I use Morpho to borrow against my assets

Whether you're leveraging or just want some cash without selling your precious assets, you still need to monitor a few critical factors to protect your position.

What you need to monitor

You borrow to access liquidity without selling your assets. Your main risks are getting liquidated and borrowing costs rising unexpectedly, which can quickly erode the benefits of keeping your position open.

What Otomato watches for you

Otomato automatically detects and monitors your Morpho positions and alerts you only when something relevant happens:

Bad debt / security incidents

Otomato surfaces security and solvency alerts as soon as credible signals appear, covering not just Morpho itself, but also underlying protocols and assets your vault depends on, so you can assess exposure before damage spreads.

Example notifications

• "A vulnerability has been detected on Morpho. View source."

• "A vulnerability has been detected on Ethena. View source" (e.g if your exposed to sUSDe or USDe-based market)

Borrowing rate increase

When your borrowing rate increases significantly, your position becomes more expensive to maintain.

Otomato tracks borrowing rates on your Morpho markets and alerts you when rates rise to levels worth reassessing.

Example notifications

• "USDC borrowing rate on the cbBTC/USDC Morpho market increased from 4.2% to 9.8%."

Asset depeg

Otomato continuously monitors the assets in your vault and alerts you when meaningful deviations from their expected peg occur.

Example notifications

• "USD0++ is trading at $0.93."

• "USDe is trading at $0.97."

Liquidation risk

Otomato monitors your health factor continuously and alerts you as you approach dangerous levels.

Example notifications

• "Your health factor on the WETH/USDC Morpho market is below 1.10. Pay attention!"

Underlying yield update

For Morpho markets, yield-bearing assets are often used as collateral. When the underlying yield changes materially, it can affect the economics of your position. Otomato monitors the underlying yield sources of your collateral and alerts you when significant changes occur.

Example notifications

• "sUSDe underlying yield dropped from 12% to 4%."

Asset & protocol news

Otomato understands the full dependency chain of your collateral. If you're borrowing against PT-sUSDe, you'll receive relevant news about Pendle, Ethena, and sUSDe, not just Morpho itself.

Example notifications

• "Ethena announced Season 6, giving ENA incentives to USDe and sUSDe holders. View source"

• "A new sUSDe market has been deployed on Pendle. Expiry: Nov 12th, 2027. View source"

Improvements

We're continuously looking to add support for alerts the community is asking for. If you'd like us to add a new use case, reach out on telegram.