Markets

Lend and borrow at variable rates in Morpho Markets.

vbWBTC
vbUSDC
WBTC / USDC86%
2.75%
Total Borrow
4.36M USDC$4.36M
Total Liquidity
846.00K USDC$845.61K
Lend Rate (6h)2.37%
Trusted By
Yearn OG USDC v2
Yearn Degen USDC v2
Steakhouse Prime USDC
Steakhouse Prime USDC v2
+2
Y
vbUSDC
yvvbETH / USDC77%
3.29%
Total Borrow
1.71M USDC$1.71M
Total Liquidity
497.75K USDC$497.52K
Lend Rate (6h)2.58%
Trusted By
Yearn OG USDC v2
Clearstar Core USDC v2
weETH
vbETH
weETH / WETH92%
1.79%
Total Borrow
665.62 WETH$1.34M
Total Liquidity
78.47 WETH$157.69K
Lend Rate (6h)1.82%
Trusted By
Yearn OG ETH v2
Y
vbUSDT
yvvbUSDC / USDT86%
3.51%
Total Borrow
710.52K USDT$709.87K
Total Liquidity
89.19K USDT$89.10K
Lend Rate (6h)3.11%
Trusted By
Yearn OG USDT v2
Clearstar Core USDT v2
Yearn OG USDT
weETH
vbUSDC
weETH / USDC86%
2.36%
Total Borrow
681.30K USDC$680.98K
Total Liquidity
64.39K USDC$64.36K
Lend Rate (6h)2.15%
Trusted By
Yearn Degen USDC v2
vbETH
vbUSDC
WETH / USDC86%
2.97%
Total Borrow
462.10K USDC$461.88K
Total Liquidity
103.49K USDC$103.44K
Lend Rate (6h)2.50%
Trusted By
Yearn OG USDC v2
Yearn Degen USDC v2
Steakhouse Prime USDC v2
Clearstar Core USDC v2
+2
avKAT
KAT
avKAT / KAT77%
4.78%
Total Borrow
82.01M KAT$267.01K
Total Liquidity
18.07M KAT$58.83K
Lend Rate (6h)3.90%
Trusted By
Yearn KAT v2
weETH
vbUSDT
weETH / USDT86%
2.83%
Total Borrow
261.81K USDT$261.57K
Total Liquidity
43.32K USDT$43.28K
Lend Rate (6h)2.42%
Trusted By
Yearn OG USDT v2
Clearstar Core USDT v2
Yearn OG USDT
F
vbUSDC
FXRP / USDC77%
5.50%
Total Borrow
173.34K USDC$173.26K
Total Liquidity
29.90K USDC$29.88K
Lend Rate (6h)4.67%
Trusted By
Clearstar Core USDC v2
F
vbUSDT
FXRP / USDT77%
6.01%
Total Borrow
146.03K USDT$145.89K
Total Liquidity
15.20K USDT$15.19K
Lend Rate (6h)5.43%
Trusted By
Clearstar Core USDT v2
Y
vbUSDC
yvvbWBTC / USDC77%
10.04%
Total Borrow
97.87K USDC$97.83K
Total Liquidity
21.82K USDC$21.81K
Lend Rate (6h)9.13%
Trusted By
Yearn OG USDC v2
Clearstar Core USDC v2
vbWBTC
vbUSDT
WBTC / USDT86%
3.30%
Total Borrow
92.86K USDT$92.78K
Total Liquidity
9.89K USDT$9.88K
Lend Rate (6h)2.98%
Trusted By
Yearn OG USDT v2
Clearstar Core USDT v2
Yearn OG USDT
S
vbUSDC
stcUSD / USDC86%
3.29%
Total Borrow
82.24K USDC$82.20K
Total Liquidity
8.89K USDC$8.89K
Lend Rate (6h)2.97%
Trusted By
Yearn Degen USDC v2
Clearstar Core USDC v2
avKAT
vbUSDC
avKAT / USDC63%
0.35%
Total Borrow
71.96K USDC$71.92K
Total Liquidity
20.04K USDC$20.03K
Lend Rate (6h)0.31%
Trusted By
Yearn Degen USDC v2
Y
vbUSDC
yUSD / USDC86%
> 10000%
Total Borrow
63.96K USDC$63.93K
Total Liquidity
0.00 USDC$0.00
Lend Rate (6h)> 10000%
Trusted By-
avKAT
vbUSDT
avKAT / USDT63%
1.22%
Total Borrow
40.10K USDT$40.07K
Total Liquidity
10.13K USDT$10.12K
Lend Rate (6h)0.96%
Trusted By
Yearn OG USDT v2
Yearn OG USDT
Y
vbUSDC
yvvbUSDT / USDC86%
0.38%
Total Borrow
30.55K USDC$30.53K
Total Liquidity
13.23K USDC$13.23K
Lend Rate (6h)0.37%
Trusted By
Yearn OG USDC v2
Clearstar Core USDC v2
LBTC
dUSD
LBTC / dUSD77%
> 10000%
Total Borrow
28.45K dUSD$28.42K
Total Liquidity
0.05 dUSD$0.05
Lend Rate (6h)> 10000%
Trusted By-
vbETH
vbUSDT
WETH / USDT86%
2.29%
Total Borrow
20.57K USDT$20.55K
Total Liquidity
11.39K USDT$11.38K
Lend Rate (6h)1.47%
Trusted By
Yearn OG USDT v2
Clearstar Core USDT v2
Yearn OG USDT
Y
vbETH
yvvbUSDC / WETH77%
0.23%
Total Borrow
7.71 WETH$15.50K
Total Liquidity
1.66 WETH$3.34K
Lend Rate (6h)0.20%
Trusted By
Yearn OG ETH v2
LBTC
vbUSDC
LBTC / USDC86%
0.32%
Total Borrow
12.17K USDC$12.16K
Total Liquidity
468.49 USDC$468.27
Lend Rate (6h)0.30%
Trusted By
Clearstar Core USDC v2
Steakhouse High Yield USDC v2
weETH
vbUSDT
weETH / USDT77%
17.54%
Total Borrow
11.71K USDT$11.70K
Total Liquidity
890.71 USDT$889.90
Lend Rate (6h)16.21%
Trusted By
Yearn OG USDT

KATANA BORROW MARKETS

Katana Borrow | Live Crypto Lending Markets & DeFi Rates

Compare Katana lending markets by collateral, loan asset, LLTV, total borrow, available liquidity and displayed variable rates. Use the market table to evaluate borrowing conditions across supported assets.

Borrow on Katana

Review collateral and loan pairs before opening a position. Borrowing lets you access liquidity without selling the collateral you supply.

Compare Borrow & Lend Rates

Borrow and lend rates are variable. Compare displayed rates together with market liquidity and total borrowed value rather than relying on APY alone.

LLTV & Collateral Risk

Each lending market has its own LLTV and collateral configuration. Keeping a position well below its limit gives more room for market price changes.

Katana DeFi Markets

Markets can include WBTC, WETH, USDC, USDT, KAT-related collateral and other supported assets as lending liquidity becomes available.

Katana Borrow FAQ

How does borrowing work on Katana?

Supply accepted collateral, choose a compatible loan asset and borrow within the market's collateral limit. Interest accrues at the displayed variable borrow rate.

What is LLTV?

LLTV is the lending market's loan-to-value limit. It is a key risk parameter when deciding how much to borrow against collateral.

Are borrow and lend rates fixed?

No. Rates can move as utilization, available liquidity and market conditions change.

What should I compare before borrowing?

Compare the collateral asset, loan asset, LLTV, available liquidity, total borrow and current displayed borrow rate for the specific market.