Morpho Blue · Ethereum

CBBTC

Overview

The Morpho Blue CBBTC pool on Ethereum is a single-asset lending position where suppliers earn variable interest on Bitcoin-backed tokens. Morpho Blue generates yield by routing borrowing demand against pooled liquidity and paying lenders from the resulting interest spread. Total APY stands at 0%, with no reward component, and there is no trend data available for either the 7-day or 30-day periods compared to a 30-day mean of 0%. TVL currently sits at $37.68M without any reported change over the past week. The primary exposure here is smart-contract risk due to the nature of the lending protocol, and typical utilization rates for this type of pool are observed within expected ranges.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.