DeFiEarns

Borrow APYUSD: cheapest DeFi loan rates

4 lending markets for APYUSD with live borrow APY, the matching supply APY, market size and loan-to-value. Sorted by total borrowed so deep, well-tested markets come first.

7.08%
Cheapest borrow APY on this page
4
Markets
$31.0M
Borrowed, this page
AssetProtocolChain Borrow APY Supply APY Supplied Borrowed ▾ LTV
APYUAPYUSDmints USDC Morpho Blue Ethereum 7.08% 0.00% $17.4M $13.1M 86% Borrow ↗
PTPT-APYUSD-5NOV2026mints APXUSD Morpho Blue Ethereum 27.44% 0.00% $8.4M $6.5M 92% Borrow ↗
APYUAPYUSDmints APXUSD Morpho Blue Ethereum 23.53% 0.00% $7.7M $5.9M 86% Borrow ↗
PTPT-APYUSD-5NOV2026mints USDC Morpho Blue Ethereum 8.27% 0.00% $7.7M $5.6M 86% Borrow ↗

Want to earn instead? See APYUSD interest rates for the supply side of these markets plus staking and liquidity pools.

Questions people ask

What is the cheapest rate to borrow APYUSD?
On this page the lowest borrow APY for APYUSD is 7.08% at Morpho Blue on Ethereum, with $17.4M supplied to the market.
Where can I lend APYUSD instead?
Supply-side rates for the same markets are on the APYUSD interest rates page, together with staking and liquidity pool yields.