest vault, Re7 WETH, pays 6.54% net APY (4.80% of it in token rewards, which can stop at any time).

What is the largest Morpho market on OP Mainnet?

wstETH / WETH with $1.72M supplied. Borrowers there pay 2.12% and lenders earn 1.93%.

Other networks: Ethereum, Base, Robinhood Chain, Arc, Arbitrum, Monad, HyperEVM, Tempo. Or compare them all on the networks page.