Morpho stablecoin yields and borrow rates

Q: What is the best USDC yield on Morpho?

Api3 dCOMP USDC on Ethereum pays 11.78% net APY, the most among USDC vaults with at least $1M deposited. Higher yields usually come with riskier collateral, so check what the vault lends against.

Q: What is the best USDT yield on Morpho?

Flowdesk Confidential High Yield USDT on Ethereum pays 9.91% net APY (2.61% of it in token rewards, which can stop at any time), the most among USDT vaults with at least $1M deposited. Higher yields usually come with riskier collateral, so check what the vault lends against.

Q: Where is it cheapest to borrow USDC on Morpho?

Borrowing USDC against yoUSD on Ethereum costs 0.73% a year, the lowest among USDC markets in use with at least $250K left to borrow.

Q: What is the average stablecoin yield on Morpho?

Weighted by size, stablecoin vaults on Morpho pay 4.51% net APY right now, across 248 vaults.

Every dollar-pegged vault and market on Morpho: USDC, USDT, PYUSD, RLUSD, USDe and more. Averages are weighted by size, so a large vault counts for more than a small one. Most stablecoin yield on Morpho comes from people borrowing dollars against crypto collateral such as Bitcoin and ETH.

Data from Morpho's API · updated 2026-11-12 18:01 UTC

In stablecoin vaults

$6.38B

248 vaults

Average vault net APY

4.51%

weighted by deposits

Stablecoins borrowed

$5.38B

343 markets

Average borrow APY

5.45%

weighted by amount borrowed

Best stablecoin vaults

Highest net APY with at least $1M deposited

Vault	Net APY	Deposits
Api3 dCOMP USDCEthereum · Api3	11.78%	$8.69M
RockawayX Tori EcosystemEthereum · RockawayX	10.32%	$14.11M
Yearn OG USDCEthereum · Yearn	10.17%	$2.67M
Flowdesk Confidential High Yield USDTEthereum · Flowdesk	9.91%incl. 2.61% rewards	$28.17M
Gauntlet DAI CoreEthereum · Gauntlet	9.84%	$2.04M
RockawayX f(x) Protocol Ecosystem USDCEthereum · RockawayX	9.16%incl. 4.54% rewards	$11.24M
Yearn OG USDCEthereum · Yearn	9.08%	$10.03M
StableEarn Prime PYUSDStable · Galaxy Curation	9.00%incl. 6.84% rewards	$15.32M

Cheapest stablecoin loans

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

Market	Borrow APY	Available
siUSD / msUSDEthereum · LLTV 91.5%	0.31%	$898K
yoUSD / USDCEthereum · LLTV 86%	0.73%	$813K
vbWBTC / vbUSDCKatana · LLTV 86%	2.77%	$653K
syrupUSDG / USDGArbitrum · LLTV 91.5%	3.25%	$13.92M
yvvbETH / vbUSDCKatana · LLTV 77%	3.31%	$453K
spUSDG / USDGRobinhood Chain · LLTV 91.5%	3.54%	$731K
weETH / PYUSDStable · LLTV 86%	3.58%	$1.04M
wstETH / USDTEthereum · LLTV 86%	3.65%	$525K

All stablecoin vaults

Click a column to sort. Withdrawable is the cash the vault could pay out right now.

Stablecoin vaults on Morpho
Vault	Deposits	Net APY	30‑day APY	Fee	Withdrawable
Steakhouse USDGV2⚠ Deposits switched offSteakhouse Financial · Robinhood Chain · $528.0M	$528.0M528.10M USDG	4.63%	4.07%	0%	$50.88M
Grove x Steakhouse USDCV2Steakhouse Financial · Base · $523.7M	$523.7M523.85M USDC	4.50%	5.22%	0%	$286.7M
Sentora x Spark RLUSDV2Sentora, SparkDAO · Ethereum · $499.9M	$499.9M500.01M RLUSD	0.23%	0.16%	10%	$464.4M
Steakhouse High Yield USDC EditionV2Steakhouse Financial · Base · $458.2M	$458.2M458.33M USDC	3.33%	3.56%	25%	$94.90M
Sentora RLUSD MainV2Sentora · Ethereum · $420.4M	$420.4M420.46M RLUSD	5.69%incl. 2.86% rewards	3.24%	10%	$27.89M
Gauntlet USDC PrimeGauntlet · Base · $398.2M	$398.2M398.28M USDC	4.50%	5.20%	0%	$306.4M
Spark USDC VaultSparkDAO · Base · $371.1M	$371.1M371.23M USDC	4.04%	4.67%	10%	$286.8M
Paypal USD MainV2Sentora · Ethereum · $355.5M	$355.5M355.73M PYUSD	5.49%incl. 3.16% rewards	2.38%	0%+1.0% a year	$38.40M
Gauntlet USDC PrimeV2Gauntlet · Base · $229.7M	$229.7M229.79M USDC	4.50%	5.22%	0%	$224.4M
Sentora PRIME MainV2Sentora · Ethereum · $187.2M	$187.2M187.31M PYUSD	7.27%incl. 2.16% rewards	4.13%	15%	$1.02M
Steakhouse Prime USDCV2Steakhouse Financial · Ethereum · $136.1M	$136.1M136.18M USDC	4.38%	4.95%	0%	$43.46M
Steakhouse Prime USDCV2Steakhouse Financial · Base · $134.1M	$134.1M134.15M USDC	4.50%	5.22%	0%	$121.0M
Gauntlet USDC PrimeV2Gauntlet · Ethereum · $110.5M	$110.5M110.51M USDC	4.41%	4.86%	0%	$46.94M
Steakhouse USDCSteakhouse Financial · Base · $104.5M	$104.5M104.53M USDC	3.36%	3.87%	25%	$104.5M
Ethena x Steakhouse USDCV2Steakhouse Financial · Base · $100.9M	$100.9M100.92M USDC	3.98%	2.96%	5%	$36.80M
Galaxy USDCV2Galaxy Curation · Arc · $92.63M	$92.63M92.66M USDC	3.33%	3.18%	0%	$19.75M
Sentora Huma PST MainV2Sentora · Ethereum · $86.05M	$86.05M86.10M PYUSD	7.54%incl. 1.99% rewards	5.03%	15%	$1.72M
Steakhouse USDG ProV2Steakhouse Financial · Arbitrum · $80.23M	$80.23M80.24M USDG	7.11%incl. 4.50% rewards	2.72%	10%	$13.92M
Steakhouse Prime USDTV2Steakhouse Financial · Ethereum · $75.64M	$75.64M75.72M USDT	3.01%	3.94%	0%	$22.55M
Keyrock Prime USDCV2Keyrock · Arc · $75.21M	$75.21M75.23M USDC	2.09%	2.22%	0%+1.0% a year	$23.96M
Steakhouse USDTSteakhouse Financial · Ethereum · $74.43M	$74.43M74.51M USDT	2.86%	3.70%	5%	$45.07M
Steakhouse USDCSteakhouse Financial · Ethereum · $66.58M	$66.58M66.60M USDC	4.22%	4.69%	5%	$56.18M
Gauntlet USDG PremiumV2Gauntlet · Arbitrum · $57.06M	$57.06M57.07M USDG	7.11%incl. 4.50% rewards	2.75%	10%	$40.0K
sky.money USDT SavingsV2Sky Money · Ethereum · $54.01M	$54.01M54.07M USDT	4.36%incl. 0.72% rewards	2.85%	0%	$5.03M
Grove x Steakhouse USDCV2Steakhouse Financial · Ethereum · $51.74M	$51.74M51.75M USDC	4.43%	4.86%	0%	$1.95M
Spark Blue Chip USDT VaultV2SparkDAO · Ethereum · $47.86M	$47.86M47.91M USDT	2.70%	3.56%	10%	$22.55M
Wintermute USDC SelectV2Armitage by Wintermute · Ethereum · $45.20M	$45.20M45.21M USDC	5.61%	6.02%	0%	$17.97M
Steakhouse High Yield USDCV2Steakhouse Financial · Ethereum · $42.73M	$42.73M42.74M USDC	5.84%	6.62%	5%	$4.45M
Clearstar cbAssets VaultV2Clearstar · Base · $35.33M	$35.33M35.34M USDC	6.06%incl. 1.40% rewards	4.95%	10%	$4.06M
Hyperithm USDC ApexV2Hyperithm · Monad · $35.32M	$35.32M35.33M USDC	8.11%incl. 0.78% rewards	7.71%	5%	$3.00
RockawayX USDC YieldV2RockawayX · Ethereum · $34.60M	$34.60M34.60M USDC	8.15%incl. 0.72% rewards	7.95%	5%	$15.41M
KPK USDC PrimeV2KPK · Ethereum · $30.75M	$30.75M30.75M USDC	4.60%	4.97%	0%	$13.84M
Flowdesk Confidential High Yield USDTV2Flowdesk · Ethereum · $28.17M	$28.17M28.20M USDT	9.91%incl. 2.61% rewards	5.43%	10%	$627K
sky.money USDS FlagshipV2Sky Money · Ethereum · $27.63M	$27.63M27.64M USDS	5.57%incl. 4.26% rewards	0.81%	0%	$20.78M
Steakhouse High Yield USDCV2Steakhouse Financial · Base · $25.51M	$25.51M25.51M USDC	5.10%	6.05%	5%	$9.53M
Gauntlet USDC FrontierV2Gauntlet · Ethereum · $23.35M	$23.35M23.36M USDC	5.60%	6.12%	0%	$6.24M
Steakhouse Confidential Prime USDCV2Steakhouse Financial · Ethereum · $22.75M	$22.75M22.76M USDC	6.02%	6.23%	0%	$16.64M
(Deprecated) Sentora pathUSDV2Sentora · Tempo · $22.53M	$22.53M22.66M pathUSD	0.00%	<0.01%	0%	$22.53M
Gauntlet USDC PrimeGauntlet · Ethereum · $21.37M	$21.37M21.38M USDC	4.17%	4.61%	5%	$21.37M
StableEarnV2Gauntlet · Stable · $20.22M	$20.22M20.24M USDT0	6.24%	6.19%	0%	$3.80M
Smokehouse USDTSteakhouse Financial · Ethereum · $20.20M	$20.20M20.22M USDT	6.09%	4.61%	10%	$14.44M
Pendle Ecosystem USDCV2Armitage by Wintermute · Ethereum · $19.12M	$19.12M19.12M USDC	6.00%incl. 0.79% rewards	5.42%	5%	$5.67M
RockawayX Confidential RWA USDCV2RockawayX · Ethereum · $18.18M	$18.18M18.19M USDC	7.57%	7.88%	10%	$15.41M
KPK USDC YieldV2KPK · Ethereum · $17.33M	$17.33M17.34M USDC	6.44%	6.55%	0%	$899K
Pendle Ecosystem High Yield USDCV2Armitage by Wintermute · Ethereum · $17.00M	$17.00M17.01M USDC	8.05%incl. 0.45% rewards	7.28%	10%	$9.28M
Metronome msUSD VaultGauntlet · Ethereum · $16.97M	$16.97M20.95M msUSD	<0.01%	0.11%	10%	$16.44M
Saturn USDCV2Hyperithm · Monad · $15.86M	$15.86M15.87M USDC	7.42%incl. 0.91% rewards	7.60%	8%	$109
3F x Steakhouse USDCV2Steakhouse Financial · Ethereum · $15.61M	$15.61M15.61M USDC	4.84%	5.02%	0%	$4.45M
StableEarn Prime PYUSDV2Galaxy Curation · Stable · $15.32M	$15.32M15.33M PYUSD	9.00%incl. 6.84% rewards	–	0%	$5.00M
Felix USDC V2V2Felix · HyperEVM · $15.15M	$15.15M15.15M USDC	7.62%incl. 3.19% rewards	5.39%	10%	$1.65M
August USDC V2V2August Digital · Monad · $14.90M	$14.90M14.90M USDC	8.28%incl. 0.82% rewards	7.58%	0%+0.2% a year	$1.47M
3Jane Ecosystem VaultV2Clearstar · Ethereum · $14.17M	$14.17M14.17M USDC	8.93%	6.84%	15%	$1.71M
RockawayX Tori EcosystemV2RockawayX · Ethereum · $14.11M	$14.11M14.11M USDC	10.32%	8.06%	10%	$999K
Huma USDC MainV2RockawayX · Ethereum · $13.77M	$13.77M13.77M USDC	6.50%	7.04%	0%	$2.11M
Waterline Reservoir USDCV2Waterline · Ethereum · $11.91M	$11.91M11.91M USDC	7.06%incl. 0.89% rewards	6.27%	5%	$836K
Steakhouse Prime USDCSteakhouse Financial · Base · $11.53M	$11.53M11.54M USDC	4.27%	4.95%	5%	$11.53M
RockawayX f(x) Protocol Ecosystem USDCV2RockawayX · Ethereum · $11.24M	$11.24M11.24M USDC	9.16%incl. 4.54% rewards	3.09%	10%	$2.16M
Hakutora USDCHakutora · Ethereum · $11.05M	$11.05M11.05M USDC	3.75%	4.11%	15%	$11.05M
RockawayX USPC ecosystem vaultV2RockawayX · Ethereum · $10.96M	$10.96M10.97M USDC	5.60%incl. 1.52% rewards	4.21%	10%	$1.92M
Galaxy USDT QualityV2Galaxy Curation · Ethereum · $10.87M	$10.87M10.88M USDT	3.01%	3.96%	0%	$4.39M
Uniswap USDCV2Gauntlet · Ethereum · $10.84M	$10.84M10.84M USDC	4.43%	4.86%	0%	$6.13M
Smokehouse USDCSteakhouse Financial · Ethereum · $10.74M	$10.74M10.74M USDC	5.46%	6.20%	10%	$10.74M
Galaxy USDC QualityV2Galaxy Curation · Ethereum · $10.20M	$10.20M10.20M USDC	4.43%	4.87%	0%	$2.66M
Yearn OG USDCYearn · Ethereum · $10.03M	$10.03M10.03M USDC	9.08%	6.92%	5%	$5.14M
Osero x Gauntlet USDC PrimeV2Gauntlet · Ethereum · $10.02M	$10.02M10.02M USDC	4.39%	4.87%	0%	$8.51M
Wintermute USDT SelectV2Armitage by Wintermute · Ethereum · $9.98M	$9.98M9.99M USDT	7.75%	5.97%	0%	$1.98M
Galaxy USDC EnhancedV2Galaxy Curation · Ethereum · $9.44M	$9.44M9.44M USDC	5.19%	5.76%	0%+0.4% a year	$3.36M
Vault Bridge USDCSteakhouse Financial · Ethereum · $9.43M	$9.43M9.43M USDC	4.21%	4.61%	5%	$9.43M
Api3 dCOMP USDCV2Api3 · Ethereum · $8.69M	$8.69M8.69M USDC	11.78%	16.21%	5%	$368
M1 USDCV2Waterline · Ethereum · $8.62M	$8.62M8.62M USDC	7.73%	7.47%	5%	$860K
Re Ecosystem VaultV2Clearstar · Ethereum · $8.44M	$8.44M8.44M USDC	6.78%	7.20%	10%	$5.85M
Keyrock USDCV2Keyrock · Ethereum · $8.30M	$8.30M8.30M USDC	6.80%incl. 0.19% rewards	6.66%	5%	$2.11M
Gauntlet USDT FrontierGauntlet · Ethereum · $8.13M	$8.13M8.14M USDT	2.85%	3.69%	5%	$7.51M
SwissBorg Morpho USDC⚠ Name flagged by MorphoGauntlet · Ethereum · $8.08M	$8.08M8.08M USDC	3.99%	4.37%	5%	$8.08M
Hyperithm USDC ApexV2Hyperithm · Ethereum · $7.50M	$7.50M7.50M USDC	6.28%	6.56%	10%	$5.0K
Pangolins USDCPangolins · Base · $6.90M	$6.90M6.90M USDC	4.04%	4.67%	10%	$6.90M
Gauntlet USDC RWAGauntlet · Ethereum · $6.71M	$6.71M6.72M USDC	5.71%	5.19%	0%	$1.77M
Yearn USDCYearn · Ethereum · $6.22M	$6.22M6.22M USDC	4.43%	4.85%	0%	$6.22M
SharpByte AUSD Tori EcosystemV2SharpByte · Monad · $6.21M	$6.21M6.21M AUSD	7.02%incl. 2.45% rewards	6.68%	10%	$2.67M
Y10k AUSD VaultV2RockawayX, Y10k Capital · Monad · $5.80M	$5.80M5.81M AUSD	6.15%incl. 1.48% rewards	5.20%	10%	$56.8K
August USPCV2August Digital · Monad · $5.76M	$5.76M5.76M USDC	6.47%incl. 1.27% rewards	4.20%	0%	$534K
sky.money USDC Risk CapitalV2Sky Money · Ethereum · $5.47M	$5.47M5.47M USDC	8.26%	4.42%	0%	$452K
Steakhouse Prime USDCV2Steakhouse Financial · Arc · $5.29M	$5.29M5.29M USDC	3.44%	3.23%	0%	$5.29M
KPK USDC YieldV2KPK · Base · $5.20M	$5.20M5.20M USDC	6.61%incl. 0.65% rewards	6.47%	0%	$910K
Hakutora USDTHakutora · Ethereum · $5.17M	$5.17M5.18M USDT	2.54%	3.30%	15%	$5.17M
Gauntlet USDC FrontierV2Gauntlet · Base · $4.87M	$4.87M4.87M USDC	5.50%	6.06%	0%	$2.92M
Bitwise Premium RWA AUSDV2Bitwise · Ethereum · $4.85M	$4.85M4.85M AUSD	4.36%	4.27%	0%+0.4% a year	$443K
RockawayX infiniFi AUSDV2RockawayX · Monad · $4.64M	$4.64M4.64M AUSD	6.99%incl. 1.35% rewards	5.04%	5%	$319K
Gauntlet USDC RWAV2Gauntlet · Ethereum · $4.60M	$4.60M4.60M USDC	6.25%	6.95%	0%	$1.89M
Wintermute USDC PrimeV2Armitage by Wintermute · Ethereum · $4.11M	$4.11M4.11M USDC	4.43%	4.85%	0%	$3.03M
Presto USDC ForteV2Presto · Ethereum · $4.05M	$4.05M4.05M USDC	4.38%	5.07%	15%	$4.05M
Noon Ecosystem VaultV2Clearstar · Base · $3.94M	$3.94M3.94M USDC	8.76%incl. 4.33% rewards	4.91%	15%	$407K
Clearstar USDC CoreV2Clearstar · Ethereum · $3.83M	$3.83M3.83M USDC	7.08%incl. 1.00% rewards	6.93%	10%	$1.24M
К3 cbMaxxxing USDCV2K3 Capital · Base · $3.71M	$3.71M3.71M USDC	4.73%	5.87%	5%	$2.75M
Gauntlet USDC CoreGauntlet · Ethereum · $3.55M	$3.55M3.55M USDC	5.51%	5.11%	5%	$2.56M
Apyx apxUSDV2Hyperithm · Ethereum · $3.48M	$3.48M3.51M apxUSD	8.54%	10.98%	8%	$0
SoSoValue x Unified Labs USDCV2Unified Labs · Base · $3.47M	$3.47M3.47M USDC	4.50%	5.21%	0%	$3.47M
Felix USDT0 V2V2Felix · HyperEVM · $3.43M	$3.43M3.43M USD₮0	6.33%	6.90%	10%	$598K
Apyx USDCV2Hyperithm · Ethereum · $3.35M	$3.35M3.35M USDC	8.94%	4.92%	8%	$0
YO Ecosystem VaultV2KPK · Ethereum · $3.31M	$3.31M3.31M USDC	9.00%incl. 8.46% rewards	0.46%	5%	$813K
RockawayX Liminal USDCV2RockawayX · HyperEVM · $3.00M	$3.00M3.00M USDC	5.17%	–	10%	$534K
Yearn OG USDCV2Yearn · Katana · $2.87M	$2.87M2.88M vbUSDC	2.38%	3.11%	10%	$653K
Clearstar Accountable AUSDV2Clearstar · Monad · $2.82M	$2.82M2.83M AUSD	6.44%	7.02%	5%	$222K
Uniswap USDTV2Gauntlet · Ethereum · $2.82M	$2.82M2.82M USDT	3.28%	3.94%	0%	$1.23M
Felix USDCFelix · HyperEVM · $2.72M	$2.72M2.72M USDC	4.52%	5.33%	10%	$2.58M
Yearn OG USDCV2Yearn · Ethereum · $2.67M	$2.67M2.67M USDC	10.17%	6.80%	10%	$1.55M
Gauntlet USDT PrimeGauntlet · Ethereum · $2.50M	$2.50M2.51M USDT	2.92%	3.70%	5%	$2.50M
Flowdesk AUSD RWA StrategyV2Flowdesk · Ethereum · $2.46M	$2.46M2.46M AUSD	5.30%	7.16%	7.5%	$368K
Vault Bridge USDTGauntlet · Ethereum · $2.44M	$2.44M2.45M USDT	2.89%	3.70%	5%	$2.44M
Moonwell Flagship USDCAnthias Labs · Base · $2.40M	$2.40M2.40M USDC	3.95%incl. 0.13% rewards	4.41%	15%	$2.40M
Bitso USDC PrimeV2Gauntlet · Base · $2.35M	$2.35M2.36M USDC	4.27%	4.97%	5%	$1.52M
Wintermute USDT PrimeV2Armitage by Wintermute · Ethereum · $2.15M	$2.15M2.15M USDT	3.03%	3.97%	0%	$1.51M
Felix USDT0Felix · HyperEVM · $2.14M	$2.14M2.14M USD₮0	6.21%	6.81%	10%	$974K
Steakhouse High Yield USDTV2Steakhouse Financial · Ethereum · $2.09M	$2.09M2.09M USDT	6.90%	4.70%	5%	$908K
Yearn OG USDCYearn · Base · $2.06M	$2.06M2.06M USDC	5.07%	5.44%	10%	$2.06M
Gauntlet DAI CoreGauntlet · Ethereum · $2.04M	$2.04M2.04M DAI	9.84%	6.97%	10%	$178K
Galaxy USDC QualityV2Galaxy Curation · Base · $2.04M	$2.04M2.04M USDC	4.50%	5.22%	0%	$2.04M
Yearn Degen USDCV2Yearn · Katana · $1.93M	$1.93M1.93M vbUSDC	8.00%incl. 5.97% rewards	2.10%	10%	$653K
Gauntlet USDC CoreGauntlet · Base · $1.87M	$1.87M1.88M USDC	4.13%	4.71%	10%	$1.74M
SharpByte USDC High YieldV2SharpByte · Monad · $1.85M	$1.85M1.85M USDC	8.31%incl. 1.89% rewards	7.36%	10%	$1.80M
Usual Boosted USDCMEV Capital · Ethereum · $1.80M	$1.80M1.80M USDC	5.83%	6.40%	10%	$1.78M
Steakhouse Prime USDCSteakhouse Financial · Katana · $1.77M	$1.77M1.77M vbUSDC	2.18%	2.60%	10%	$653K
Kabu USDCV2Api3 · Ethereum · $1.57M	$1.57M1.57M USDC	7.97%incl. 2.41% rewards	6.65%	5%	$542K
KPK USDC Prime CoreV2KPK · Ethereum · $1.41M	$1.41M1.41M USDC	4.43%	4.86%	0%	$1.07M
Gauntlet USDCGauntlet · HyperEVM · $1.38M	$1.38M1.38M USDC	4.26%	5.33%	10%	$1.27M
Steakhouse High Yield USDCSteakhouse Financial · Arbitrum · $1.32M	$1.32M1.32M USDC	6.14%	3.08%	10%	$242K
Cronos USDCSteakhouse Financial · Ethereum · $1.27M	$1.27M1.27M USDC	4.44%	4.85%	0%	$1.27M
ARCHITECT Global ValueV2Architect · Base · $1.26M	$1.26M1.26M USDC	4.27%	4.97%	0%	$1.26M
Re7 USDCV2RE7 Labs · Base · $1.25M	$1.25M1.25M USDC	4.27%	3.83%	5%	$1.25M
Yearn OG USDTV2Yearn · Katana · $1.22M	$1.22M1.22M vbUSDT	2.50%	2.48%	10%	$51.4K
Hyperithm USDC ApexHyperithm · Ethereum · $1.21M	$1.21M1.21M USDC	6.76%	6.97%	10%	$408K
K3 USDCV2K3 Capital · HyperEVM · $1.18M	$1.18M1.18M USDC	4.66%	5.56%	5%	$1.04M
Bitget x Steakhouse USDTV2Steakhouse Financial · Arbitrum · $1.12M	$1.12M1.12M USDT0	5.07%	2.40%	10%	$60.7K
Gauntlet USDT FrontierV2Gauntlet · Ethereum · $1.09M	$1.09M1.09M USDT	3.50%	4.61%	0%	$309K
Waterline InfiniFi USDCV2Waterline · Ethereum · $1.04M	$1.04M1.04M USDC	6.48%	7.32%	5%	$981K
Clearstar USDC ReactorClearstar · Ethereum · $1.02M	$1.02M1.02M USDC	6.98%	7.79%	18%	$165K
sky.money USDS Risk CapitalV2Sky Money · Ethereum · $1.00M	$1.00M1.00M USDS	3.81%	3.78%	0%	$99.8K
Steakhouse Prime USDCV2Steakhouse Financial · Katana · $959K	$959K959.28K vbUSDC	2.18%	2.56%	10%	$653K
Steakhouse High Yield USDC v1.1Steakhouse Financial · Base · $942K	$942K942.18K USDC	4.24%	5.82%	0%	$942K
9Summits Piku Ecosystem USDCV29Summits · Ethereum · $908K	$908K907.91K USDC	12.32%	12.20%	10%	$307K
Sentora mWIN MainV2Sentora · Ethereum · $902K	$902K902.43K PYUSD	2.04%	3.43%	15%	$183K
KPK USDC Yield RWAV2KPK · Ethereum · $847K	$847K847.29K USDC	7.47%	6.23%	0%	$281K
Steakhouse High Yield InstantV2Steakhouse Financial · Ethereum · $775K	$775K776.09K AUSD	4.04%	2.58%	0%	$182K
Bitget x Steakhouse USDCV2Steakhouse Financial · Arbitrum · $763K	$763K762.86K USDC	5.57%	2.90%	10%	$76.0K
Steakhouse Ethena USDtbSteakhouse Financial · Ethereum · $750K	$750K750.35K USDtb	22.02%	8.07%	5%	$36.7K
Clearstar Core USDCV2Clearstar · Katana · $740K	$740K740.49K vbUSDC	8.00%incl. 4.77% rewards	3.67%	0%	$8.9K
Steakhouse High Yield USDCV2Steakhouse Financial · Katana · $719K	$719K719.70K vbUSDC	2.18%	2.56%	10%	$653K
Yield Clearstar USDCClearstar · Base · $676K	$676K676.61K USDC	4.21%	4.83%	25%	$662K
Stake DAO frxUSD High YieldV2CrossWorlds (by Stake DAO) · Ethereum · $655K	$655K654.91K frxUSD	2.63%incl. 1.22% rewards	1.93%	5%	$107K
KPK USDT PrimeV2KPK · Ethereum · $615K	$615K616.05K USDT	3.42%	4.39%	0%	$182K
RockawayX Midas USDC PrimeV2RockawayX · Base · $603K	$603K602.74K USDC	4.50%	5.22%	0%	$217K
SharpByte AUSD mROXV2SharpByte · Monad · $503K	$503K503.43K AUSD	1.50%incl. 1.50% rewards	5.49%	0%	$503K
Galaxy USDG RH Stock TokensV2Galaxy Curation · Robinhood Chain · $503K	$503K502.91K USDG	0.50%	0.44%	0%+0.0% a year	$240K
Waterline Reservoir USDC⚠ Deposits switched offWaterline · Ethereum · $498K	$498K498.60K USDC	4.78%	7.54%	5%	$498K
Gauntlet USDC PrimeGauntlet · Arbitrum · $487K	$487K486.92K USDC	5.90%	2.93%	10%	$234K
Stake DAO USDC High YieldV2CrossWorlds (by Stake DAO) · Ethereum · $470K	$470K470.53K USDC	5.17%	6.36%	10%	$470K
Compound USDC⚠ Deposits switched offGauntlet · Polygon · $457K	$457K456.63K USDC	6.57%	8.79%	10%	$138K
Gauntlet USDC PrimeGauntlet · OP Mainnet · $454K	$454K453.96K USDC	6.68%	5.30%	20%	$54.4K
Re Ecosystem VaultV2Re · Monad · $418K	$418K417.91K USDC	9.92%	5.82%	10%	$89.8K
Frax Ecosystem AcceleratorV2CrossWorlds (by Stake DAO) · Ethereum · $410K	$410K410.10K frxUSD	14.36%incl. 13.45% rewards	–	10%	$501
Flowmark fGenesisV2Flowmark · Ethereum · $404K	$404K404.51K USDC	7.00%	7.49%	0%	$20.5K
Gauntlet USDC CoreGauntlet · Arbitrum · $373K	$373K373.20K USDC	5.78%	2.92%	10%	$198K
Api3 Core USDCV2Api3 · Ethereum · $367K	$367K367.38K USDC	6.11%	7.95%	5%	$1.00
Gauntlet USDT PrimeV2Gauntlet · Ethereum · $360K	$360K360.33K USDT	3.02%	3.95%	0%	$254K
UltraYield USDCUltraYield · Base · $350K	$350K349.62K USDC	7.00%	8.65%	0%	$161K
Yearn OG USDC V2V2Yearn · Base · $348K	$348K348.47K USDC	5.13%	5.85%	10%	$295K
Gauntlet eUSD Core⚠ Deposits switched offGauntlet · Ethereum · $347K	$347K349.02K eUSD	4.12%	5.05%	10%	$47.8K
Birch Hill Groma Ecosystem USDCV2Birch Hill · Base · $341K	$341K341.21K USDC	4.98%	5.56%	10%	$68.00
Steakhouse Prime InstantV2Steakhouse Financial · Ethereum · $335K	$335K334.79K PYUSD	5.71%	6.11%	0%	$25.5K
SingularV USDCV2SingularV · Ethereum · $330K	$330K330.32K USDC	4.12%	4.46%	5%	$190K
Hyperithm USDC ApexHyperithm · Arbitrum · $326K	$326K325.65K USDC	5.97%	3.22%	10%	$168K
Presto USDC PrimeV2Presto · Ethereum · $304K	$304K303.81K USDC	4.44%	4.87%	0%	$304K
Tenbin USDCV2Waterline · Ethereum · $301K	$301K301.45K USDC	1.40%	1.24%	5%	$46.4K
RockawayX NUVA EcosystemV2RockawayX · Ethereum · $300K	$300K299.95K USDC	4.39%	4.80%	0%	$35.8K
Clearstar USDC ReactorClearstar · Base · $279K	$279K279.13K USDC	5.90%	6.45%	18%	$50.0K
August USDC V2V2August Digital · Ethereum · $256K	$256K255.61K USDC	4.43%	4.12%	0%+0.2% a year	$54.3K
sky.money USDT Risk CapitalV2Sky Money · Ethereum · $238K	$238K238.00K USDT	1.66%	1.67%	0%	$27.0K
Clearstar Core USDCV2Clearstar · Arc · $217K	$217K216.59K USDC	12.95%	–	5%	$107K
Smokehouse DAI⚠ Deposits switched offSteakhouse Financial · Ethereum · $209K	$209K208.98K DAI	0.00%	0.00%	5%	$209K
Gauntlet USDC BalancedV2Gauntlet · Arc · $209K	$209K208.93K USDC	12.61%	6.22%	0%	$209
Yearn Stonk USDGV2Yearn · Robinhood Chain · $208K	$208K207.82K USDG	4.53%	2.60%	10%	$205K
Clearstar Base RWAV2Clearstar · Base · $196K	$196K195.63K USDC	4.60%	5.54%	0%	$194K
Gauntlet USDT0 Vault⚠ Deposits switched offGauntlet · HyperEVM · $185K	$185K185.33K USD₮0	6.35%	6.90%	10%	$185K
Felix USDT0 (Frontier)Felix · HyperEVM · $181K	$181K180.83K USD₮0	6.56%	6.92%	10%	$66.8K
Farcaster x Steakhouse PrimeV2Steakhouse Financial · Base · $174K	$174K173.84K USDC	4.50%	5.23%	0%	$162K
Gauntlet USDC BalancedV2Gauntlet · Arbitrum · $166K	$166K165.98K USDC	6.55%	3.43%	0%	$71.5K
Gauntlet USDC PrimeV2Gauntlet · Arbitrum · $164K	$164K163.68K USDC	6.51%	3.26%	0%	$97.7K
Steakhouse High Yield USDCV2Steakhouse Financial · Arc · $163K	$163K163.38K USDC	13.68%	–	0%	$107K
Compound USDT⚠ Deposits switched offGauntlet · Polygon · $162K	$162K162.50K USDT0	1.35%	1.43%	10%	$117K
Steakhouse High Yield USDCV2Steakhouse Financial · Monad · $145K	$145K145.11K USDC	4.24%	3.39%	10%	$57.3K
Saturn USDCV2Hyperithm · Ethereum · $144K	$144K144.25K USDC	5.65%	7.02%	8%	$0
MEV CAPITAL USDCV2MEV Capital · Ethereum · $134K	$134K134.23K USDC	7.76%	8.16%	8%	$0
Felix USDe V2V2Felix · HyperEVM · $126K	$126K126.26K USDe	6.53%	7.48%	10%	$35.3K
Felix USDhlFelix · HyperEVM · $114K	$114K114.52K USDHL	0.00%	0.00%	10%	$114K
Hyperithm USDT CoreHyperithm · Ethereum · $113K	$113K113.50K USDT	2.70%	3.50%	10%	$113K
Gauntlet USDT⚠ Deposits switched offGauntlet · Katana · $108K	$108K107.78K vbUSDT	0.00%	0.00%	10%	$108K
UltraYield USDC CoreV2UltraYield · Ethereum · $107K	$107K106.61K USDC	0.00%	6.65%	0%	$0
Feather frxUSDV2Feather · Polygon · $105K	$105K105.09K frxUSD	33.62%incl. 6.78% rewards	23.20%	15%	$0
UltraYield USDT CoreV2UltraYield · Ethereum · $102K	$102K101.70K USDT	3.00%	3.12%	0%	$6.00
SharpByte USDT PrimeV2SharpByte · Ethereum · $100K	$100K100.29K USDT	3.00%	3.94%	0%	$100K
Gauntlet USDC PrimeV2Gauntlet · Arc · $97.8K	$97.8K97.82K USDC	6.87%	3.26%	0%	$95.00
Bitwise Premium RWA USDCV2Bitwise · Arc · $78.3K	$78.3K78.29K USDC	4.23%	4.05%	0%+0.4% a year	$3.5K
Frax USDai EcosystemV2RE7 Labs · Ethereum · $71.5K	$71.5K71.49K frxUSD	11.00%incl. 0.29% rewards	3.80%	10%	$3.1K
Purinta USDGV2Api3 · Robinhood Chain · $68.7K	$68.7K68.69K USDG	6.66%	5.84%	5%	$52.5K
Tempo EarnV2Gauntlet · Tempo · $64.0K	$64.0K64.41K pathUSD	0.80%	1.29%	0%	$1.00
Clearstar Core USDTV2Clearstar · Katana · $62.5K	$62.5K62.52K vbUSDT	3.97%	3.57%	0%	$10.00
Waterline infiniFi USDCWaterline · Ethereum · $60.4K	$60.4K60.42K USDC	0.00%	0.00%	5%	$60.4K
Steakhouse High Yield AUSDV2Steakhouse Financial · Monad · $56.2K	$56.2K56.29K AUSD	4.49%	4.28%	10%	$6.3K
Clearstar Boring USDCV2Clearstar · Ethereum · $50.2K	$50.2K50.23K USDC	4.43%	4.86%	0%	$50.2K
Grove x Steakhouse High Yield AUSDSteakhouse Financial · Monad · $45.4K	$45.4K45.39K AUSD	5.01%	4.69%	0%	$16.7K
Gauntlet USDC Frontier⚠ Deposits switched offGauntlet · Base · $41.0K	$41.0K41.03K USDC	5.07%	5.53%	10%	$41.0K
Gauntlet USDC⚠ Deposits switched offGauntlet · Unichain · $33.8K	$33.8K33.77K USDC	1.05%	2.72%	10%	$32.9K
Grove x Steakhouse AUSDV2Steakhouse Financial · Ethereum · $30.9K	$30.9K30.88K AUSD	3.80%	1.47%	0%	$2.4K
Gauntlet USDCV2Gauntlet · HyperEVM · $29.1K	$29.1K29.16K USDC	4.28%	5.37%	10%	$29.1K
Purinta USDCV2Api3 · Ethereum · $24.2K	$24.2K24.20K USDC	13.07%	11.93%	5%	$0
Flagship USDT⚠ Deposits switched offNo curator named · Ethereum · $12.9K	$12.9K12.91K USDT	0.00%	0.00%	0%	$12.9K
Spark Blue Chip USDC VaultSparkDAO · Ethereum · $2.6K	$2.6K2.62K USDC	4.39%	4.81%	1%	$2.6K
RockawayX Midas USDC PrimeV2RockawayX · Ethereum · $2.4K	$2.4K2.43K USDC	4.43%	4.66%	0%	$0
Steakhouse High Yield USDT0⚠ Deposits switched offSteakhouse Financial · Polygon · $2.0K	$2.0K2.05K USDT0	0.00%	0.00%	0%	$2.0K
Bitwise Liquid Prime USDCV2Bitwise · Base · $1.8K	$1.8K1.78K USDC	4.50%	4.50%	0%	$0
Gauntlet USDC⚠ Deposits switched offGauntlet · Katana · $1.8K	$1.8K1.77K vbUSDC	0.00%	0.00%	10%	$1.8K
Steakhouse High Yield USD1V2Steakhouse Financial · Monad · $1.3K	$1.3K1.27K USD1	0.00%	0.00%	10%	$1.3K
Keyrock RLUSDV2Keyrock · Ethereum · $736	$736736.16 RLUSD	<0.01%	<0.01%	10%	$736
Keyrock Prime USDTV2Keyrock · Ethereum · $250	$250250.72 USDT	0.52%	0.69%	10%	$201
Dialectic AUSD RWAV2Dialectic Meccanico · Ethereum · $182	$182182.14 AUSD	<0.01%	<0.01%	10%	$53.00
Yearn OG USDT⚠ Deposits switched offYearn · Katana · $131	$131131.25 vbUSDT	0.00%	1.97%	10%	$131
Unified Labs USDC RWAV2Unified Labs · Monad · $87.00	$87.0087.38 USDC	<0.01%	3.23%	0%	$10.00
Clearstar Tokenized Stocks USDCV2Clearstar · Base · $31.00	$31.0031.45 USDC	5.14%	5.66%	0%	$30.00
RockawayX USDC PrimeV2RockawayX · Ethereum · $22.00	$22.0022.33 USDC	4.44%	4.87%	0%	$22.00
Dialectic RWA USDCV2Dialectic Meccanico · Arc · $16.00	$16.0016.02 USDC	3.18%	3.03%	10%	$15.00
Touchstone USDTV2Touchstone · Ethereum · $15.00	$15.0015.41 USDT	0.11%	3.83%	0%	$14.00
Pangolins USDCV2Pangolins · Arc · $13.00	$13.0012.77 USDC	3.44%	2.72%	0%	$13.00
Figure USDC MainV2RockawayX · Ethereum · $11.00	$11.0011.41 USDC	4.44%	4.82%	0%	$11.00
MEV Capital USDGV2MEV Capital · Robinhood Chain · $8.00	$8.008.36 USDG	4.14%	4.32%	0%	$2.00
Dialectic USDT0V2Dialectic Meccanico · OP Mainnet · $8.00	$8.008.00 USD₮0	-0.78%	-0.77%	0%+1.0% a year	$7.00
Unified Labs Prime USDCV2Unified Labs · Ethereum · $2.00	$2.002.03 USDC	4.43%	4.86%	0%	$2.00
Flowmark USDC TurboV2Flowmark · Arc · $1.00	$1.001.23 USDC	0.67%	0.63%	0%	$1.00
Unified Labs Regulated USDCV2Unified Labs · Ethereum · $1.00	$1.001.05 USDC	171.83%	28.09%	0%	$6.00
Hyperithm USDT CoreV2Hyperithm · Stable · $1.00	$1.001.02 USDT0	0.00%	0.00%	0%	$1.00
Osero x Gauntlet USDC PrimeV2Gauntlet · Base · $1.00	$1.001.02 USDC	4.49%	–	0%	$0
Grove x Steakhouse USDGV2Steakhouse Financial · Ethereum · $1.00	$1.001.01 USDG	0.00%	0.00%	0%	$1.00
Feather USDCV2Feather · Ethereum · $1.00	$1.001.01 USDC	2.63%	2.55%	15%	$0
Grove x Steakhouse USDGV2Steakhouse Financial · Ethereum · $1.00	$1.001.01 USDG	0.12%	0.12%	0%	$1.00
Re Enhanced VaultV2Re · Ethereum · $1.00	$1.001.00 USDC	4.98%	–	10%	$1.00
Clearstar Core USDGV2Clearstar · Arbitrum · $1.00	$1.001.00 USDG	2.76%	–	5%	$1.00
Steakhouse USDC ReservedV2Steakhouse Financial · Monad · $1.00	$1.001.00 USDC	0.00%	0.00%	0%	$1.00
Steakhouse mUSD ReservedV2Steakhouse Financial · Monad · $1.00	$1.001.00 mUSD	0.00%	0.00%	0%	$1.00
Grove x Steakhouse RLUSDV2Steakhouse Financial · Ethereum · $0	$00.0101 RLUSD	3.29%	2.72%	0%	$0
Nothing matches that filter.

All stablecoin markets

Markets that lend out a stablecoin, largest first.

Stablecoin markets on Morpho
Market	Supplied	Supply APY	Borrowed	Borrow APY	Utilization
cbBTC / USDCBase · LLTV 86%	$1.90B1.90B USDC	4.50%	$1.61B$2.91B collateral	5.32%	84.9%
USDe / USDGRobinhood Chain · LLTV 91.5%	$354.4M354.43M USDG	5.06%	$321.7M$361.3M collateral	5.59%	90.8%
USDe / USDCBase · LLTV 91.5%	$354.2M354.27M USDC	4.19%	$317.4M$354.9M collateral	4.69%	89.6%
cbBTC / USDCEthereum · LLTV 86%	$350.6M350.71M USDC	4.43%	$303.7M$613.4M collateral	5.13%	86.6%
kBTC / RLUSDEthereum · LLTV 86%	$255.2M255.20M RLUSD	3.33%	$228.9M$315.1M collateral	3.71%	89.7%
cirBTC / USDCArc · LLTV 86%	$188.5M188.57M USDC	3.44%	$171.5M$275.0M collateral	3.78%−0.14% rewards	91.0%
PRIME / PYUSDEthereum · LLTV 86%	$186.2M186.31M PYUSD	6.07%	$169.0M$235.2M collateral	6.70%	90.8%
PT-reUSD-10DEC2026 / USDCEthereum · LLTV 91.5%	$151.4M151.44M USDC	8.46%	$136.0M$167.7M collateral	9.46%	89.8%
WBTC / USDCEthereum · LLTV 86%	$142.3M142.32M USDC	4.44%	$123.0M$226.9M collateral	5.15%	86.4%
syrupUSDG / USDGArbitrum · LLTV 91.5%	$136.2M136.21M USDG	2.91%	$122.3M$137.5M collateral	3.25%	89.8%
wstETH / USDTEthereum · LLTV 86%	$127.3M127.44M USDT	3.00%	$104.8M$290.2M collateral	3.66%	82.3%
sUSDe / PYUSDEthereum · LLTV 91.5%	$115.1M115.12M PYUSD	3.66%	$101.5M$117.1M collateral	4.16%	88.2%
WETH / USDCBase · LLTV 86%	$106.9M106.91M USDC	4.50%	$90.66M$167.1M collateral	5.33%	84.8%
kBTC / PYUSDEthereum · LLTV 86%	$105.6M105.65M PYUSD	3.59%	$94.14M$133.4M collateral	4.04%	89.2%
WBTC / USDTEthereum · LLTV 86%	$103.6M103.70M USDT	3.00%	$85.23M$148.9M collateral	3.66%	82.3%
syrupUSDG / USDGRobinhood Chain · LLTV 91.5%	$92.85M92.85M USDG	3.86%	$83.60M$93.69M collateral	4.29%	90.0%
mGLO / USDCBase · LLTV 91.5%	$90.59M90.61M USDC	4.99%	$81.59M$95.36M collateral	5.56%	90.1%
PST / PYUSDEthereum · LLTV 86%	$84.33M84.38M PYUSD	6.70%	$76.18M$113.1M collateral	7.44%	90.3%
weETH / RLUSDEthereum · LLTV 86%	$83.16M83.18M RLUSD	3.44%	$70.54M$106.0M collateral	4.07%	84.8%
syrupUSDC / PYUSDEthereum · LLTV 91.5%	$65.19M65.23M PYUSD	4.04%	$58.68M$65.81M collateral	4.50%	90.0%
cbXRP / USDCBase · LLTV 62.5%	$63.44M63.45M USDC	5.65%	$53.91M$123.7M collateral	6.68%	85.0%
sUSDS / USDTEthereum · LLTV 96.5%	$55.76M55.82M USDT	3.65%	$50.73M$56.35M collateral	4.02%	91.0%
weETH / USDCEthereum · LLTV 86%	$41.04M41.05M USDC	4.44%	$34.55M$53.27M collateral	5.29%	84.2%
USDe / RLUSDEthereum · LLTV 91.5%	$40.45M40.46M RLUSD	3.45%	$35.06M$55.68M collateral	3.99%	86.7%
mGLO / USDGRobinhood Chain · LLTV 91.5%	$37.90M37.90M USDG	4.96%	$34.26M$39.63M collateral	5.50%	90.4%
WBTC / RLUSDEthereum · LLTV 86%	$35.95M35.96M RLUSD	3.65%	$32.87M$47.68M collateral	4.00%	91.4%
wstETH / USDCEthereum · LLTV 86%	$32.95M32.96M USDC	4.44%	$28.52M$58.91M collateral	5.14%	86.6%
aHYPER / USDCMonad · LLTV 77%	$31.02M31.03M USDC	7.84%+0.80% rewards	$27.53M$41.34M collateral	8.88%	88.8%
PT-USDat-14JAN2027 / USDCMonad · LLTV 91.5%	$30.87M30.88M USDC	7.10%+0.90% rewards	$26.70M$30.81M collateral	8.25%	86.5%
wFalconX / USDCEthereum · LLTV 91.5%	$30.67M30.68M USDC	5.17%	$26.22M$32.87M collateral	6.07%	85.5%
weETH / PYUSDEthereum · LLTV 86%	$28.40M28.42M PYUSD	4.30%	$24.65M$40.28M collateral	4.97%	86.8%
fxSAVE / USDCEthereum · LLTV 91.5%	$25.72M25.73M USDC	5.09%+4.55% rewards	$23.56M$29.33M collateral	5.56%	91.6%
PT-USD3-17DEC2026 / USDCEthereum · LLTV 86%	$22.52M22.52M USDC	14.77%	$20.80M$27.17M collateral	16.08%	92.4%
mF-ONE / USDCEthereum · LLTV 91.5%	$22.37M22.37M USDC	5.76%	$18.49M$26.35M collateral	7.01%	82.7%
USPC / USDCEthereum · LLTV 91.5%	$19.90M19.91M USDC	4.54%+1.52% rewards	$17.99M$21.48M collateral	5.04%	90.4%
cbETH / USDCBase · LLTV 77%	$18.47M18.47M USDC	4.50%	$15.60M$33.16M collateral	5.35%	84.5%
PST / USDCEthereum · LLTV 86%	$18.38M18.38M USDC	6.50%	$16.27M$20.58M collateral	7.38%	88.5%
mGLO / USDGRobinhood Chain · LLTV 91.5%	$17.76M17.76M USDG	4.95%	$16.00M$18.87M collateral	5.50%	90.1%
apyUSD / USDCEthereum · LLTV 86%	$17.32M17.32M USDC	9.80%	$16.06M$20.81M collateral	10.60%	92.8%
dCOMP / USDCEthereum · LLTV 62.5%	$16.73M16.74M USDC	12.43%	$14.13M$36.44M collateral	14.88%	84.5%
PT-USD3-17DEC2026 / USDCEthereum · LLTV 86%	$16.67M16.68M USDC	8.73%	$15.19M$20.04M collateral	9.63%	91.1%
sthUSD / USDT0Stable · LLTV 86%	$16.48M16.50M USDT0	7.74%	$14.83M$20.99M collateral	8.65%	90.0%
earnAUSD / USDCMonad · LLTV 91.5%	$14.90M14.90M USDC	7.73%	$13.43M$15.87M collateral	8.61%	90.1%
PT-USD3-17DEC2026 / USDTEthereum · LLTV 91.5%	$14.38M14.40M USDT	6.70%	$13.38M$16.04M collateral	7.22%	93.0%
PT-reUSD-10DEC2026 / USDTEthereum · LLTV 91.5%	$14.07M14.08M USDT	19.80%	$13.22M$16.13M collateral	21.21%	94.0%
steakEURCV / USDCEthereum · LLTV 91.5%	$13.02M13.02M USDC	4.54%	$11.31M$0 collateral	5.25%	86.9%
USD3 / USDCEthereum · LLTV 91.5%	$12.85M12.86M USDC	5.71%	$11.33M$12.91M collateral	6.50%	88.2%
strUSD / AUSDMonad · LLTV 86%	$12.80M12.81M AUSD	5.25%+1.50% rewards	$10.22M$12.82M collateral	6.61%−1.00% rewards	79.9%
wstETH / USDCEthereum · LLTV 86%	$12.42M12.42M USDC	3.47%	$9.35M$16.70M collateral	4.64%	75.3%
FXRP / RLUSDEthereum · LLTV 77%	$11.56M11.56M RLUSD	3.64%	$8.48M$14.42M collateral	5.00%	73.3%
strUSD / USDCEthereum · LLTV 86%	$11.07M11.07M USDC	11.18%	$10.07M$13.35M collateral	12.36%	91.0%
kHYPE / USDCHyperEVM · LLTV 77%	$10.68M10.68M USDC	5.05%	$9.03M$16.34M collateral	6.00%−0.60% rewards	84.6%
apyUSD / apxUSDEthereum · LLTV 86%	$10.56M10.65M apxUSD	9.06%	$9.36M$17.98M collateral	10.27%	88.7%
weETH / PYUSDStable · LLTV 86%	$10.32M10.32M PYUSD	3.22%	$9.28M$33.43M collateral	3.58%	90.0%
WHYPE / USDCHyperEVM · LLTV 77%	$9.89M9.89M USDC	5.06%	$8.37M$19.16M collateral	6.00%	84.7%
PT-sUSDS-26NOV2026 / USDCEthereum · LLTV 91.5%	$9.71M9.71M USDC	4.51%	$8.74M$10.66M collateral	5.02%	90.0%
cbBTC / USDTEthereum · LLTV 86%	$9.61M9.62M USDT	3.00%	$7.91M$14.71M collateral	3.66%	82.3%
OETH / USDCEthereum · LLTV 86%	$9.58M9.59M USDC	6.74%	$8.62M$16.92M collateral	7.51%−4.95% rewards	90.0%
WETH / USDCEthereum · LLTV 86%	$9.39M9.39M USDC	4.43%	$8.09M$15.26M collateral	5.16%	86.2%
PT-USDat-14JAN2027 / USDCEthereum · LLTV 91.5%	$9.22M9.23M USDC	6.16%	$8.12M$9.19M collateral	7.03%	88.0%
savUSD / USDCEthereum · LLTV 91.5%	$9.01M9.02M USDC	6.45%	$8.12M$9.89M collateral	7.19%	90.0%
mM1-USD / USDCEthereum · LLTV 86%	$8.68M8.69M USDC	8.15%	$7.82M$14.95M collateral	9.09%	90.1%
PT-USDat-14JAN2027 / USDTEthereum · LLTV 91.5%	$8.40M8.41M USDT	12.84%	$7.78M$8.94M collateral	13.94%	92.5%
kHYPE / USDCHyperEVM · LLTV 62.5%	$8.25M8.25M USDC	4.77%	$6.84M$27.75M collateral	5.78%	82.9%
reUSD / USDCEthereum · LLTV 91.5%	$8.06M8.06M USDC	5.55%	$7.06M$7.91M collateral	6.36%	87.6%
siUSD / USDCEthereum · LLTV 91.5%	$7.91M7.91M USDC	6.84%	$6.93M$9.47M collateral	7.85%	87.6%
sUSDai / USDTEthereum · LLTV 91.5%	$7.81M7.82M USDT	7.54%	$7.11M$8.83M collateral	8.31%	91.0%
SOL / USDCBase · LLTV 62.5%	$7.77M7.77M USDC	4.90%	$6.70M$16.02M collateral	5.71%	86.2%
spUSDG / USDGRobinhood Chain · LLTV 91.5%	$7.47M7.47M USDG	3.18%	$6.74M$7.40M collateral	3.54%	90.2%
wsrUSD / USDCEthereum · LLTV 94.5%	$6.96M6.96M USDC	5.04%	$6.12M$7.26M collateral	5.75%	88.0%
AA_FalconXUSDC / USDCEthereum · LLTV 77%	$6.90M6.90M USDC	6.65%	$6.27M$9.30M collateral	7.34%	90.9%
stUSDS / USDCEthereum · LLTV 86%	$6.45M6.45M USDC	8.24%	$6.00M$8.14M collateral	8.89%	93.0%
mGLO / USDCBase · LLTV 91.5%	$6.27M6.27M USDC	4.60%	$5.20M$6.41M collateral	5.58%	82.9%
PT-siUSD-7JAN2027 / USDCEthereum · LLTV 86%	$6.18M6.18M USDC	6.95%	$5.59M$7.56M collateral	7.72%	90.4%
aguaUSDCgc / USDCEthereum · LLTV 91.5%	$6.15M6.15M USDC	8.17%	$5.55M$6.27M collateral	9.09%	90.3%
WBTC / USDTEthereum · LLTV 86%	$6.05M6.06M USDT	3.00%	$4.98M$7.36M collateral	3.66%	82.2%
USPC / USDCMonad · LLTV 91.5%	$5.75M5.76M USDC	5.20%	$5.22M$6.01M collateral	5.75%	90.7%
vbWBTC / vbUSDCKatana · LLTV 86%	$5.23M5.24M vbUSDC	2.42%	$4.58M$6.57M collateral	2.77%	87.5%
wUSCC / USDCEthereum · LLTV 98%	$5.20M5.21M USDC	4.72%	$4.69M$5.09M collateral	5.25%	90.1%
cbBTC / USDCEthereum · LLTV 86%	$5.14M5.14M USDC	4.55%	$4.64M$7.25M collateral	5.06%	90.1%
kHYPE / USD₮0HyperEVM · LLTV 62.5%	$5.12M5.12M USD₮0	7.09%	$4.52M$22.85M collateral	8.06%	88.3%
PT-sUSDE-26NOV2026 / USDCEthereum · LLTV 91.5%	$5.11M5.11M USDC	3.87%	$4.61M$5.31M collateral	4.29%	90.3%
sUSDS / USDTEthereum · LLTV 96.5%	$4.91M4.92M USDT	3.00%	$4.04M$4.39M collateral	3.66%	82.2%
JitoSOL / USDCBase · LLTV 62.5%	$4.82M4.82M USDC	5.56%	$4.33M$10.81M collateral	6.21%	89.8%
WHYPE / USD₮0HyperEVM · LLTV 62.5%	$4.51M4.51M USD₮0	7.06%	$3.97M$9.81M collateral	8.05%	88.1%
v-wmtUSDC / USDCEthereum · LLTV 86%	$4.46M4.46M USDC	6.05%	$4.01M$5.40M collateral	6.75%	89.9%
PT-sUSDS-26NOV2026 / USDSEthereum · LLTV 91.5%	$4.30M4.31M USDS	6.28%	$3.96M$4.73M collateral	6.85%	92.0%
sUSN / USDCBase · LLTV 91.5%	$3.95M3.95M USDC	5.24%	$3.55M$5.44M collateral	5.86%	89.7%
cbZEC / USDCBase · LLTV 62.5%	$3.79M3.79M USDC	5.64%	$3.31M$8.25M collateral	6.49%	87.2%
savUSD / USDCBase · LLTV 91.5%	$3.65M3.65M USDC	6.47%+0.93% rewards	$3.29M$4.54M collateral	7.21%	90.0%
PST / AUSDEthereum · LLTV 86%	$3.64M3.65M AUSD	5.87%	$3.28M$4.09M collateral	6.54%	90.0%
v-wmtUSDT / USDTEthereum · LLTV 86%	$3.54M3.55M USDT	6.73%	$3.19M$3.95M collateral	7.50%	90.0%
siUSD / AUSDMonad · LLTV 91.5%	$3.49M3.49M AUSD	5.74%+1.80% rewards	$3.17M$3.59M collateral	6.34%	90.8%
rETH / USDCEthereum · LLTV 86%	$3.20M3.21M USDC	4.48%	$2.87M$5.76M collateral	5.02%	89.5%
XAUt / USDTEthereum · LLTV 77%	$3.19M3.19M USDT	4.01%	$2.70M$6.34M collateral	4.76%	84.5%
CarryTradeUSDTRYLeverage / USDCEthereum · LLTV 62.5%	$3.18M3.19M USDC	13.77%	$2.88M$6.16M collateral	15.35%	90.4%
yoUSD / USDCEthereum · LLTV 86%	$3.10M3.10M USDC	0.54%	$2.29M$2.85M collateral	0.73%	73.8%
limUSD / USDCHyperEVM · LLTV 86%	$3.00M3.00M USDC	5.76%	$2.47M$3.69M collateral	7.05%	82.2%
wstETH / USDTEthereum · LLTV 86%	$2.98M2.98M USDT	3.00%	$2.46M$4.15M collateral	3.65%	82.4%
mHyperBTC / USDCEthereum · LLTV 77%	$2.88M2.88M USDC	7.83%	$2.51M$5.20M collateral	9.04%	87.1%
PRIME / USDCEthereum · LLTV 86%	$2.85M2.85M USDC	4.44%	$2.52M$3.32M collateral	5.03%	88.5%
cbDOGE / USDCBase · LLTV 62.5%	$2.70M2.70M USDC	5.55%	$2.26M$5.57M collateral	6.67%	83.7%
cbADA / USDCBase · LLTV 62.5%	$2.69M2.69M USDC	5.63%	$2.27M$5.83M collateral	6.68%	84.6%
PT-apyUSD-11FEB2027 / apxUSDEthereum · LLTV 91.5%	$2.57M2.59M apxUSD	9.14%	$2.34M$3.18M collateral	10.10%	90.9%
wstETH / USDCBase · LLTV 86%	$2.56M2.56M USDC	4.51%	$2.18M$4.51M collateral	5.33%	85.0%
LBTC / USDCEthereum · LLTV 86%	$2.32M2.32M USDC	4.49%	$1.94M$3.74M collateral	5.38%	83.7%
wJAAA / USDCEthereum · LLTV 98%	$2.23M2.23M USDC	3.91%	$2.00M$2.28M collateral	4.34%	90.1%
WBTC / USDCArbitrum · LLTV 86%	$2.20M2.20M USDC	6.92%	$2.05M$4.01M collateral	7.43%	93.3%
yvvbETH / vbUSDCKatana · LLTV 77%	$2.16M2.16M vbUSDC	2.61%	$1.71M$3.76M collateral	3.31%	79.0%
cbBTC / USDSEthereum · LLTV 86%	$1.94M1.94M USDS	3.96%	$1.75M$2.84M collateral	4.40%	90.1%
aHyperBTC / USDCMonad · LLTV 77%	$1.93M1.93M USDC	8.34%	$1.74M$2.97M collateral	9.31%	90.1%
PT-trUSD-26NOV2026 / USDCEthereum · LLTV 94.5%	$1.93M1.93M USDC	13.83%	$1.77M$2.05M collateral	15.17%	91.7%
naccUSDC / AUSDMonad · LLTV 86%	$1.85M1.86M AUSD	7.42%	$1.63M$2.46M collateral	8.47%	88.0%
PRIME / AUSDEthereum · LLTV 86%	$1.83M1.83M AUSD	3.83%	$1.65M$2.00M collateral	4.26%	90.0%
syrupUSDC / USDCArc · LLTV 91.5%	$1.83M1.83M USDC	13.66%	$1.72M$2.02M collateral	14.57%−9.27% rewards	94.2%
etrUSD / USDCEthereum · LLTV 86%	$1.81M1.81M USDC	11.18%	$1.65M$4.17M collateral	12.34%	91.1%
cbXRP / USDCBase · LLTV 77%	$1.77M1.78M USDC	5.44%	$1.61M$3.40M collateral	6.00%−1.00% rewards	90.9%
cbBTC / PYUSDEthereum · LLTV 86%	$1.68M1.68M PYUSD	3.79%	$1.51M$3.75M collateral	4.22%	90.0%
WBTC / USDCEthereum · LLTV 86%	$1.66M1.66M USDC	4.54%	$1.46M$2.70M collateral	5.20%	87.7%
reUSD / USDTEthereum · LLTV 91.5%	$1.64M1.64M USDT	4.60%	$1.46M$1.63M collateral	5.21%	88.6%
sUSDai / AUSDEthereum · LLTV 86%	$1.58M1.58M AUSD	4.91%	$1.43M$1.78M collateral	5.47%	90.1%
cbBTC / RLUSDEthereum · LLTV 86%	$1.56M1.56M RLUSD	3.18%	$1.19M$2.23M collateral	4.20%	76.2%
PT-sUSDS-26NOV2026 / USDTEthereum · LLTV 91.5%	$1.44M1.44M USDT	3.75%	$1.14M$1.36M collateral	4.76%	79.3%
siUSD / msUSDEthereum · LLTV 91.5%	$1.43M1.76M msUSD	0.11%	$530K$814K collateral	0.31%	37.1%
sUSDe / DAIEthereum · LLTV 86%	$1.41M1.41M DAI	11.21%	$1.30M$1.68M collateral	12.25%	92.0%
sUSDat / USDTEthereum · LLTV 86%	$1.37M1.37M USDT	4.24%	$1.20M$1.77M collateral	4.83%	88.0%
weETH / USDTEthereum · LLTV 86%	$1.29M1.29M USDT	2.97%	$1.06M$1.97M collateral	3.63%	82.2%
PT-apxUSD-11FEB2027 / apxUSDEthereum · LLTV 94.5%	$1.24M1.25M apxUSD	9.63%	$1.12M$1.22M collateral	10.65%	90.8%
sUSN / USDCEthereum · LLTV 86%	$1.22M1.22M USDC	8.61%	$1.11M$1.69M collateral	9.57%	90.4%
UBTC / USD₮0HyperEVM · LLTV 77%	$1.21M1.21M USD₮0	6.97%	$1.06M$1.76M collateral	8.00%	87.5%
WBTC / PYUSDEthereum · LLTV 86%	$1.20M1.20M PYUSD	3.96%	$1.08M$1.59M collateral	4.41%	90.1%
PT-siUSD-7JAN2027-(ETH) / AUSDMonad · LLTV 91.5%	$1.15M1.15M AUSD	6.52%	$1.04M$1.18M collateral	7.23%	90.5%
GLV [USDG-USDG] / USDGArbitrum · LLTV 62.5%	$1.07M1.07M USDG	2.91%	$857K$1.67M collateral	3.65%	79.9%
cbETH / USDCBase · LLTV 86%	$1.06M1.06M USDC	4.50%	$905K$1.67M collateral	5.28%	85.4%
wstETH / USDCArbitrum · LLTV 86%	$1.05M1.05M USDC	6.21%	$971K$1.93M collateral	6.71%	92.7%
mROX / AUSDMonad · LLTV 86%	$1.02M1.02M AUSD	0.00%+1.50% rewards	$1.00$1.00 collateral	1.15%	<0.01%
cbBTC / USDTEthereum · LLTV 86%	$1.00M1.00M USDT	3.00%	$837K$2.41M collateral	3.60%	83.5%
stUSDS / USDSEthereum · LLTV 86%	$1.00M1.00M USDS	3.81%	$901K$1.12M collateral	4.24%	90.0%
PT-reUSD-10DEC2026 / USDCMonad · LLTV 91.5%	$996K996.70K USDC	11.08%	$907K$1.27M collateral	12.24%	91.0%
cbADA / USDCBase · LLTV 77%	$925K924.99K USDC	2.28%	$832K$2.28M collateral	2.54%	90.0%
cbLTC / USDCBase · LLTV 62.5%	$922K921.88K USDC	5.63%	$777K$2.03M collateral	6.70%	84.4%
PT-apyUSD-11FEB2027 / USDCEthereum · LLTV 86%	$891K891.19K USDC	14.25%	$843K$1.22M collateral	15.13%	94.6%
WBTC / USDT0Arbitrum · LLTV 86%	$854K855.24K USDT0	6.40%	$794K$1.40M collateral	6.90%	92.9%
sUSDe / USDtbEthereum · LLTV 91.5%	$837K837.65K USDtb	23.29%	$800K$1.05M collateral	24.48%	95.6%
syrupUSDC / AUSDEthereum · LLTV 91.5%	$833K833.77K AUSD	4.10%	$767K$872K collateral	4.47%	92.0%
YZM / AUSDMonad · LLTV 91.5%	$822K822.66K AUSD	5.44%	$731K$933K collateral	6.14%	88.9%
cbHYPE / USDCBase · LLTV 62.5%	$818K817.94K USDC	5.66%	$739K$1.80M collateral	6.28%	90.4%
WBTC / USDCPolygon · LLTV 86%	$810K810.33K USDC	7.33%	$672K$1.50M collateral	8.90%	83.0%
yvvbUSDC / vbUSDTKatana · LLTV 86%	$799K799.55K vbUSDT	3.11%	$710K$852K collateral	3.51%	88.9%
tBTC / USDCEthereum · LLTV 77%	$793K793.50K USDC	12.26%	$729K$1.77M collateral	13.41%	91.9%
superOETHb / USDCBase · LLTV 77%	$784K784.08K USDC	5.51%	$706K$1.34M collateral	6.14%−4.52% rewards	90.0%
cbETH / USDCBase · LLTV 86%	$746K746.31K USDC	3.10%	$648K$1.22M collateral	3.58%	86.8%
weETH / vbUSDCKatana · LLTV 86%	$745K745.67K vbUSDC	2.14%	$681K$921K collateral	2.35%	91.4%
mWIN / PYUSDEthereum · LLTV 77%	$719K719.55K PYUSD	3.02%	$628K$859K collateral	3.46%	87.4%
weETH / USDCEthereum · LLTV 86%	$713K712.78K USDC	4.39%	$609K$968K collateral	5.15%	85.5%
PT-strUSD-26NOV2026 / USDCEthereum · LLTV 86%	$701K701.56K USDC	11.18%	$638K$867K collateral	12.35%	91.0%
UBTC / USDCHyperEVM · LLTV 77%	$681K681.02K USDC	4.64%	$554K$1.27M collateral	5.73%	81.4%
cbXRP / USDCBase · LLTV 86%	$668K668.67K USDC	2.10%	$622K$946K collateral	2.26%	93.0%
PST / USDTEthereum · LLTV 86%	$635K636.08K USDT	7.28%	$591K$746K collateral	7.85%	93.0%
sUSDe / DAIEthereum · LLTV 91.5%	$625K624.58K DAI	11.17%	$567K$756K collateral	12.38%	90.7%
wstETH / USDSEthereum · LLTV 86%	$608K608.34K USDS	3.89%	$544K$869K collateral	4.35%	89.5%
weETH / USDTEthereum · LLTV 86%	$596K596.58K USDT	2.98%	$485K$982K collateral	3.68%	81.4%
cbBTC / USDCEthereum · LLTV 86%	$588K587.66K USDC	6.44%	$523K$1.05M collateral	7.26%	89.1%
WHYPE / USDCHyperEVM · LLTV 62.5%	$559K559.01K USDC	4.76%	$466K$2.02M collateral	5.74%	83.4%
vbETH / vbUSDCKatana · LLTV 86%	$543K543.46K vbUSDC	2.55%	$464K$1.39M collateral	2.99%	85.4%
MORPHO / USDCEthereum · LLTV 62.5%	$533K533.55K USDC	6.59%	$460K$1.62M collateral	7.68%	86.3%
ssftUSD / USDCEthereum · LLTV 86%	$501K500.85K USDC	7.06%	$452K$600K collateral	7.85%	90.2%
PT-fxSAVE-29APR2027 / USDCEthereum · LLTV 91.5%	$500K500.22K USDC	6.58%	$471K$560K collateral	7.00%	94.2%
AUTO / USDCEthereum · LLTV 86%	$488K487.90K USDC	8.04%	$441K$663K collateral	8.93%	90.4%
ONDO / USDCEthereum · LLTV 62.5%	$471K471.39K USDC	6.61%	$408K$1.17M collateral	7.68%	86.5%
ROY-ST-apyUSD / USDCEthereum · LLTV 91.5%	$458K458.50K USDC	2.23%	$413K$0 collateral	2.48%	90.0%
WBTC / USDCOP Mainnet · LLTV 86%	$415K415.25K USDC	8.99%	$380K$651K collateral	9.86%	91.6%
wstETH / USDCEthereum · LLTV 86%	$411K410.84K USDC	5.44%	$332K$747K collateral	6.78%	80.7%
syzUSD / USDCMonad · LLTV 91.5%	$399K399.40K USDC	9.42%	$361K$429K collateral	10.46%	90.5%
mHYPER / USDCEthereum · LLTV 77%	$399K398.99K USDC	6.91%	$363K$531K collateral	7.62%	91.0%
kHYPE / USD₮0HyperEVM · LLTV 77%	$398K398.74K USD₮0	6.84%	$347K$1.07M collateral	7.90%	87.0%
StockMarketTRBasisTrade / USDCEthereum · LLTV 86%	$397K397.10K USDC	7.75%	$348K$442K collateral	8.88%	87.7%
stakedao-frxsUSDS / frxUSDEthereum · LLTV 91.5%	$386K386.28K frxUSD	2.09%	$350K$405K collateral	2.31%	90.6%
YFI / USDCEthereum · LLTV 77%	$350K349.91K USDC	8.49%	$302K$429K collateral	9.88%	86.5%
PT-sUSDD-26NOV2026 / USDCEthereum · LLTV 91.5%	$346K345.82K USDC	4.40%	$311K$346K collateral	4.90%	90.0%
WBTC / eUSDEthereum · LLTV 86%	$345K346.82K eUSD	4.58%	$298K$504K collateral	5.34%	86.2%
GRO / USDCBase · LLTV 62.5%	$341K341.22K USDC	5.55%	$301K$1.16M collateral	6.33%	88.1%
WETH / USDTEthereum · LLTV 86%	$340K340.02K USDT	2.99%	$286K$470K collateral	3.57%	84.2%
yoUSD / USDCBase · LLTV 91.5%	$305K304.94K USDC	9.20%	$271K$556K collateral	10.42%	88.8%
weETH / vbUSDTKatana · LLTV 86%	$305K304.99K vbUSDT	2.43%	$262K$350K collateral	2.83%	85.8%
uniBTC / USDCBase · LLTV 77%	$304K303.67K USDC	7.97%	$239K$1.14M collateral	10.23%−12.98% rewards	78.8%
nvPRIME / USDCEthereum · LLTV 86%	$298K297.87K USDC	4.39%	$262K$561K collateral	5.00%	88.0%
UBTC / USDeHyperEVM · LLTV 77%	$284K283.93K USDe	7.35%	$245K$434K collateral	8.58%	86.2%
PGNGI+ / USDCEthereum · LLTV 77%	$275K275.38K USDC	7.42%	$249K$340K collateral	8.23%	90.4%
NVDA / USDGRobinhood Chain · LLTV 62.5%	$251K250.81K USDG	1.05%	$226K$623K collateral	1.16%	90.0%
LsETH / USDCEthereum · LLTV 86%	$247K247.00K USDC	2.46%	$197K$265K collateral	3.09%	79.7%
stUSDS / USDTEthereum · LLTV 86%	$238K238.00K USDT	1.66%	$211K$256K collateral	1.87%	88.7%
WMON / USDCMonad · LLTV 77%	$236K235.89K USDC	16.22%	$216K$461K collateral	17.81%	91.7%
mAPOLLO / USDCEthereum · LLTV 86%	$223K223.14K USDC	2.29%	$198K$268K collateral	2.59%	88.7%
stakedao-frxUsDOLA / frxUSDEthereum · LLTV 91.5%	$222K222.40K frxUSD	0.72%+2.00% rewards	$161K$188K collateral	1.00%	72.5%
wstHYPE / USDCHyperEVM · LLTV 77%	$218K218.44K USDC	5.07%	$185K$475K collateral	6.00%	84.9%
syrupUSDC / RLUSDEthereum · LLTV 91.5%	$210K210.19K RLUSD	3.95%	$186K$282K collateral	4.47%	88.6%
stBRL / USDCEthereum · LLTV 86%	$210K210.15K USDC	0.36%	$191K$287K collateral	0.40%	90.9%
yoUSD Edge / USDCEthereum · LLTV 77%	$204K203.64K USDC	1.06%	$172K$232K collateral	1.25%	84.5%
FXRP / vbUSDCKatana · LLTV 77%	$203K203.23K vbUSDC	4.68%	$173K$257K collateral	5.51%	85.3%
syzUSD / USDCEthereum · LLTV 91.5%	$201K201.33K USDC	4.17%	$181K$205K collateral	4.65%	90.0%
PAXG / PYUSDEthereum · LLTV 77%	$193K192.78K PYUSD	5.71%	$167K$298K collateral	6.61%	86.8%
PT-apxUSD-11FEB2027 / USDCEthereum · LLTV 86%	$179K178.78K USDC	4.34%	$140K$227K collateral	5.58%	78.2%
SYRUP / USDCEthereum · LLTV 62.5%	$177K176.93K USDC	6.60%	$153K$278K collateral	7.68%	86.3%
FXRP / vbUSDTKatana · LLTV 77%	$161K161.22K vbUSDT	5.42%	$146K$226K collateral	6.00%	90.6%
sUSDS / USDT0Arbitrum · LLTV 94.5%	$158K157.86K USDT0	3.24%	$141K$170K collateral	3.63%	89.4%
WETH / USDCArbitrum · LLTV 86%	$156K156.05K USDC	6.22%	$145K$291K collateral	6.72%	92.8%
vUSD / AUSDMonad · LLTV 91.5%	$149K149.43K AUSD	6.39%	$135K$263K collateral	7.09%	90.4%
wstETH / PYUSDEthereum · LLTV 86%	$147K147.46K PYUSD	5.72%	$132K$260K collateral	6.41%	89.5%
reUSDe / USDCEthereum · LLTV 77%	$143K143.30K USDC	19.52%	$132K$172K collateral	21.37%	92.1%
wmGLO / USDCEthereum · LLTV 91.5%	$141K140.72K USDC	5.03%	$128K$156K collateral	5.55%	90.9%
WHYPE / USDCHyperEVM · LLTV 86%	$138K138.31K USDC	3.83%	$124K$234K collateral	4.26%	90.0%
BRZ / frxUSDPolygon · LLTV 77%	$137K137.39K frxUSD	30.86%	$124K$266K collateral	34.74%	90.2%
UBTC / USD₮0HyperEVM · LLTV 86%	$129K129.62K USD₮0	7.34%	$117K$187K collateral	8.18%	90.0%
stakedao-crvfrxUSD / frxUSDEthereum · LLTV 91.5%	$128K128.20K frxUSD	0.52%	$21.2K$30.4K collateral	3.19%	16.6%
wstETH / USDCMonad · LLTV 86%	$113K113.28K USDC	1.94%	$60.1K$78.0K collateral	3.68%	53.1%
yvvbWBTC / vbUSDCKatana · LLTV 77%	$108K108.26K vbUSDC	7.12%	$97.8K$269K collateral	7.90%	90.4%
XAUt0 / USDCArbitrum · LLTV 77%	$104K104.28K USDC	6.10%	$96.5K$177K collateral	6.60%	92.6%
vbWBTC / vbUSDTKatana · LLTV 86%	$103K102.61K vbUSDT	2.98%	$92.8K$252K collateral	3.29%	90.5%
PT-strUSD-4FEB2027 / AUSDMonad · LLTV 91.5%	$99.9K100.03K AUSD	0.92%	$51.3K$238K collateral	1.79%	51.4%
USP / USDCEthereum · LLTV 86%	$95.3K95.32K USDC	6.64%	$85.2K$139K collateral	7.46%	89.4%
stcUSD / vbUSDCKatana · LLTV 86%	$91.1K91.13K vbUSDC	2.97%	$82.2K$98.0K collateral	3.29%	90.2%
syrupUSDT / USDTEthereum · LLTV 91.5%	$91.1K91.17K USDT	3.24%	$77.7K$94.5K collateral	3.81%	85.3%
WHYPE / USDeHyperEVM · LLTV 62.5%	$90.9K90.92K USDe	7.26%	$77.9K$363K collateral	8.52%	85.7%
sUSDat / AUSDEthereum · LLTV 86%	$87.5K87.59K AUSD	36.04%	$87.5K$187K collateral	36.04%	100.0%
stakedao-frxSVUSD / frxUSDEthereum · LLTV 86%	$82.0K81.96K frxUSD	2.05%+6.00% rewards	$72.3K$91.1K collateral	2.33%	88.2%
stakedao-USD3frxUSD / frxUSDEthereum · LLTV 86%	$82.0K81.96K frxUSD	1.93%+6.00% rewards	$70.8K$90.3K collateral	2.23%	86.4%
stakedao-frx-trUSD / frxUSDEthereum · LLTV 86%	$82.0K81.95K frxUSD	0.00%	$1.00$2.00 collateral	0.43%	<0.01%
stakedao-frxsUSDe / frxUSDEthereum · LLTV 86%	$81.8K81.77K frxUSD	0.38%	$30.7K$37.5K collateral	1.02%	37.5%
avKAT / vbUSDCKatana · LLTV 62.5%	$79.4K79.46K vbUSDC	0.31%	$71.9K$182K collateral	0.34%	90.6%
sUSDS / USDCArbitrum · LLTV 94.5%	$73.8K73.86K USDC	3.34%	$66.6K$97.0K collateral	3.71%	90.2%
wstETH / USDT0Arbitrum · LLTV 86%	$72.1K72.18K USDT0	3.25%	$65.0K$145K collateral	3.61%	90.1%
sUSDai / frxUSDEthereum · LLTV 86%	$71.5K71.50K frxUSD	11.98%	$68.4K$84.1K collateral	12.55%	95.7%
sUSDai / USDCArc · LLTV 86%	$68.8K68.85K USDC	4.85%	$61.8K$147K collateral	5.42%−0.14% rewards	89.8%
NGI+ / USDCEthereum · LLTV 62.5%	$68.7K68.71K USDC	6.39%	$61.8K$110K collateral	7.13%	90.0%
WHYPE / USD₮0HyperEVM · LLTV 77%	$64.9K64.95K USD₮0	7.13%	$57.5K$115K collateral	8.07%	88.7%
cbBTC / pathUSDTempo · LLTV 77%	$64.8K65.19K pathUSD	0.80%	$49.3K$109K collateral	1.05%	76.1%
fxSAVE / USDCEthereum · LLTV 86%	$64.7K64.69K USDC	9.64%	$57.3K$68.3K collateral	10.96%	88.6%
srRoyUSDC / USDCEthereum · LLTV 91.5%	$64.1K64.15K USDC	0.01%	$594$791 collateral	1.15%	0.9%
savUSD / AUSDMonad · LLTV 86%	$63.9K63.93K AUSD	0.26%	$7.0K$255K collateral	2.35%	11.0%
wstETH / USDCMonad · LLTV 86%	$63.8K63.79K USDC	1.96%	$62.0K$127K collateral	2.02%	97.2%
sUSDe / msUSDEthereum · LLTV 91.5%	$58.7K72.51K msUSD	0.02%	$2.1K$3.3K collateral	0.58%	3.6%
Ultra_USD / USDCEthereum · LLTV 91.5%	$58.2K58.19K USDC	0.00%	$1.00$3.00 collateral	0.83%	<0.01%
WETH / USDT0Arbitrum · LLTV 86%	$58.0K58.01K USDT0	3.24%	$51.0K$103K collateral	3.69%	88.0%
WBTC / USDCUnichain · LLTV 86%	$52.5K52.53K USDC	3.19%	$25.8K$49.9K collateral	6.59%	49.2%
LBTC / USDCBase · LLTV 86%	$51.3K51.28K USDC	8.91%	$46.7K$116K collateral	9.83%	91.0%
nFALCON / USDCEthereum · LLTV 77%	$50.0K50.06K USDC	1.34%	$42.4K$57.7K collateral	1.59%	84.6%
wstHYPE / USD₮0HyperEVM · LLTV 62.5%	$49.6K49.67K USD₮0	2.21%	$40.3K$82.9K collateral	2.73%	81.2%
PT-USDe-31JUL2025 / DAIEthereum · LLTV 91.5%	$49.5K49.53K DAI	5.52%	$44.8K$0 collateral	6.11%	90.5%
edgeUSDx / USDCEthereum · LLTV 91.5%	$48.4K48.42K USDC	0.00%	$1.00$2.00 collateral	1.32%	<0.01%
WMON / AUSDMonad · LLTV 77%	$48.2K48.25K AUSD	13.45%	$45.1K$101K collateral	14.46%	93.5%
WBTC / USDCMonad · LLTV 86%	$43.3K43.31K USDC	1.79%	$38.5K$77.8K collateral	2.02%	88.9%
WBTC / PYUSDEthereum · LLTV 86%	$41.4K41.40K PYUSD	5.72%	$37.0K$120K collateral	6.41%	89.5%
PAXG / USDCBase · LLTV 77%	$39.7K39.73K USDC	4.61%	$35.8K$80.4K collateral	5.13%	90.1%
WETH / USDCArc · LLTV 86%	$39.0K39.03K USDC	12.23%	$38.8K$61.5K collateral	12.30%−0.14% rewards	99.5%
syrupUSDC / USDCArbitrum · LLTV 91.5%	$38.6K38.62K USDC	7.07%	$35.6K$45.7K collateral	7.69%	92.2%
GOOGL / USDGRobinhood Chain · LLTV 77%	$37.8K37.83K USDG	3.67%	$34.4K$67.0K collateral	4.04%	91.1%
UETH / USD₮0HyperEVM · LLTV 77%	$37.7K37.78K USD₮0	6.87%	$33.2K$74.3K collateral	7.86%	87.9%
sUSDe / AUSDEthereum · LLTV 91.5%	$37.6K37.68K AUSD	3.82%	$34.5K$40.5K collateral	4.18%	91.7%
sUSDC / USDCOP Mainnet · LLTV 94.5%	$37.6K37.66K USDC	1.65%	$18.5K$21.2K collateral	3.39%	49.1%
WPOL / USDT0Polygon · LLTV 77%	$36.4K36.42K USDT0	2.19%	$32.5K$62.4K collateral	2.45%	89.4%
WBTC / AUSDMonad · LLTV 86%	$35.8K35.84K AUSD	2.30%	$29.5K$50.8K collateral	2.80%	82.3%
USDe / DAIEthereum · LLTV 91.5%	$34.9K34.95K DAI	9.19%	$31.5K$365K collateral	10.26%	90.0%
PT-sUSDat-14JAN2027 / USDCEthereum · LLTV 91.5%	$34.6K34.65K USDC	3.47%	$25.1K$33.2K collateral	4.82%	72.4%
XAUt0 / USDT0Arbitrum · LLTV 77%	$34.5K34.48K USDT0	3.24%	$30.8K$64.3K collateral	3.63%	89.5%
XAUt0 / USDCMonad · LLTV 77%	$33.4K33.41K USDC	1.71%	$28.3K$57.7K collateral	2.02%	84.9%
WBTC / USDT0Polygon · LLTV 86%	$33.3K33.30K USDT0	9.86%	$29.1K$58.5K collateral	11.34%	87.5%
UNI / USDCEthereum · LLTV 77%	$31.9K31.87K USDC	6.98%	$29.0K$93.9K collateral	7.70%	91.0%
vbETH / vbUSDTKatana · LLTV 86%	$31.8K31.82K vbUSDT	1.49%	$20.5K$35.8K collateral	2.31%	64.6%
reUSD / AUSDEthereum · LLTV 91.5%	$31.4K31.39K AUSD	4.86%	$28.5K$32.8K collateral	5.36%	90.8%
yvvbUSDT / vbUSDCKatana · LLTV 86%	$31.2K31.24K vbUSDC	0.38%	$30.7K$61.4K collateral	0.39%	98.2%
sUSDe / USDTEthereum · LLTV 91.5%	$30.2K30.24K USDT	2.98%	$24.6K$31.4K collateral	3.68%	81.4%
SPX / USDCEthereum · LLTV 62.5%	$29.4K29.45K USDC	13.80%	$26.6K$87.9K collateral	15.37%	90.4%
WBTC / AUSDEthereum · LLTV 86%	$29.3K29.28K AUSD	3.82%	$26.9K$55.1K collateral	4.17%	91.8%
syrupUSDC / USDCEthereum · LLTV 91.5%	$28.8K28.79K USDC	4.44%	$24.9K$30.2K collateral	5.14%	86.6%
sUSDe / DAIEthereum · LLTV 94.5%	$28.5K28.47K DAI	6.08%	$25.8K$30.9K collateral	6.72%	90.7%
sPOL / frxUSDPolygon · LLTV 86%	$28.4K28.44K frxUSD	41.86%	$26.2K$61.5K collateral	46.07%	92.3%
deSPXA / USDCBase · LLTV 77%	$25.8K25.85K USDC	4.58%	$21.6K$48.0K collateral	5.50%	83.6%
YFI / USDCBase · LLTV 77%	$25.2K25.17K USDC	7.60%	$22.7K$33.4K collateral	8.46%	90.3%
sUSDat / USDCEthereum · LLTV 91.5%	$24.9K24.93K USDC	6.73%	$21.7K$33.8K collateral	7.78%	87.0%
WETH / AUSDMonad · LLTV 86%	$23.0K23.06K AUSD	2.30%	$19.1K$26.5K collateral	2.78%	83.1%
mHYPER / USDCEthereum · LLTV 86%	$22.6K22.63K USDC	6.97%	$19.6K$26.1K collateral	8.07%	86.8%
wstETH / AUSDMonad · LLTV 86%	$22.2K22.17K AUSD	2.41%	$18.8K$28.0K collateral	2.84%	85.1%
thBILL / USD₮0HyperEVM · LLTV 86%	$21.0K20.99K USD₮0	10.04%	$15.3K$21.0K collateral	14.01%	73.0%
PT-srUSDat-14JAN2027 / USDCEthereum · LLTV 91.5%	$20.5K20.50K USDC	8.60%	$18.3K$27.0K collateral	9.70%	89.1%
mBASIS / USDCBase · LLTV 86%	$20.4K20.40K USDC	6.55%	$16.5K$24.2K collateral	8.16%	80.9%
weETH / USDCBase · LLTV 77%	$18.0K18.05K USDC	4.50%	$15.2K$27.8K collateral	5.36%	84.2%
cbZEC / USDCBase · LLTV 77%	$17.2K17.25K USDC	5.61%	$13.8K$22.9K collateral	7.05%	80.1%
AAPLc / USDCBase · LLTV 62.5%	$16.4K16.41K USDC	5.13%	$14.6K$35.7K collateral	5.77%	89.2%
wstETH / AUSDEthereum · LLTV 86%	$15.0K15.04K AUSD	3.76%	$14.2K$26.2K collateral	3.97%	94.7%
PT-kHYPE-24SEP2026 / USDCHyperEVM · LLTV 77%	$15.0K15.03K USDC	4.93%	$13.3K$0 collateral	5.57%	88.7%
WOUSD / USDCEthereum · LLTV 91.5%	$13.0K12.96K USDC	0.00%	$1.00$1.00 collateral	0.19%	<0.01%
LBTC / vbUSDCKatana · LLTV 86%	$12.6K12.64K vbUSDC	0.25%	$12.0K$29.2K collateral	0.27%	94.9%
weETH / vbUSDTKatana · LLTV 77%	$12.6K12.60K vbUSDT	16.04%	$11.7K$24.1K collateral	17.36%	92.9%
WETH / mUSDMonad · LLTV 86%	$12.4K12.39K mUSD	1.07%	$10.7K$21.9K collateral	1.24%	86.3%
METAc / USDCBase · LLTV 62.5%	$11.9K11.94K USDC	4.88%	$10.9K$22.7K collateral	5.34%	91.7%
GOOGL / USDGRobinhood Chain · LLTV 62.5%	$11.8K11.76K USDG	1.37%	$10.7K$31.1K collateral	1.51%	91.1%
weETH / USDCEthereum · LLTV 77%	$11.2K11.25K USDC	4.44%	$10.5K$23.6K collateral	4.75%	93.7%
SPY / USDGRobinhood Chain · LLTV 77%	$11.2K11.24K USDG	3.67%	$10.2K$23.2K collateral	4.04%	90.9%
stakedao-FrxMsUSD / frxUSDEthereum · LLTV 91.5%	$11.0K11.01K frxUSD	7.73%	$9.7K$15.0K collateral	8.84%	88.0%
WETH / USDCMonad · LLTV 86%	$10.9K10.88K USDC	1.82%	$9.8K$17.9K collateral	2.02%	90.0%
SPCX / USDGRobinhood Chain · LLTV 62.5%	$10.4K10.39K USDG	2.82%	$9.4K$26.0K collateral	3.13%	90.1%
cbBTC / AUSDEthereum · LLTV 86%	$10.0K9.97K AUSD	3.85%	$9.3K$29.1K collateral	4.11%	93.8%
sUSDe / USDCEthereum · LLTV 91.5%	$9.5K9.55K USDC	0.13%	$8.6K$20.6K collateral	0.14%	90.5%
wsrUSD / USDCEthereum · LLTV 91.5%	$9.5K9.51K USDC	3.94%	$8.5K$19.8K collateral	4.41%	89.7%
ENA / USDCEthereum · LLTV 62.5%	$9.0K8.98K USDC	7.03%	$8.2K$31.4K collateral	7.71%	91.5%
PT-kHYPE-19MAR2026 / USDCHyperEVM · LLTV 62.5%	$8.6K8.62K USDC	0.08%	$7.5K$13.7K collateral	0.10%	86.7%
PONS / USDGRobinhood Chain · LLTV 62.5%	$8.2K8.18K USDG	13.59%	$7.4K$16.9K collateral	15.02%	91.1%
cbBTC / USDCMonad · LLTV 77%	$8.0K8.04K USDC	23.85%	$7.5K$17.2K collateral	25.89%	92.9%
WHYPE / USDHLHyperEVM · LLTV 62.5%	$7.8K7.78K USDHL	18.92%	$5.4K$44.1K collateral	28.54%	69.0%
iUSD / USDCEthereum · LLTV 91.5%	$7.7K7.67K USDC	5.80%	$6.6K$8.0K collateral	6.77%	86.0%
AI / USDGRobinhood Chain · LLTV 62.5%	$7.6K7.57K USDG	13.52%	$6.9K$15.3K collateral	15.02%	90.6%
kHYPE / USDHLHyperEVM · LLTV 62.5%	$7.2K7.21K USDHL	11.48%	$4.4K$26.9K collateral	19.61%	60.7%
wSPYx / AUSDEthereum · LLTV 86%	$7.1K7.11K AUSD	33.77%	$6.6K$478K collateral	36.74%	93.0%
PST / USDCArc · LLTV 86%	$6.9K6.95K USDC	4.30%	$6.1K$8.0K collateral	4.91%−0.14% rewards	87.7%
weETH / USDT0Arbitrum · LLTV 86%	$6.2K6.24K USDT0	3.24%	$5.6K$12.0K collateral	3.62%	89.9%
SPCXc / USDCBase · LLTV 62.5%	$5.9K5.93K USDC	4.87%	$5.2K$13.5K collateral	5.58%	87.5%
GOOGLc / USDCBase · LLTV 77%	$5.5K5.51K USDC	4.86%	$4.7K$12.0K collateral	5.75%	85.0%
PT-apyUSD-18JUN2026 / apxUSDEthereum · LLTV 86%	$5.5K5.52K apxUSD	269.06%	$5.5K$12.0K collateral	269.17%	100.0%
wstHYPE / USDHLHyperEVM · LLTV 62.5%	$5.5K5.48K USDHL	28.89%	$5.0K$23.2K collateral	32.30%	90.7%
XAUt0 / AUSDMonad · LLTV 77%	$5.1K5.14K AUSD	2.30%	$4.2K$8.3K collateral	2.80%	82.4%
NVDAc / USDCBase · LLTV 62.5%	$4.9K4.94K USDC	4.88%	$4.5K$14.7K collateral	5.40%	90.5%
wstETH / RLUSDEthereum · LLTV 86%	$4.6K4.56K RLUSD	31.22%	$4.3K$14.7K collateral	33.35%	94.4%
hbUSDT / USD₮0HyperEVM · LLTV 86%	$3.1K3.12K USD₮0	16.41%	$2.5K$3.3K collateral	20.93%	80.0%
syrupUSDC / USDT0Arbitrum · LLTV 91.5%	$3.0K2.95K USDT0	0.02%	$1.0K$1.2K collateral	0.05%	34.3%
hwHLP / USD₮0HyperEVM · LLTV 77%	$2.7K2.73K USD₮0	12.57%	$1.7K$3.0K collateral	21.10%	61.8%
WETH / USDCOP Mainnet · LLTV 86%	$2.6K2.61K USDC	32.20%	$2.4K$6.1K collateral	35.16%	92.7%
PT-reUSD-25JUN2026 / USDCEthereum · LLTV 91.5%	$2.3K2.30K USDC	112.22%	$2.3K$0 collateral	112.22%	100.0%
WHLP / USD₮0HyperEVM · LLTV 77%	$2.2K2.22K USD₮0	89.93%	$2.1K$2.9K collateral	98.51%	93.6%
wstETH / eUSDEthereum · LLTV 86%	$2.2K2.20K eUSD	6.13%	$2.0K$3.9K collateral	6.72%	91.5%
oTFY / USDCEthereum · LLTV 77%	$2.2K2.16K USDC	<0.01%	$0$103 collateral	1.77%	0.0%
WETH / USDSEthereum · LLTV 86%	$2.1K2.15K USDS	19.95%	$2.0K$4.3K collateral	21.64%	92.9%
PT-kHYPE-24SEP2026 / USD₮0HyperEVM · LLTV 77%	$2.0K2.02K USD₮0	0.00%	$0$0 collateral	0.03%	0.0%
KAT / vbUSDCKatana · LLTV 62.5%	$2.0K2.00K vbUSDC	0.06%	$1.2K$4.3K collateral	0.09%	61.5%
avKAT / vbUSDTKatana · LLTV 62.5%	$2.0K1.96K vbUSDT	0.02%	$102$1.2K collateral	0.42%	5.2%
rETH / USDCBase · LLTV 86%	$1.6K1.65K USDC	0.10%	$1.5K$2.6K collateral	0.12%	88.5%
WETH / AUSDEthereum · LLTV 86%	$1.5K1.48K AUSD	3.76%	$1.4K$3.4K collateral	3.97%	94.7%
UBTC / USDHLHyperEVM · LLTV 77%	$1.5K1.45K USDHL	15.70%	$920$23.5K collateral	25.87%	63.4%
LBTC / PYUSDEthereum · LLTV 86%	$1.3K1.29K PYUSD	6.28%	$1.2K$3.1K collateral	6.99%	90.1%
COMP / USDCEthereum · LLTV 62.5%	$1.1K1.07K USDC	6.57%	$921$2.8K collateral	7.68%	86.1%
liUSD-1w / USDCEthereum · LLTV 86%	$1.0K1.04K USDC	8.01%	$743$0 collateral	11.42%	71.2%
stGLD / USDCEthereum · LLTV 86%	$1.0K1.00K USDC	<0.01%	$51.00$76.00 collateral	0.07%	5.1%
stMXN / USDCEthereum · LLTV 86%	$1.0K1.00K USDC	<0.01%	$11.00$23.00 collateral	0.06%	1.1%
Nothing matches that filter.

Stablecoins on Morpho: quick answers

What is the best USDC yield on Morpho?

Api3 dCOMP USDC on Ethereum pays 11.78% net APY, the most among USDC vaults with at least $1M deposited. Higher yields usually come with riskier collateral, so check what the vault lends against.

What is the best USDT yield on Morpho?

Flowdesk Confidential High Yield USDT on Ethereum pays 9.91% net APY (2.61% of it in token rewards, which can stop at any time), the most among USDT vaults with at least $1M deposited. Higher yields usually come with riskier collateral, so check what the vault lends against.

Where is it cheapest to borrow USDC on Morpho?

Borrowing USDC against yoUSD on Ethereum costs 0.73% a year, the lowest among USDC markets in use with at least $250K left to borrow.

What is the average stablecoin yield on Morpho?

Weighted by size, stablecoin vaults on Morpho pay 4.51% net APY right now, across 248 vaults.

Coinbase USDC lending rate

The Morpho vaults behind USDC lending in the Coinbase app.

Morpho vs Aave

Stablecoin rates on both protocols, side by side.