Morpho Watch

Morpho on Stable

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

Data from Morpho's API · updated

Supplied in markets

$26.80M

2 markets

Borrowed

$24.11M

90.0% of supply

Deposited in vaults

$35.54M

3 vaults

Collateral posted

$54.42M

backing the loans

Best vault yields on Stable

Highest net APY with at least $1M deposited

VaultNet APYDeposits
StableEarn Prime PYUSDStable · Galaxy Curation 9.00%incl. 6.84% rewards $15.32M
StableEarnStable · Gauntlet 6.24% $20.22M

Cheapest borrowing on Stable

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

MarketBorrow APYAvailable
weETH / PYUSDStable · LLTV 86% 3.58% $1.04M
sthUSD / USDT0Stable · LLTV 86% 8.65% $1.66M

Largest vaults on Stable

The top 3 of 3 by deposits

All vaults →
Largest Morpho vaults on Stable
Vault Deposits Net APY 30‑day APY Fee Withdrawable
StableEarnV2Gauntlet · Stable · $20.22M $20.22M20.24M USDT0 6.24% 6.19% 0% $3.80M
StableEarn Prime PYUSDV2Galaxy Curation · Stable · $15.32M $15.32M15.33M PYUSD 9.00%incl. 6.84% rewards – 0% $5.00M
Hyperithm USDT CoreV2Hyperithm · Stable · $1.00 $1.001.02 USDT0 0.00% 0.00% 0% $1.00

Largest markets on Stable

The top 2 of 2 by supply

All markets →
Largest Morpho markets on Stable
Market Supplied Supply APY Borrowed Borrow APY Utilization
sthUSD / USDT0Stable · LLTV 86% $16.48M16.50M USDT0 7.74% $14.82M$20.99M collateral 8.65% 90.0%
weETH / PYUSDStable · LLTV 86% $10.32M10.32M PYUSD 3.22% $9.28M$33.43M collateral 3.58% 90.0%

Morpho on Stable: quick answers

How big is Morpho on Stable?

$26.80M is supplied and $24.11M borrowed across 2 markets listed in the Morpho app on Stable, and 3 vaults hold $35.54M.

What is the best vault yield on Morpho Stable?

Among vaults with at least $1M deposited, StableEarn Prime PYUSD pays the most right now: 9.00% net APY (6.84% of it in token rewards, which can stop at any time). The largest vault, StableEarn, pays 6.24% net APY.

Where is borrowing cheapest on Morpho Stable?

PYUSD against weETH costs 3.58% a year, the lowest among markets in use with at least $250K left to borrow.

What is the largest Morpho market on Stable?

sthUSD / USDT0 with $16.48M supplied. Borrowers there pay 8.65% and lenders earn 7.74%.

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