morpho_get_rate
Retrieve current borrow rate, supply rate, utilization, and liquidity for any Morpho market using its unique key and chain. Use these live metrics to calculate looping profitability.
Instructions
Get the current borrow rate and market state for a specific Morpho market. Provide the market's unique key (hex ID) and chain. Returns live borrow APY, supply APY, utilization, and liquidity — the data needed to calculate looping profitability. Use morpho_list_markets to discover market keys first.
Important: Rates are live as-of-query and change continuously based on utilization. When planning a looping strategy, verify rates are still favorable before executing. A profitable spread (fixed yield > borrow rate) can turn negative if borrow rates spike.
Use spectra_get_looping_strategy with these rates to calculate leveraged yield projections.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| chain | Yes | The blockchain network where the Morpho market lives | |
| market_key | Yes | The Morpho market unique key (0x + 64 hex chars). Use morpho_list_markets to find it. |