Put your capital to work.

Lend USDC to the market, or use sUSDfr as collateral to borrow USDC. Manage your position directly on Morpho, with variable rates and Ethereum settlement.

LenderUSDC

MorphoUSDC / sUSDfr

sUSDfrBorrower

Lend USDCVariable utilizationBorrow against collateral

USDC / sUSDfr

Ethereum · Morpho Blue · 86% liquidation LTV

Total lent: —
Available liquidity: —
Lending APR · variable: —
Borrowing APR · variable: —

Current market figures are unavailable. Refresh before making a decision.

Connect your wallet to manage a position.

Lend USDC

Supply USDC directly to this market and receive lending shares. Interest is variable, and withdrawals depend on unborrowed liquidity.

USDC

I understand the market risks, including credit losses, liquidation and limited withdrawal liquidity.

Connect your wallet to manage a position.

Your position

USDC lent: —
USDC borrowed: —
sUSDfr collateral: —
Collateral value · USDC: —

Connect a wallet to see your lending balance, collateral and debt.

How this market works

Lenders earn variable interest from USDC borrowers. Withdrawals depend on available liquidity. Borrowers deposit sUSDfr before borrowing and must maintain collateral above the liquidation threshold.

sUSDfr carries the underlying credit book's gains and losses. Its redemption queue and the market's liquidation process can limit exits. USDC lending here is a separate position from staking USDfr.

The PT market is not open on this page.

Buy USDfr or stake into sUSDfr →

Verify the market

Market ID: 0xf25b12a81e96dfcc882038cd53ec32a6d74ac46186c867ade041d1cf34e2e897

Oracle: 0xa60a8c2824A2696D9D3ff05870cfa3c01BF9C4Eb

Morpho Blue on Etherscan