About this market
USDS is a lending market on Morpho Blue (Ethereum). Depositors supply USDS to the market and earn a variable interest rate paid by borrowers, who post stUSDS as collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied USDS is borrowed at the time — so the market is used to earn on an idle USDS balance, or to borrow against collateral without selling it.
- Protocol
- Morpho Blue
- Chain
- Ethereum
- Asset
- USDS
- Collateral
- stUSDS
- Market type
- Isolated pair
- Yield accrual
- Variable rate, paid by borrowers