Morpho Blue · Ethereum
SENPYUSDMAIN
Current APY
5.53%
base 2.63% · reward 2.90%
TVL
$398.35M
APY -1.33% 7d
Risk signals
Overview
Morpho Blue's SENPYUSDMAIN pool on Ethereum is a single-asset stablecoin lending protocol offering yield on USD-denominated assets. The pool delivers a total APY of 4.3585 percent, composed of a base yield of 1.3304 percent and reward APY of 3.0281 percent. Over the past seven days, APY declined 0.4194 percent, while the 30-day trend shows a steeper 0.8773 percent decrease from a 30-day mean of 5.9138 percent. The pool currently holds 288.2 million USD in total value locked, with trend data on weekly TVL changes unavailable. As a stablecoin pool, the primary risk is depeg exposure; smart-contract risk also applies to the underlying protocol.
Composed 2026-05-18 from the structured data above. See methodology for the full pipeline.
Risk profile
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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.
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Depeg risk
The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.
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Yield variability
Current APY is 5.53%; 30-day mean is 5.99%. Yields can change as TVL and incentive emissions change.
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DefiLlama yield prediction
DefiLlama's model classifies this pool's yield as "Down" with 65% confidence based on historical patterns.
These notes are derived from the pool's structured data, not editorial advice. See our methodology.
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FAQ
› What is the current APY for Morpho Blue SENPYUSDMAIN on Ethereum?
The current total APY is 5.53%. Base yield: 2.63%. Reward yield: 2.90%.
› What is the TVL of this pool?
Total value locked is $398.35M as of the last data refresh.
› Is there impermanent loss risk?
No. This pool is single-asset and has no impermanent loss exposure.
› Is this a stablecoin pool?
Yes. The pool is built on stablecoins, so the primary risk is depeg events rather than directional price moves.
› How often is this APY updated?
We refresh APY and TVL hourly from DefiLlama. Daily snapshots are stored to power the historical chart on this page.
Last updated 2026-10-04. See methodology for how we collect and refresh this data.