Morpho Blue · Ethereum

LBTC

Overview

The Morpho Blue LBTC pool on Ethereum is a single-asset lending position where suppliers earn variable interest on Bitcoin-backed token deposits. Borrowing demand against pooled LBTC liquidity generates the yield for lenders. Total APY stands at 0%, with no trend data available over both 7-day and 30-day periods, as there are no historical averages to compare against. TVL is $5.35M; this pool faces smart-contract risk due to its reliance on a single asset without impermanent loss exposure. The protocol's lending category exposes users to fluctuating interest rates based on market demand for LBTC borrowings.

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.