Morpho Blue · Stable

STHUSD

Overview

The Morpho Blue STHUSD pool on Stable is a single-asset lending position where suppliers earn variable interest on short-term US dollar stablecoin deposits. Morpho Blue generates yield by routing borrowing demand against pooled liquidity and distributing the resulting interest spread to lenders. This pool competes with other similar venues for STHUSD on the Stable chain.

The total APY stands at 0%. Trend data is not available for this pool, so there are no recent changes or comparisons to a 30-day mean to report. The lack of trend information means that yield stability cannot be assessed based on historical performance.

TVL currently sits at $0. With no TVL change data available, the liquidity level remains unchanged. Primary exposure here is smart-contract risk due to the protocol's reliance on code execution for interest distribution and borrowing operations. Given its current status with zero liquidity, there are no borrower flows affecting supply-side rates or utilization levels.

Composed 2026-05-23 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.