Fixed-rate lending
Fixed-rate markets
Borrow or lend USDG at a rate agreed up front, held until a set maturity date. The rate does not move with utilisation. Every loan must be repaid by maturity.
Markets mature 24 October 2026 at 00:00 UTC. Each market has its own date, and debt must be repaid by the date of the market it was opened in. After that, any position with debt can be liquidated regardless of health.
Nearest maturity
24 Oct
one maturity date
Time remaining
10d 3h
Markets
6
6 collaterals, one each
Rate
Fixed to maturity
Set when your offer is filled
How fixed differs
The rate is a price
Lenders quote a price for USDG owed at maturity. Paying 0.99 today for 1.00 at maturity is a 1.01% fixed rate for the term. It does not change after the offer is filled.
Maturity is a deadline
At maturity, debt stops growing and any position with debt can be liquidated, healthy or not. There is no automatic rollover. Repay before the date.
Lending is locked
A lender cannot withdraw on demand. Withdrawals draw only on USDG that borrowers have repaid or liquidations have returned. Until then, a withdrawal fails.
Markets (fixed rate)
USDG markets on Morpho Midnight, each against a single collateral, each with its own maturity. The list is discovered from the Midnight contract's own market-creation logs rather than a fixed list, so a new maturity shows up as soon as it exists; only markets using the collateral, LLTV and oracle Longbow curates are shown. Offers are read from the offer mempool.
ETH / USDGFixed
Matures 24 Oct · 10d 3h
LLTV
77.0%
Best borrow
28.81%
Matures
24 Oct
NVDA / USDGFixed
Matures 24 Oct · 10d 3h
LLTV
62.5%
Best borrow
31.84%
Matures
24 Oct
SGOV / USDGFixed
Matures 24 Oct · 10d 3h
LLTV
86.0%
Best borrow
31.84%
Matures
24 Oct
spUSDG / USDGFixed
Matures 24 Oct · 10d 3h
LLTV
91.5%
Best borrow
31.84%
Matures
24 Oct
SPY / USDGFixed
Matures 24 Oct · 10d 3h
LLTV
62.5%
Best borrow
31.84%
Matures
24 Oct
TSLA / USDGFixed
Matures 24 Oct · 10d 3h
LLTV
62.5%
Best borrow
31.84%
Matures
24 Oct
14 of 401 offers in the mempool are takeable right now. Each one is re-checked in your browser — canonical encoding, protocol validation, and a ratifier proof that really covers it — before it can be taken. The rest are not shown: 21 past their own expiry, 365 on markets not listed here, 1 that failed verification in your browser.
Your offers
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Your fixed-rate positions
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