Docs
Supplying & earning
Earn real yield by supplying Stock Tokens.
Depositing Stock Tokens is how you unlock borrowing power. Collateral stays marked to market by each Morpho market's oracle. Note that in Morpho Blue, collateral itself does not earn yield— yield goes to USDG lenders.
Where the yield comes from
Borrowers pay interest on their USDG debt. That interest flows to the USDG lenders in that market — the supply APY shown in the markets table. Higher utilization ⇒ higher APY for lenders. You can lend USDG directly through any Morpho front-end (including the vaults that power Robinhood Earn) using the same markets.
Withdrawing
- You can withdraw any collateral that isn't securing debt.
- Withdrawals that would push a market position past its LLTV revert on-chain — Morpho keeps you solvent by construction.
- No lock-ups — deposit and withdraw freely.