Largest Morpho Blue market per stablecoin. Current supply APY, borrow APY, and utilization for USDC, USDT, and DAI on Ethereum. Click any column to sort. Educational only — not financial advice.
Supply APY is what a lender currently earns for depositing that stablecoin into the protocol's shared pool. Borrow APY is what a borrower pays to draw against it. Both float algorithmically with utilization — the share of supplied capital currently borrowed.
A wider supply/borrow spread generally signals higher utilization or a larger protocol reserve factor. Rates can move quickly during periods of high borrowing demand.
DeFi lending carries smart-contract, liquidation, and protocol risk distinct from simply holding the underlying asset. None of this is a buy/sell/lend/borrow signal. Educational only.
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Supply/borrow APY and utilization from Morpho Blue. A market is dropped when utilization is at the cap, APY sits outside 0–100%, or supplied assets are under $1M. Below the floor the row shows —.
This page is educational and for informational purposes only. It does not constitute financial advice. Editorial standards.