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 (cBTC). Morpho Blue generates yield by routing borrowing demand against pooled cBTC liquidity and paying suppliers from the resulting interest spread. This pool stands as one of several venues for cBTC lending on Ethereum.

Total APY is 0%. Trend data is not available for this pool, so there is no information on recent changes or comparisons to a 30-day mean. Without trend patterns, it's unclear if yield conditions are expanding, compressing, or stable.

TVL holds at $130K with no reported change over the past week, indicating stability in terms of absolute size. Primary exposure for this pool is smart-contract risk due to its lending nature. Utilisation on this pool remains within typical ranges for the asset and protocol category, suggesting that supply-side rates are responsive to borrower demand.

Composed 2026-05-22 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.