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DAI

DAI markets

Every market here lends DAI and measures in it — every figure on this page is a quantity of DAI, never dollars. A market’s loan-to-value is its whole risk surface: the borrow limit and the liquidation line at once, fixed when the market was created. Sizes are the balance each market last settled, left as the contract stores them; the rates are live.

Chain snapshot · block 25,884,917 · every market’s state read from the Morpho Blue singleton · roster censused at block 25,540,377

36 markets · 27 hold supply · 25 have borrowing2.53M supplied · 2.05M borrowed, in DAI · 81% utilisation4.57B DAI exists

The markets that carry the book

Biggest book first. The bar is borrow ÷ supply, the one aggregate ratio Blue keeps; the lltv beside it is the market’s whole risk surface. Sizes are the balance each market last settled, never projected forward; the rates are live.

collateralborrow ÷ supplylltvsuppliedutilisationborrow aprsupply aprfeemarket
sUSDe
86.0%1.43Mutil 89%5.32% borrow4.75% supplyfee 0%0x39d1…af48oracle
sUSDe
91.5%634.7kutil 86%5.58% borrow4.82% supplyfee 0%0x1247…6b28oracle
idle — no collateral
0.0%216.7kutil 0%no IRMno IRMfee 0%0x57f4…557fno oracle
USDe
86.0%133.5kutil 86%5.29% borrow4.57% supplyfee 0%0xc581…b67foracle
PT-USDe-31JUL2025
91.5%48.8kutil 90%3.36% borrow3.04% supplyfee 0%0x760b…2ae9oracle
USDe
91.5%33.2kutil 93%27.78% borrow25.82% supplyfee 0%0x8e6a…d02coracle
sUSDe
94.5%28.2kutil 91%3.32% borrow3.01% supplyfee 0%0xe475…34d9oracle

20 more funded markets, each below 0.1% of the book

Funded, and real, and each holding less than a thousandth of what the markets above hold between them. Every figure on their rows carries the same receipt as the rows above.

Show 20 markets
collateralborrow ÷ supplylltvsuppliedutilisationborrow aprsupply aprfeemarket
PT-sUSDE-25SEP2025
91.5%440.38util 15%0.04% borrow0.01% supplyfee 0%0xc6ae…b5e3oracle
USDe
77.0%147.81util 45%0.06% borrow0.03% supplyfee 0%0xfd84…e86foracle
sUSDe
77.0%105.03util 12%16.46% borrow1.95% supplyfee 0%0x42dc…7536oracle
PT-sUSDE-27MAR2025
91.5%99.86util 92%296.35% borrow271.48% supplyfee 0%0x5e3e…bfa7oracle
PT-sUSDE-26DEC2024
91.5%82.65util 100%712.33% borrow712.33% supplyfee 0%0xe377…941coracle
PT-sUSDE-29MAY2025
91.5%59.47util 16%3.81% borrow0.59% supplyfee 0%0x407d…7905oracle
PT-eUSDE-29MAY2025
91.5%34.26util 100%675.62% borrow675.62% supplyfee 0%0xae45…c8f1oracle
PT-sUSDE-24OCT2024
86.0%27.54util 83%132.34% borrow109.48% supplyfee 0%0x8f46…0748oracle
PT-sUSDE-31JUL2025
91.5%16.54util 90%3.28% borrow2.95% supplyfee 0%0xb81e…e2eforacle
PT-USDe-27MAR2025
91.5%8.02util 100%10.52% borrow10.51% supplyfee 0%0xab0d…e4d8oracle
PT-USDS-14AUG2025
96.5%5.53util 91%1.06% borrow0.96% supplyfee 0%0xa458…0d8foracle
wstETH
86.0%2.02util 46%0.06% borrow0.03% supplyfee 0%0xd95c…44e1oracle
sDAI
98.0%1.97util 1%0.03% borrow0.00% supplyfee 0%0xb1ea…4f77oracle
PT-USDe-25SEP2025
91.5%1.22util 97%8.81% borrow8.58% supplyfee 0%0x45d9…bb21oracle
USDe
94.5%1.17util 27%0.05% borrow0.01% supplyfee 0%0xdb76…3094oracle
PT-eUSDE-14AUG2025
91.5%1.11util 91%44.21% borrow40.19% supplyfee 0%0x1fd0…f033oracle
PT-syrupUSDC-28AUG2025
91.5%1.07util 0%3.80% borrow0.00% supplyfee 0%0xbd29…e7f3oracle
WBTC
86.0%1.03util 90%23.63% borrow21.33% supplyfee 0%0x06cb…841boracle
CANA
86.0%1util 100%0.52% borrow0.52% supplyfee 0%0xdbe1…3f84oracle
PT-sUSDE-24OCT2024
86.0%0.9util 100%603.99% borrow603.99% supplyfee 0%0x5bad…1560oracle

Created, never funded

9 DAI markets hold no supply at this block. Creating a market on Blue is permissionless and costs only gas, so most of them were simply never used — they carry the parameters they were born with and nothing else. They are listed because the roster is the protocol’s, not ours; markets born with the same collateral and the same loan-to-value are one line with a count.

Show 9 empty markets
ysUSDS / DAI · 98.0%YT-USDe-27MAR2025 / DAI · 91.5%PENDLE-LPT / DAI · 91.5%wstETH / DAI · 86.0%PENDLE-LPT / DAI · 86.0%YT-eUSDE-14AUG2025 / DAI · 86.0%0x9f8f…79a2 / DAI · 77.0%LDO / DAI · 77.0%MT / DAI · 77.0%