Morpho Blue · Stable

HYPERUSDTC

Overview

The Morpho Blue STABLEUSDT pool on Stable is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol channels borrowing demand against pooled liquidity and distributes the resulting interest to lenders.

Total APY stands at 2.20%, with no additional reward component. Over the past seven days, the rate has increased by 0.02%, while there is no trend data available for the last thirty days. This current rate exceeds the 30-day mean of 1.94%.

TVL in this pool totals $5.01M; a specific 7-day change is not provided. The primary risk here involves depegging of the underlying stablecoin, which could erode deposit value. Stablecoin lending pools typically see moderate utilization rates that reflect borrowing demand and lender supply dynamics.

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.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 0.10%; 30-day mean is 0.01%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 63% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.