About this market
apxUSD is a lending market on Morpho Blue (Ethereum). Depositors supply apxUSD to the market and earn a variable interest rate paid by borrowers, who post PT-apyUSD-5NOV2026 as collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied apxUSD is borrowed at the time — so the market is used to earn on an idle apxUSD balance, or to borrow against collateral without selling it.
- Protocol
- Morpho Blue
- Chain
- Ethereum
- Asset
- apxUSD
- Collateral
- PT-apyUSD-5NOV2026
- Market type
- Isolated pair
- Yield accrual
- Variable rate, paid by borrowers
