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). The protocol generates yield by routing borrowing demand against pooled cBTC liquidity and distributing the resulting interest spread to lenders. Total APY stands at 0.0%, with no additional reward component. There is no trend data available for both the 7-day and 30-day periods, as neither `apy_pct_7d` nor `apy_pct_30d` are provided. TVL currently sits at $1.74M; this pool does not expose suppliers to impermanent loss risk due to its single-asset nature. The primary risk here is smart-contract risk inherent in all lending protocols, alongside the volatility of Bitcoin-backed tokens.

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.