The Defiant·
Morpho Borrow Rates Hit Roughly 40% as PT Market Liquidity Dries Up

Available liquidity in one reUSD-backed market vanished in two hours; rates across four tracked markets eased to roughly 9%–13% by Oct. 31.
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Available liquidity in one reUSD-backed market vanished in two hours; rates across four tracked markets eased to roughly 9%–13% by Oct. 31.