Risk

How close borrowers are to being liquidated. Morpho today; Kamino and Euler next.

Within 5% of liquidationDebt liquidated by a price drop of 5% or less.
50.7%50.7005% Morpho · 10 Nov, 08:03 UTC
$471M$471,080,875 Morpho · 10 Nov, 08:03 UTC of $929M$929,144,766 Morpho · 10 Nov, 08:03 UTC borrowed

Key metrics

  • BorrowersPer market: a wallet in two markets counts twice.1,204Morpho · 10 Nov, 08:03 UTC
  • Top 10 borrowers’ share—Morpho reports each market’s top 1 and top 5 only
  • Liquidated, since 11 Aug$36.1M$36,139,066 Morpho · 11 Nov, 00:00 UTC·40Morpho · 11 Nov, 00:00 UTC
  • Bad debt$0Morpho · 11 Nov, 00:00 UTC
About this data

Within 5% of liquidation. Share of debt that would be liquidated if the collateral price fell 5% or less.

Borrowers. Counted per market, so a wallet borrowing in two markets counts twice.

Liquidated, since 11 Aug. Debt repaid in liquidations, valued at the loan token’s price today.

Bad debt. Debt left unpaid after liquidations in the last 90 days.

Debt by how far the collateral price can fall before the position is liquidated
$300M$200M$100M$0$195M< 2%21.0%$276M2 – 5%29.7%$242M5 – 10%26.0%$115M10 – 20%12.4%$29M20 – 30%3.1%$72M> 30%7.7%

Morpho Blue only. Kamino and Euler borrower positions aren’t read yet.

About this data

Source: Morpho API (borrower positions).

How hard collateral is pushed

by loan-to-valueLoan-to-value: most you can borrow per collateral dollar.
90%+up to 10x+$731M$731,179,624 Morpho · 10 Nov, 08:01 UTC
85 – 90%up to 7–10x$417M$417,375,405 Morpho · 10 Nov, 08:01 UTC
80 – 85%up to 5–7x$0Morpho · 10 Nov, 08:01 UTC
70 – 80%up to 3–5x$18.3M$18,321,138 Morpho · 10 Nov, 08:01 UTC
Under 70%up to under 3x$0Morpho · 10 Nov, 08:01 UTC
About this data

Collateral in Morpho markets by the loan-to-value at which they liquidate, and the most leverage that allows.

Liquidations by week

since 11 Aug
11 Aug8 Sep13 Oct10 Nov
25 Aug · PT-reUSD-10DEC2026 · 33$36.1M$36,138,196 Morpho · 11 Nov, 00:00 UTC

+7 smaller

About this data

Debt repaid in each liquidation is valued at the loan token’s price today.

Largest single borrower

share of each token’s debt

About this data

The largest single position in one market, as a share of the token’s Morpho debt.

Risk by token

Morpho
Token used as collateralBorrowedBorrowersPer market: a wallet in two markets counts twice.Top 5 shareDebt share of the five largest borrowers.Avg distance to liquidationHow far the price can fall before liquidation.Max LTVLoan-to-value: most you can borrow per collateral dollar.
syrupUSDC$60.9M$60,936,819 15694.66%94.6559% 2.6%2.5948% 91.5%↗
syrupUSDG$208M$207,790,978 8971.53%71.5305% 2.7%2.6746% 91.5%↗
mGLO$137M$136,998,397 1897.59%97.5891% 4%4.0082% 91.5%↗
reUSD$159M$159,341,653 41335.32%35.3233% 8.6%8.6317% 91.5%↗
USPC$19.7M$19,711,051 6100.00%100% 8.3%8.2657% 91.5%↗
USD3$53.0M$53,038,856 32376.34%76.3394% 8.6%8.6211% 86% – 91.5%↗
sUSDat$339.0K$338,996 4499.14%99.1355% 16.6%16.5898% 86% – 91.5%↗
syrupUSDT$81.1K$81,126 5100.00%100% 10.3%10.3039% 91.5%↗
mF-ONE$18.5M$18,482,442 1195.50%95.5007% 16.1%16.0532% 91.5%↗
vUSD$134.8K$134,815 1100.00%100% 43.9%43.9462% 91.5%↗
PST$95.2M$95,192,167 3491.42%91.4187% 17.4%17.4339% 86%↗
PRIME$165M$164,856,080 8567.75%67.7456% 14.9%14.8722% 86%↗
AUTO$440.7K$440,719 2100.00%100% 16.9%16.8574% 86%↗
nvPRIME$280.9K$280,899 5100.00%100% 43.6%43.6045% 86%↗
reUSDe$131.7K$131,747 2100.00%100% 1.1%1.0531% 77%↗
mGLOeuro$5.1M$5,073,966 1100.00%100% 10.5%10.4589% 77%↗
oTFY$851.4K$851,393 2100.00%100% 63.3%63.3029% 77%↗
AA_FalconXUSDC$4.8M$4,834,509 4100.00%100% 9.2%9.2332% 77%↗
mWIN$628.2K$628,153 3100.00%100% 5%5.0408% 77%↗
19 of 19 · 19 tokens · — = not reported
About this data

Source: Morpho API (borrower positions) · 10 Nov 2026, 08:03 UTC. Borrowers are counted per market; a token in several markets shows its debt-weighted top-5 share and distance.