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) denominated in Wrapped BTC (WBTC). The protocol generates yield by matching borrowing demand against pooled WBTC liquidity and distributing the resulting interest spread to lenders. Total APY stands at 0.0%, with no base or reward components contributing to it. No trend data is available for either the 7-day or 30-day periods, making it impossible to compare current rates with historical performance. TVL currently sits at $715K without a reported change over the past week. The primary risk here is smart-contract exposure due to the reliance on automated market-making and lending protocols. This pool's liquidity depth supports typical utilization levels for its asset class within Morpho Blue’s lending framework.

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.