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

Crypto Insight Summary: Available liquidity in one reUSD-backed market vanished in two hours; rates across four tracked markets eased to roughly 9%–13% by Oct. 31. Crypto Insight Analysis: Direction: Bearish reUSD Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Liquidity crunch and high borrowing rates signal instability in reUSD markets.