# I'm borrowing against my assets

## <img src="https://3594873091-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCUsr6ssg69scPnMJR3tw%2Fuploads%2Fnf5VQAFGSs2gycM9QSvv%2FFrame%20427321120.png?alt=media&#x26;token=2e729ac9-3b54-4827-b5a0-40aeb830e7e6" alt="" data-size="line"> <mark style="color:$info;">I use</mark> Morpho <mark style="color:$info;">to</mark> borrow <mark style="color:$info;">against my assets</mark>

{% hint style="info" %}
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.
{% endhint %}

### 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:

<details>

<summary>Bad debt / security incidents</summary>

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.*](https://t.co/xxx)*"*
* *"A vulnerability has been detected on Ethena.* [*View source*](https://t.co/xxx)*" (e.g if your exposed to sUSDe or USDe-based market)*

</details>

<details>

<summary>Borrowing rate increase</summary>

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%."*

</details>

<details>

<summary>Asset depeg</summary>

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."*

</details>

<details>

<summary>Liquidation risk</summary>

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!"*

</details>

<details>

<summary>Underlying yield update</summary>

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%."*

</details>

<details>

<summary>Asset &#x26; protocol news</summary>

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*](https://t.co/xxx)*"*
* *"A new sUSDe market has been deployed on Pendle. Expiry: Nov 12th, 2027.* [*View source*](https://t.co/xxx)*"*

</details>

### 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.