Morpho Markets | Variable Rate

Loan	Collateral	LLTV	Trusted by	Outstanding Loans	Total Liquidity	Borrow Rate (6h)	Lend Rate (6h)
USDC	cbBTC	86.00%	+12	1.48B USDC$1.48B	166.20M USDC$166.18M	4.81%	4.32%
USDC	USDe 5.00%	91.50%		350.65M USDC$350.60M	39.12M USDC$39.11M	4.07%	3.65%
USDC	cbBTC	86.00%	+17	305.02M USDC$304.98M	33.08M USDC$33.08M	5.00%	4.50%
USDG	USDe 5.00%	91.50%		299.16M USDG$299.15M	36.87M USDG$36.87M	4.03%	3.56%
RLUSD	kBTC	86.00%		198.97M RLUSD$198.97M	21.02M RLUSD$21.02M	3.68%	3.32%
PYUSD	PRIME	86.00%		180.88M PYUSD$180.86M	27.32M PYUSD$27.32M	4.59%	3.98%
USDC	cirBTC	86.00%	+5	172.76M USDC$172.74M	7.03M USDC$7.03M	-0.22%	0.28%
PYUSD	kBTC	86.00%		151.89M PYUSD$151.87M	11.38M PYUSD$11.38M	7.38%	6.85%
USDT	wstETH 2.19%	86.00%	+10	115.70M USDT$115.68M	11.88M USDT$11.88M	4.84%	4.39%
USDC	WBTC	86.00%	+15	115.11M USDC$115.10M	12.45M USDC$12.44M	5.11%	4.60%
USDG	syrupUSDG	91.50%		112.41M USDG$112.41M	14.79M USDG$14.79M	4.03%	3.55%
USDC	PT-reUSD-10DEC2026	91.50%	+4	100.37M USDC$100.36M	18.05M USDC$18.05M	7.61%	6.40%
RLUSD	weETH 2.48%	86.00%		94.75M RLUSD$94.75M	10.49M RLUSD$10.49M	4.20%	3.77%
PYUSD	sUSDe 4.92%	91.50%		92.32M PYUSD$92.31M	11.00M PYUSD$11.00M	4.06%	3.62%
USDC	WETH	86.00%	+7	88.90M USDC$88.89M	10.04M USDC$10.03M	4.82%	4.32%
WETH	wstETH 2.19%	96.50%	+6	32.83k WETH$88.38M	3799.21 WETH$10.22M	1.93%	1.72%
USDT	WBTC	86.00%	+9	77.03M USDT$77.02M	7.94M USDT$7.94M	4.87%	4.42%
PYUSD	weETH 2.48%	86.00%		66.72M PYUSD$66.71M	6.85M PYUSD$6.85M	5.85%	5.29%
USDT	sUSDS 3.53%	96.50%		58.02M USDT$58.01M	5.43M USDT$5.43M	4.47%	4.08%
USDC	cbXRP	62.50%	+3	52.84M USDC$52.83M	20.28M USDC$20.28M	6.14%	5.49%
PYUSD	syrupUSDC 4.89%	91.50%		51.36M PYUSD$51.36M	5.51M PYUSD$5.51M	5.16%	4.65%
WETH	wstETH	94.50%		15.99k WETH$43.07M	1823.92 WETH$4.91M	1.71%	3.03%
PYUSD	PST	86.00%		40.83M PYUSD$40.83M	4.20M PYUSD$4.20M	7.39%	6.67%
USDC	aHYPER	77.00%		34.38M USDC$34.38M	3.50M USDC$3.50M	10.32%	10.43%
USDC	AA_FalconXUSDC	77.00%	+7	32.79M USDC$32.79M	3.42M USDC$3.41M	7.59%	6.85%
WETH	wstETH 2.19%	94.50%	+6	11.11k WETH$29.92M	1214.26 WETH$3.26M	1.89%	1.70%
USDG	mGLO	91.50%		28.54M USDG$28.54M	2.98M USDG$2.98M	5.51%	4.98%
USDC	wstETH 2.19%	86.00%	+14	28.52M USDC$28.52M	4.97M USDC$4.97M	5.00%	4.50%
USDC	PST	86.00%		28.22M USDC$28.22M	3.02M USDC$3.02M	7.53%	6.78%
RLUSD	USDe 5.00%	91.50%		25.75M RLUSD$25.75M	2.37M RLUSD$2.37M	4.00%	3.66%
USDC	mF-ONE	91.50%	+7	22.15M USDC$22.15M	2.36M USDC$2.36M	7.28%	6.56%
USDC	mGLO	91.50%		21.92M USDC$21.91M	8.62M USDC$8.62M	5.55%	4.98%
USDC	PT-USDat-14JAN2027	91.50%		21.89M USDC$21.89M	2.13M USDC$2.12M	8.24%	8.55%
USDC	wFalconX	91.50%	+5	21.06M USDC$21.06M	8.30M USDC$8.30M	5.50%	4.85%
PYUSD	mWIN	77.00%		20.55M PYUSD$20.55M	5.50M PYUSD$5.50M	1.43%	1.13%

Variable Rate Markets