Morpho Blue · Ethereum

WBTC

Overview

The Morpho Blue WBTC pool on Ethereum is a single-asset lending position where suppliers earn variable interest on Bitcoin (BTC) wrapped tokens deposited as WBTC. The protocol generates yield by routing borrowing demand against pooled liquidity and distributing the resulting interest to lenders. Total APY stands at 0%, with no additional reward component. There is no trend data available for both the 7-day and 30-day periods, as `apy_pct_7d` and `apy_pct_30d` are null values. The current rate matches the 30-day mean of 0%. TVL currently sits at $5.4M with no reported change over the past week. Primary exposure here is smart-contract risk due to the nature of the lending protocol. Utilisation on this pool reflects typical levels for its asset and category within the DeFi 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.