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 deposited as collateral. The protocol generates yield by routing borrowing demand against pooled liquidity and pays lenders from the resulting interest spread. Total APY stands at 0%, with no reward component, and there is no trend data available for the past week or month since both `apy_pct_7d` and `apy_pct_30d` are null values. The current rate aligns with the 30-day mean of 0%. TVL in the pool totals $12.9M, with no reported change over the last seven days. Primary exposure is to smart-contract risk due to the single-asset nature and lending category of the protocol. This liquidity depth supports typical borrowing activity within the Morpho Blue ecosystem.

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.