{"_id":"token-804340","name":"Morpho Blue — GPYUSDSE lending on Stable","ticker":"DL-MORPHOBLUE-GPYUSDSE-STABLE","pillar":"Fixed Income","type":"DeFi Lending","category":"DeFi Lending","description":"Morpho Blue (Lending) pool for GPYUSDSE on Stable: 9% APY (2.26% base + 6.74% in reward tokens) on $14.6M deposited, as read by DefiLlama on 2026-11-12; 30-day average 9.01%. A stablecoin deposit: the rate floats with borrowing demand. Smart-contract risk applies. Figures from DefiLlama’s open yields data, refreshed daily.","apy":"9% (variable, DefiLlama 2026-11-12)","risk":"Not rated (imported)","minInvestment":"None","issuer":"Morpho Blue (protocol)","yieldSource":"Interest paid by borrowers","maturity":null,"term":null,"liquidity":"Withdraw subject to pool utilization","aum":"$14.6M","network":"Stable","country":"Decentralized protocol","custody":"Self-custody (smart contract)","howToBuy":"Deposit through Morpho Blue (app.morpho.org) from a self-custody wallet","rating":null,"kyc":"Not stated by the source","networkFee":null,"networkFeeUsd":null,"investUrl":"https://app.morpho.org","source":"https://defillama.com/yields/pool/7fd83ff8-a794-53fc-8652-7453a856c2b9","lastVerified":"2026-11-12","featured":false,"apyPct":9,"apyPctLow":null,"apyPctHigh":null,"apyKind":"variable","minInvestmentUsd":null,"custodyType":"self","access":{"kycMint":"unknown","kycSecondary":"unknown","kycRedeem":"unknown","accreditedOnly":false,"whitelistRequired":false},"verified":"imported","isin":null,"underlyingSymbol":null,"underlyingIsin":null,"lifecycle":"live","maturityDate":null,"contract":null,"targetArea":[],"areas":[],"_links":{"page":"https://tokenbank.world/token/DL-MORPHOBLUE-GPYUSDSE-STABLE","all":"https://tokenbank.world/api/tokens"},"_disclaimer":"Sourced figures; yields are variable and not guaranteed. Target/Area describe who the issuer aims the product at and where. They are not an eligibility check — who may buy is set by the issuer. Not investment advice. Verify the source before relying on any figure."}