USDC lending market on Morpho Blue

About this market

USDC is a lending market on Morpho Blue (Ethereum). Depositors supply USDC to the market and earn a variable interest rate paid by borrowers, who post OETH as collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied USDC is borrowed at the time — so the market is used to earn on an idle USDC balance, or to borrow against collateral without selling it.

Protocol

Morpho Blue

Chain

Ethereum

Asset

USDC

Collateral

OETH

Market type

Isolated pair

Yield accrual

Variable rate, paid by borrowers