Best Morpho yields today
The highest yields on Morpho right now, split by asset type. Vaults are the simple way to earn: you deposit and a curator lends for you. Supplying a market directly lends to one set of borrowers against one collateral. Only vaults with at least $1M deposited and markets with at least $1M supplied are ranked, so dust doesn't win.
Data from Morpho's API · updated
Stablecoins
Highest vault yields
Net APY after fees, rewards included
Highest market supply rates
Supplying a market directly, before rewards
| Market | Supply APY |
|---|---|
| WHYPE / USD₮0HyperEVM · LLTV 62.5% | 15.76% |
| UBTC / USD₮0HyperEVM · LLTV 77% | 15.60% |
| kHYPE / USD₮0HyperEVM · LLTV 62.5% | 14.97% |
| PT-earnAUSD-8OCT2026 / USDCMonad · LLTV 91.5% | 14.06% |
| wstETH / PYUSDEthereum · LLTV 86% | 10.59% |
| sUSDat / AUSDEthereum · LLTV 86% | 9.54% |
ETH and staked ETH
Highest vault yields
Net APY after fees, rewards included
| Vault | Net APY |
|---|---|
| Re7 WETHOP Mainnet · RE7 Labs | 5.84% |
| Clearstar Core ETHBase · Clearstar | 3.50% |
| KPK ETH YieldEthereum · KPK | 3.17% |
| Steakhouse Prime ETHMonad · Steakhouse Financial | 2.88% |
| Gauntlet WETH BalancedEthereum · Gauntlet | 1.95% |
| Uniswap ETHEthereum · Gauntlet | 1.90% |
Highest market supply rates
Supplying a market directly, before rewards
| Market | Supply APY |
|---|---|
| savETH / WETHEthereum · LLTV 91.5% | 3.58% |
| weETH / WETHBase · LLTV 94.5% | 2.39% |
| weETH / WETHEthereum · LLTV 94.5% | 1.95% |
| wstETH / WETHEthereum · LLTV 96.5% | 1.95% |
| wstETH / WETHEthereum · LLTV 94.5% | 1.63% |
| wstETH / WETHBase · LLTV 94.5% | 1.54% |
Bitcoin
Highest vault yields
Net APY after fees, rewards included
| Vault | Net APY |
|---|---|
| Hyperithm cbBTC ApexMonad · Hyperithm | 2.25% |
| Moonwell Frontier cbBTCBase · Anthias Labs | 0.09% |
| Gauntlet WBTC CoreEthereum · Gauntlet | 0.07% |
| Vault Bridge WBTCEthereum · Gauntlet | 0.00% |
Highest market supply rates
Supplying a market directly, before rewards
| Market | Supply APY |
|---|---|
| mHyperBTC / cbBTCMonad · LLTV 77% | 3.94% |
| aHyperBTC / cbBTCMonad · LLTV 77% | 0.92% |
| SolvBTC / WBTCEthereum · LLTV 94.5% | 0.12% |
Other assets
Highest vault yields
Net APY after fees, rewards included
| Vault | Net APY |
|---|---|
| KPK wARS YieldEthereum · KPK | 22.75% |
| Apyx apxUSDEthereum · Hyperithm | 9.18% |
| Yearn OG ETHKatana · Yearn | 7.89% |
| Steakhouse High Yield USDCKatana · Steakhouse Financial | 6.48% |
| Felix HYPEHyperEVM · Felix | 5.35% |
| Felix HYPE V2HyperEVM · Felix | 5.32% |
Highest market supply rates
Supplying a market directly, before rewards
| Market | Supply APY |
|---|---|
| lstHYPE / WHYPEHyperEVM · LLTV 91.5% | 11.93% |
| PT-apyUSD-5NOV2026 / apxUSDEthereum · LLTV 91.5% | 10.06% |
| weETH / vbETHKatana · LLTV 91.5% | 8.48% |
| apyUSD / apxUSDEthereum · LLTV 86% | 7.46% |
| kHYPE / WHYPEHyperEVM · LLTV 86% | 6.00% |
| weETH / vbUSDTKatana · LLTV 86% | 3.80% |
Morpho yields: quick answers
What is the highest yield on Morpho right now?
Among vaults with at least $1M deposited, KPK wARS Yield on Ethereum pays 22.75% net APY. The top rate often comes with riskier collateral or less cash available to withdraw.
What is the best ETH yield on Morpho?
Re7 WETH on OP Mainnet pays 5.84% net APY, the most among ETH vaults with at least $1M deposited.
What is the best Bitcoin yield on Morpho?
Hyperithm cbBTC Apex on Monad pays 2.25% net APY, the most among Bitcoin vaults with at least $1M deposited. Bitcoin is mostly used as collateral on Morpho, so these yields are low.
Before you chase the top number
A live APY moves every time someone deposits, borrows or repays. The 30-day APY on each vault page is a steadier guide. A high yield usually means riskier collateral, a newer curator, or cash that is mostly lent out, which can make withdrawals slow. Read what Morpho's APY figures mean and the risks.
Cheapest borrow rates
The lowest rates to borrow each asset, with real liquidity.
Stablecoin yields and rates
Every USDC, USDT and other dollar vault and market in one place.
Borrow against Bitcoin
cbBTC, WBTC and other BTC as collateral: rates and limits.
Fixed rates
Fixed-rate, fixed-term loans and lending on Morpho Midnight.