Open market
Morpho Blue · Robinhood Chain · Lending
Data observed Aug 26, 2026, 6:22 AM UTC
USDG · Morpho Blue · Robinhood Chain · Lending
7.12%current APY
Moderate observed risk · Medium evidence confidence
Updated 20m ago
Base 3.2624% · Incentive 3.8623%
Most of the current APY comes from token incentives.
Reward assets: REWARD
TVL reflects observed liquidity, not safety.
The reported yield primarily comes from borrower interest paid into this lending market. Separately reported token incentives account for 3.86 percentage points of the current APY.
Yield may fall if borrowing demand decreases or token incentives are reduced.
Moderate observed risk · Medium evidence confidence
Yield.ly's risk assessment summarizes observable factors and data coverage. It is not an audit, credit rating, guarantee, or recommendation. Smart contracts, assets, protocols, custodians, and market conditions can fail in ways the model does not detect.
Strengths
Concerns
User deposits USDG. Funds enter Morpho Blue on robinhood-chain. Morpho Blue depends on Chainlink oracle. Contracts are upgradeable or governance-controlled. Exit via withdrawal from lending market.
Flexible withdrawal is typical for lending markets unless a lockup is reported.
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Meets Yield.ly's current requirements for default discovery where qualified. Learn how qualification works
Incentive-heavy yield
A large share of this rate comes from token incentives, which can change quickly and may depend on the reward token market value.
Snapshot 7.1247% · Morpho Blue · Robinhood Chain. Not investment advice.
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Yield.ly has insufficient observed history for this opportunity, so longer-term comparisons are not yet available.
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