Morpho Blue · Ethereum

CBBTC

Overview

The Morpho Blue CBBTC pool on Ethereum is a lending position where suppliers earn variable interest on Bitcoin-backed tokens, generated through the protocol's routing of borrowing demand against pooled liquidity and paying out from the resulting interest spread.

With no base or reward APY components, the total APY stands at 0%. No trend data for the past seven days or thirty days is available. The current rate aligns with the 30-day mean of 0%.

TVL in this pool totals $19.85M; there is no impermanent loss exposure due to its single-asset nature. Lending utilization on this pool reflects typical levels for Morpho Blue's lending category, indicating moderate activity and risk.

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.