Morpho Blue · Monad

CBBTC

Overview

The Morpho Blue CBBTC pool on Monad is a single-asset lending position where suppliers earn variable interest on Bitcoin-backed tokens. Morpho Blue generates yield by routing borrowing demand against pooled liquidity and paying suppliers from the resulting interest spread. This pool stands as one of several venues for this asset on Monad.

Total APY is 0%, with no base or reward components contributing to it. Trend data is not available for this pool, meaning there are no recent changes in APY to report. The current rate aligns exactly with the 30-day mean of 0%.

TVL holds at $21,365, showing stability based on the absolute number. Primary exposure here is smart-contract risk, as it applies to all lending pools not involving stablecoins or multi-assets. Utilisation on this pool remains low, which typically keeps supply-side rates responsive to borrower demand but also indicates limited active borrowing activity.

Composed 2026-05-22 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.