Get borrow rateGet borrow rate
Moonwell · Reads onchain state
Reads what a Moonwell market charges borrowers, per second and as an APY. borrowRatePerTimestamp is the market's interest rate model evaluated at its current cash, borrows and reserves at 18 decimals, steepening sharply once utilization crosses the model's kink; the action compounds it over a year into borrowApy. Reach for it to repay a borrow when its rate crosses a ceiling, or to borrow from whichever market charges less.