Morpho Blue
lending
Ethereum 
Base 
Arbitrum Updated 3d ago
Total Value Locked
$6.7B
Total Borrowed
$64.0M
Markets
109
Avg Utilization
36.12%
Sort:
| Asset↕ | Chain↕ | Supply APY↕ | Borrow APY↕ | Utilization↕ | Total Supply↓ | Total Borrow↕ | LTV↕ | |
|---|---|---|---|---|---|---|---|---|
 PYUSD/ | | 0.00% | 0.00% | 0.00% | $24.5M | $0.00 | — | Supply |
 USDC/mF-ONE | | 5.04% | 6.25% | 81.09% | $17.0M | $13.8M | — | Supply |
| USDC/PT-apxUSD | | 9.53% | 10.48% | 91.35% | $15.4M | $14.0M | — | Supply |
| RLUSD/cbBTC | | 2.28% | 2.53% | 90.00% | $15.2M | $13.6M | — | Supply |
| PYUSD/wstETH | | 2.21% | 2.56% | 86.66% | $7.4M | $6.4M | — | Supply |
 WBTC/LBTC | | 0.09% | 0.10% | 89.81% | $7.1M | $6.4M | — | Supply |
 EURC/WBTC | | 0.37% | 0.64% | 58.45% | $4.8M | $2.8M | — | Supply |
 apxUSD/PT-apxUSD | | 19.45% | 20.91% | 93.60% | $2.9M | $2.7M | — | Supply |
| USDC/syzUSD | | 6.00% | 6.70% | 89.87% | $2.2M | $2.0M | — | Supply |
 WETH/hgETH | | 4.02% | 4.48% | 90.08% | $1.2M | $1.1M | — | Supply |
 wstETH/ | | 0.00% | 0.00% | 0.00% | $988.6K | $0.00 | — | Supply |
| PYUSD/PAXG | | 4.86% | 5.78% | 84.52% | $390.1K | $329.7K | — | Supply |
| cbBTC/mHyper | | 0.00% | 0.18% | 2.39% | $330.7K | $7.9K | — | Supply |
| EURCV/steakU | | 0.82% | 0.91% | 90.20% | $264.0K | $238.1K | — | Supply |
| USDC/AZND | | 7.08% | 7.98% | 89.08% | $162.1K | $144.4K | — | Supply |
| WETH/ynETHx | | 31.99% | 40.85% | 81.05% | $152.8K | $123.8K | — | Supply |
 USDT/PT-cUSD | | 5.40% | 5.97% | 90.78% | $118.9K | $108.0K | — | Supply |
| USDC/BAL | | 4.27% | 4.98% | 86.01% | $62.2K | $53.5K | — | Supply |
| EURC/cbBTC | | 1.29% | 1.52% | 85.07% | $55.4K | $47.1K | — | Supply |
| USDC/PT-reUSD | | 0.00% | 0.03% | 0.00% | $45.7K | $0.51 | — | Supply |
| USDCV/WBTC | | 63.19% | 63.19% | 100.00% | $38.8K | $38.8K | — | Supply |
| WETH/beraSTO | | 87.12% | 91.54% | 96.41% | $20.8K | $20.0K | — | Supply |
| AUSD/wstETH | | 3.58% | 3.90% | 91.87% | $1.7K | $1.6K | — | Supply |
| USDCV/wstETH | | 71.55% | 71.55% | 100.00% | $769.83 | $769.83 | — | Supply |
 DAI/USDe | | 0.03% | 0.06% | 45.24% | $147.73 | $66.83 | — | Supply |
| USDC/Wrapped-LP-sUSDE | | 297383.41% | 297455.38% | 100.00% | $133.88 | $133.87 | — | Supply |
| USDT/Wrapped-LP-sUSDE | | 0.00% | 0.03% | 2.55% | $60.68 | $1.55 | — | Supply |
| USDC/PT-wstUSR | | 0.00% | 0.03% | 0.01% | $57.83 | $0.01 | — | Supply |
| USDT/Wrapped-LP-eUSDE | | 297995.80% | 297995.80% | 100.00% | $33.28 | $33.28 | — | Supply |
| USDC/PT-eUSDE | | 297995.80% | 297995.80% | 100.00% | $17.03 | $17.03 | — | Supply |
 USDS/JOE | | 11.43% | 12.11% | 94.72% | $10.14 | $9.61 | — | Supply |
| USDC/USDCUSD | | 38656.49% | 38843.41% | 99.99% | $9.17 | $9.17 | — | Supply |
| USDC/PT-wsrUSD | | 275066.01% | 277648.94% | 99.95% | $7.19 | $7.19 | — | Supply |
| BOLD/WBTC | | 0.02% | 0.05% | 30.57% | $6.58 | $2.01 | — | Supply |
 USDe/PT-tUSDe | | 56.86% | 82.31% | 79.00% | $5.97 | $4.71 | — | Supply |
| eUSD/USD3 | | 0.00% | 0.03% | 9.48% | $5.57 | $0.53 | — | Supply |
| USDC/SPYx | | 0.00% | 0.27% | 0.00% | $5.00 | $0.00 | — | Supply |
| WETH/rsETH | | 0.00% | 0.03% | 1.04% | $4.16 | $0.04 | — | Supply |
| LBTC/eBTC | | 0.16% | 13.91% | 1.24% | $3.34 | $0.04 | — | Supply |
 tGBP/USDC | | 1.30% | 2.99% | 43.71% | $2.07 | $0.90 | — | Supply |
| USDT/PT-csUSDL | | 0.00% | 0.30% | 0.00% | $1.85 | $0.00 | — | Supply |
| AUSD/sUSDe | | 3.49% | 6.22% | 56.91% | $1.81 | $1.03 | — | Supply |
| USD0/USD0++ | | 13.11% | 40.32% | 37.56% | $1.72 | $0.65 | — | Supply |
 sUSDS/PT-wstUSR | | 0.00% | 13.34% | 0.00% | $1.49 | $0.00 | — | Supply |
| USDCV/LBTC | | 0.00% | 0.03% | 0.00% | $1.43 | $0.00 | — | Supply |
| USDT/thBILL | | 1.29% | 1.42% | 90.40% | $1.14 | $1.03 | — | Supply |
| USDC/stakeda | | 0.46% | 0.57% | 81.98% | $1.11 | $0.91 | — | Supply |
| USDT/sDAI | | 3.66% | 4.07% | 90.79% | $1.09 | $0.99 | — | Supply |
| USDC/AA_Falc | | 4.12% | 4.58% | 90.25% | $1.04 | $0.94 | — | Supply |
| USDS/PT-staking-USDS | | 3.67% | 4.08% | 90.24% | $1.02 | $0.92 | — | Supply |
Supply APY
5.04%
Borrow APY
6.25%
Utilization81.09%
Total Supply
$17.0M
Total Borrow
$13.8M
Supply APY
9.53%
Borrow APY
10.48%
Utilization91.35%
Total Supply
$15.4M
Total Borrow
$14.0M
Supply APY
2.28%
Borrow APY
2.53%
Utilization90.00%
Total Supply
$15.2M
Total Borrow
$13.6M
Supply APY
19.45%
Borrow APY
20.91%
Utilization93.60%
Total Supply
$2.9M
Total Borrow
$2.7M
Supply APY
4.86%
Borrow APY
5.78%
Utilization84.52%
Total Supply
$390.1K
Total Borrow
$329.7K
Supply APY
0.00%
Borrow APY
0.18%
Utilization2.39%
Total Supply
$330.7K
Total Borrow
$7.9K
Supply APY
0.82%
Borrow APY
0.91%
Utilization90.20%
Total Supply
$264.0K
Total Borrow
$238.1K
Supply APY
31.99%
Borrow APY
40.85%
Utilization81.05%
Total Supply
$152.8K
Total Borrow
$123.8K
Supply APY
5.40%
Borrow APY
5.97%
Utilization90.78%
Total Supply
$118.9K
Total Borrow
$108.0K
Supply APY
0.00%
Borrow APY
0.03%
Utilization0.00%
Total Supply
$45.7K
Total Borrow
$0.51
Supply APY
63.19%
Borrow APY
63.19%
Utilization100.00%
Total Supply
$38.8K
Total Borrow
$38.8K
Supply APY
87.12%
Borrow APY
91.54%
Utilization96.41%
Total Supply
$20.8K
Total Borrow
$20.0K
Supply APY
71.55%
Borrow APY
71.55%
Utilization100.00%
Total Supply
$769.83
Total Borrow
$769.83
Supply APY
297383.41%
Borrow APY
297455.38%
Utilization100.00%
Total Supply
$133.88
Total Borrow
$133.87
Supply APY
0.00%
Borrow APY
0.03%
Utilization2.55%
Total Supply
$60.68
Total Borrow
$1.55
Supply APY
0.00%
Borrow APY
0.03%
Utilization0.01%
Total Supply
$57.83
Total Borrow
$0.01
Supply APY
297995.80%
Borrow APY
297995.80%
Utilization100.00%
Total Supply
$33.28
Total Borrow
$33.28
Supply APY
297995.80%
Borrow APY
297995.80%
Utilization100.00%
Total Supply
$17.03
Total Borrow
$17.03
Supply APY
38656.49%
Borrow APY
38843.41%
Utilization99.99%
Total Supply
$9.17
Total Borrow
$9.17
Supply APY
275066.01%
Borrow APY
277648.94%
Utilization99.95%
Total Supply
$7.19
Total Borrow
$7.19
Supply APY
56.86%
Borrow APY
82.31%
Utilization79.00%
Total Supply
$5.97
Total Borrow
$4.71
Supply APY
0.00%
Borrow APY
0.30%
Utilization0.00%
Total Supply
$1.85
Total Borrow
$0.00
Supply APY
13.11%
Borrow APY
40.32%
Utilization37.56%
Total Supply
$1.72
Total Borrow
$0.65
Supply APY
0.00%
Borrow APY
13.34%
Utilization0.00%
Total Supply
$1.49
Total Borrow
$0.00
Supply APY
3.67%
Borrow APY
4.08%
Utilization90.24%
Total Supply
$1.02
Total Borrow
$0.92
Showing 1–50 of 109
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TVL History
TVL (USD)
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Morpho Blue Across Chains
Morpho Blue is deployed on 3 chains. Each deployment has independent liquidity pools and may offer different rates.
Compare Morpho Blue
See how Morpho Blue compares to other lending protocols in rates, TVL, and risk.
Morpho Blue is a permissionless lending primitive with isolated markets — each market has a single collateral/loan asset pair with immutable risk parameters (LLTV). Unlike pooled protocols, Morpho Blue markets are created by anyone and curated through MetaMorpho vaults that allocate liquidity across multiple markets. The protocol secures $6.7B across Ethereum, Base, Arbitrum with 109 markets. The best supply APY is 297995.80%, with 36.12% average utilization. Morpho Blue rate data is collected via GraphQL API every 5 minutes.