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TVL $30MAPY 4.65%medium riskUpdated Feb 1, 2025

Morpho USDC / mF-ONE

Isolated lending market on Morpho Blue where USDC suppliers earn yield from borrowers using Maple Finance ONE tokens as collateral.

ProtocolMorpho
Networkethereum
SymbolUSDC/MF-ONE
CategoryMoney Markets
Underlying Assets
USDCmF-ONE
Contract Address0xef2c308b5abecf5c8750a1aa82b47c558005feb7a03f4f8e1ad682d71ac8d0ba

What is Morpho USDC / mF-ONE?

Morpho USDC / mF-ONE is an isolated lending market where USDC is the loan asset and Maple Finance ONE (mF-ONE) tokens serve as collateral. This market enables institutional DeFi participants to access liquidity against their Maple positions.

How This Market Works

Institutional DeFi lending:

  1. USDC suppliers earn yield from borrowers
  2. Borrowers pledge mF-ONE as collateral
  3. Interest rates adjust with utilization
  4. Liquidations protect lenders
Maple Collateral: mF-ONE represents Maple Finance pool participation.

What Assets Are Involved

Supply Asset: USDC (USD Coin) Collateral Asset: mF-ONE (Maple Finance ONE) Network: Ethereum mainnet Market Type: Institutional DeFi lending

mF-ONE characteristics:

  • Maple Finance pool token
  • Institutional lending exposure
  • Fixed income characteristics
  • Professional borrower pools

Maple Finance Integration

Maple Protocol provides:

  • Institutional lending infrastructure
  • Professional borrower vetting
  • Fixed-rate lending markets
  • Credit delegation framework

Use Cases

Borrowers use this market for:

  • Liquidity without exiting Maple positions
  • Leveraging institutional yield
  • Capital efficiency on fixed income
  • DeFi collateral on institutional assets

Risk Disclosures

Smart Contract Risk: Morpho Blue, USDC, and Maple contracts. Maple Protocol Risk: mF-ONE value tied to Maple pool performance. Credit Risk: Underlying Maple borrowers may default. Oracle Risk: mF-ONE pricing complexity. Utilization Risk: USDC withdrawal limitations possible. Institutional Risk: Professional borrower concentration. Liquidity Risk: mF-ONE secondary market depth. Nested Protocol Risk: Multiple protocol dependencies.
Disclaimer: APY and TVL figures are based on on-chain data and may fluctuate. Past performance does not guarantee future results. DeFi investments carry smart contract, market, and liquidity risks. This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.

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