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Stable
EVM Chain
Live since DEC 2025
#1 of 1 lending protocols
Active Loans
$17.16M
30d +6.5%
Borrow Interest
$883.41K
annualized
Net Interest Margin
67 bps
weighted spread
Utilization
39.6%
loans ÷ deposits
Active Loans 30d Δ
+6.5%
vs 30 days ago
TVL
$33.93M
share 100.0%
Lending TVL on Stable. Top 1 Protocols
Top 1 lending protocols on Stable by TVL. 7-day moving average.
Morpho
Top Markets on Stable
| Market | Total Supply | Active Loans | Utilization | Supply APY | Borrow APY | Borrow Interest |
|---|---|---|---|---|---|---|
| sthUSD / USDT086% LLTV | $18.61M | $16.83M | 90.4% | 4.72% | 5.23% | $880.74K |
| sthUSD / USDT077% LLTV | $857.87K | $212.94K | 24.8% | 0.30% | 1.21% | $2.58K |
| thBILL / USDT095% LLTV | $186.09K | $118.06K | 63.4% | 0.05% | 0.08% | $91.96 |
| XAUt0 / USDT077% LLTV | $0.14 | $0.13 | 94.0% | 3.37% | 3.58% | $0 |
| LBTC / USDT086% LLTV | $0.14 | $0.13 | 93.6% | 1.88% | 2.01% | $0 |
| BTC.b / USDT086% LLTV | $0.13 | $0.12 | 91.5% | 0.29% | 0.32% | $0 |
| sfrxUSD / USDT086% LLTV | $0.12 | $0.11 | 92.0% | 0.45% | 0.49% | $0 |
| thBILL / USDT095% LLTV | $0 | $0 | 0.0% | 0.00% | 0.27% | $0 |
Top Vaults on Stable
| Name | Curator | Asset | TVL | Net APY | Fee | Curator Fees 30d | 30d Δ TVL |
|---|---|---|---|---|---|---|---|
| USDT0 Balanced | Gauntlet | USDT0 | $1 | 1.18% | 10.0% | $0 | +$0 |
| usdt staging | unattributed | USDT0 | $0 | 0.00% | 0.0% | $0 | +$0 |
Curator Presence on Stable
| Curator | Vaults Here | TVL on Chain | Curator Fees (Ann.) | Weighted Net APY | Global TVL |
|---|---|---|---|---|---|
| Gauntlet | 1 | $1 | $0 | 1.18% | $653.88M |
Loan Asset Mix. What Morpho Lends on Stable
- Stablecoins· top USDT0$19.6M100.0%
Stablecoins make up 100.0% of Morpho supply on this chain. Top stable: USDT0 ($19.6M).
Collateral Mix. What Backs Loans on Stable
- Stablecoins· top sthUSD$23.5M99.5%
- Other· top thBILL$128.2K0.5%
- BTC-pegged· top BTC.b$40.80.0%
Stablecoins make up 99.5% of Morpho supply on this chain. Top stable: sthUSD ($23.5M).
Interest Flow Attribution
Annualized borrow interest paid by borrowers on Stable: $883.41K
100%
- To Lenders · via vaults$0.05 0%
- To Lenders · direct supply$883.41K 100%
- To Curators$0 0%
- To Morpho DAO (fee switch off)$0 0%
Lender yield = borrow interest − curator fees − protocol fees · vault/direct split by vault supply share (0.0%)
Supply Rates vs Competitors on Stable
Morpho supply APY against the best competing venue, per asset.
No assets with both a Morpho market and a competitor market on this chain
As of 2026-07-24 · loan-book metrics from Morpho market/vault state