Get target rateGet target rate
Morpho · Reads onchain state
Reads a Morpho Blue market's anchor rate from its adaptive interest rate model. The IRM's rateAtTarget is the per-second rate the curve converges toward at target utilization, at 18 decimals, and the action compounds it over a year into rateAtTargetApy. Unlike the live borrow rate, it moves slowly. Reach for it to judge where a market's rate is heading, comparing it against the current borrow rate to decide whether to wait or act.