Morpho loan stress hits cbXRP, while native XRP is spared
A November 6 snapshot showed 8.84 million USDC across 1,070 Morpho positions that would be at risk if prices fell another 10%. The pressure is focused on cbXRP, while native XRP appears unaffected. For traders, it highlights risk in DeFi lending tied to cbXRP.
Why it matters
- The stress is concentrated in cbXRP, not native XRP.
- The snapshot covered 8.84 million USDC across 1,070 positions.
- Results assumed debt and collateral stayed unchanged, so actual outcomes could differ.
What to watch next
Watch whether cbXRP-linked positions on Morpho come under further pressure if the oracle price drops another 10%.
