HyperithmUSDC Apex

Ethereum

Hyperithm USDC Apex vault maximizes yield by swiftly integrating unique collaterals providing borrowers with high-return opportunities through active optimization while ensuring effective risk management.

Total Deposits

$7.37M

7.37M USDC

Liquidity

$6.7M

6.71M USDC

Exposure

+13

Net APY

7.93

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2025-10-27

Curator TVL

$67.33M

Total Deposits (USD)

$7.37M

Net APY

7.93%

APY Breakdown

Vault Net APY

7.93%

Performance Fee

10%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV	67.79%	5M	5M	9.1M	90.86%	5M	100%	9.28%
USDCbacked bymHyperBTC 77% LLTV	9.81%	723.49k	271.84k	271.84k	90.10%	5M	100%	8.73%
USDCbacked byAA_FalconXUSDC 77% LLTV	7.05%	520k	520k	2.82M	92.04%	10M	100%	9.35%
USDCbacked bywFalconX 91.5% LLTV	6.78%	500k	500k	2.21M	90.36%	5M	100%	5.68%
USDCbacked bymF-ONE 91.5% LLTV	4.32%	318.9k	318.9k	2.11M	91.78%	2M	100%	9.32%
USDCbacked bysUSDat 91.5% LLTV	4.25%	313.68k	100k	100k	89.89%	5M	100%	6.43%
USDCbacked byPT-apyUSD-5NOV2026 86% LLTV	0%	< 0.01	< 0.01	1.1M	84.46%	5M	100%	6.58%
USDCbacked byWBTC 86% LLTV	0%	< 0.01	< 0.01	10.94M	91.09%	20M	100%	5.63%
USDCbacked bycbBTC 86% LLTV	0%	< 0.01	< 0.01	30.06M	91.05%	20M	100%	5.55%
USDCbacked byreUSD 91.5% LLTV	0%	< 0.01	< 0.01	1M	85.42%	5M	100%	5.18%
USDCbacked bystUSDS 86% LLTV	0%	< 0.01	< 0.01	1.86M	83.52%	5M	100%	3.94%
USDCbacked byPT-apxUSD-5NOV2026 86% LLTV	0%	< 0.01	< 0.01	210.37k	89.50%	5M	100%	4.44%
USDCbacked bywstETH 86% LLTV	0%	< 0.01	< 0.01	2.72M	91.07%	10M	100%	5.53%
USDCbacked byPT-USDat-14JAN2027 91.5% LLTV	0%	< 0.01	< 0.01	120.22k	92.00%	10M	100%	5.70%
USDCbacked bysiUSD 91.5% LLTV	0%	< 0.01	< 0.01	664.26k	91.51%	10M	100%	9.29%
USDCbacked bymHYPER 77% LLTV	0%	< 0.01	< 0.01	39.99k	87.07%	20M	100%	5.52%
USDCbacked byPT-sUSDat-14JAN2027 91.5% LLTV	0%	0	0	118.4k	< 0.01%	5M	100%	< 0.01%
USDCbacked byROY-ST-apyUSD 91.5% LLTV	0%	0	0	1305.5	99.74%	5M	100%	0.98%
Idle Liquidity
	0%	< 0.01	< 0.01	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-17 13:36:47	+343,988.25 USDC+$343.84k	USDCbacked bywFalconX 91.5% LLTV
2026-09-17 13:36:47	+78,900.55 USDC+$78.86k	USDCbacked bymF-ONE 91.5% LLTV
2026-09-17 13:36:47	+39,993.18 USDC+$39.97k	USDCbacked byAA_FalconXUSDC 77% LLTV
2026-09-17 13:36:47	+22,165.6 USDC+$22.15k	USDCbacked bymHyperBTC 77% LLTV
2026-09-17 13:36:47	-71.9 USDC-$71.87	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV

1

Performance

Position Unit Price (USDC)

1.059047

Returns

Instant APY

7.93%

7D APY

6.4%

30D APY

6.38%

90D APY

6.35%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0x514272d916419Eb3048d8eaDEbBDfF1B116273cD

Management fee recipient

0x514272d916419Eb3048d8eaDEbBDfF1B116273cD

Returns

Instant APY

7D APY

30D APY

90D APY

Fees

Performance fee

Management fee

Performance fee recipient

Management fee recipient

Risk

Risk Disclosures

Curator has not submitted a Disclosure.

Ratings

No ratings available for this vault.

Ratings

Vault Roles

Owner

SAFE 2/3

Curator

0x75178137D3B4B9A0F771E0e149b00fB8167BA325

Sentinel 1

0xC56EA16EA06B0a6A7b3B03B2f48751e549bE40fD

Risk Curation

Allocator 1

0x00b8e1509398ED692C3F326CbAf1694F9A881e27

Allocator 2

0x9123B39058C5bCD00D4b0b9142fE9F527dDb562F

Timelocks

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
	3,845,615.59 USDC$3.84M	52.13%
	875,548.98 USDC$875.18k	11.87%
	403,461.68 USDC$403.29k	5.46%
	364,077.03 USDC$363.92k	4.93%
	205,859.88 USDC$205.77k	2.79%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-17 06:47:35	Deposit	6,532 USDC$6529.28
2026-09-17 06:40:35	Deposit	4,646.21 USDC$4644.28
2026-09-17 06:39:47	Deposit	4,666 USDC$4664.06
2026-09-17 02:11:23	Withdraw	99.999 USDC$99.95
2026-09-17 02:11:23	Withdraw	< 0.001 USDC$< 0.01
2026-09-16 10:37:35	Withdraw	100,000 USDC$99.95k
2026-09-16 10:35:23	Deposit	975,460.67 USDC$975.05k
2026-09-16 05:46:59	Withdraw	315,726.58 USDC$315.59k
2026-09-16 05:46:59	Withdraw	3.16 USDC$3.15
2026-09-16 04:37:47	Deposit	119,899.31 USDC$119.84k

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

7.93%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV	67.79%	5M	5M	9.1M	90.86%	5M	100%	9.28%
USDCbacked bymHyperBTC 77% LLTV	9.81%	723.49k	271.84k	271.84k	90.10%	5M	100%	8.73%
USDCbacked byAA_FalconXUSDC 77% LLTV	7.05%	520k	520k	2.82M	92.04%	10M	100%	9.35%
USDCbacked bywFalconX 91.5% LLTV	6.78%	500k	500k	2.21M	90.36%	5M	100%	5.68%
USDCbacked bymF-ONE 91.5% LLTV	4.32%	318.9k	318.9k	2.11M	91.78%	2M	100%	9.32%
USDCbacked bysUSDat 91.5% LLTV	4.25%	313.68k	100k	100k	89.89%	5M	100%	6.43%
USDCbacked byPT-apyUSD-5NOV2026 86% LLTV	0%	< 0.01	< 0.01	1.1M	84.46%	5M	100%	6.58%
USDCbacked byWBTC 86% LLTV	0%	< 0.01	< 0.01	10.94M	91.09%	20M	100%	5.63%
USDCbacked bycbBTC 86% LLTV	0%	< 0.01	< 0.01	30.06M	91.05%	20M	100%	5.55%
USDCbacked byreUSD 91.5% LLTV	0%	< 0.01	< 0.01	1M	85.42%	5M	100%	5.18%
USDCbacked bystUSDS 86% LLTV	0%	< 0.01	< 0.01	1.86M	83.52%	5M	100%	3.94%
USDCbacked byPT-apxUSD-5NOV2026 86% LLTV	0%	< 0.01	< 0.01	210.37k	89.50%	5M	100%	4.44%
USDCbacked bywstETH 86% LLTV	0%	< 0.01	< 0.01	2.72M	91.07%	10M	100%	5.53%
USDCbacked byPT-USDat-14JAN2027 91.5% LLTV	0%	< 0.01	< 0.01	120.22k	92.00%	10M	100%	5.70%
USDCbacked bysiUSD 91.5% LLTV	0%	< 0.01	< 0.01	664.26k	91.51%	10M	100%	9.29%
USDCbacked bymHYPER 77% LLTV	0%	< 0.01	< 0.01	39.99k	87.07%	20M	100%	5.52%
USDCbacked byPT-sUSDat-14JAN2027 91.5% LLTV	0%	0	0	118.4k	< 0.01%	5M	100%	< 0.01%
USDCbacked byROY-ST-apyUSD 91.5% LLTV	0%	0	0	1305.5	99.74%	5M	100%	0.98%
Idle Liquidity
	0%	< 0.01	< 0.01	-	-	-	-	-

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

7.93%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Position Unit Price (USDC)

1.059047

User Distribution

User	Deposit	% of Deposits
	3,845,615.59 USDC$3.84M	52.13%
	875,548.98 USDC$875.18k	11.87%
	403,461.68 USDC$403.29k	5.46%
	364,077.03 USDC$363.92k	4.93%
	205,859.88 USDC$205.77k	2.79%

of

Total Deposits (USD)

$7.37M

Allocation History

Date	Amount	Vault / Market
2026-09-17 13:36:47	+343,988.25 USDC+$343.84k	USDCbacked bywFalconX 91.5% LLTV
2026-09-17 13:36:47	+78,900.55 USDC+$78.86k	USDCbacked bymF-ONE 91.5% LLTV
2026-09-17 13:36:47	+39,993.18 USDC+$39.97k	USDCbacked byAA_FalconXUSDC 77% LLTV
2026-09-17 13:36:47	+22,165.6 USDC+$22.15k	USDCbacked bymHyperBTC 77% LLTV
2026-09-17 13:36:47	-71.9 USDC-$71.87	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV

1

Owner

SAFE 2/3

Curator

0x75178137D3B4B9A0F771E0e149b00fB8167BA325

Sentinel 1

0xC56EA16EA06B0a6A7b3B03B2f48751e549bE40fD

Morpho vault version

v2

Vault deployment date

2025-10-27

Curator TVL

$67.33M

Allocator 1

0x00b8e1509398ED692C3F326CbAf1694F9A881e27

Allocator 2

0x9123B39058C5bCD00D4b0b9142fE9F527dDb562F

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Returns

Instant APY

7.93%

7D APY

6.4%

30D APY

6.38%

90D APY

6.35%

Fees

Performance fee

10%

Management fee

0%

Performance fee recipient

0x514272d916419Eb3048d8eaDEbBDfF1B116273cD

Management fee recipient

0x514272d916419Eb3048d8eaDEbBDfF1B116273cD

Net APY

7.93%

APY Breakdown

Vault Net APY

7.93%

Performance Fee

10%

Management Fee

0%

HyperithmUSDC Apex

8 pending actions

Ethereum

Hyperithm USDC Apex vault maximizes yield by swiftly integrating unique collaterals providing borrowers with high-return opportunities through active optimization while ensuring effective risk management.

Total Deposits

$7.37M

7.37M USDC

Liquidity

$6.7M

6.71M USDC

Exposure

+13

Net APY

7.93

%

8 pending actions

All Transactions

Date	Type	Amount
2026-09-17 06:47:35	Deposit	6,532 USDC$6529.28
2026-09-17 06:40:35	Deposit	4,646.21 USDC$4644.28
2026-09-17 06:39:47	Deposit	4,666 USDC$4664.06
2026-09-17 02:11:23	Withdraw	99.999 USDC$99.95
2026-09-17 02:11:23	Withdraw	< 0.001 USDC$< 0.01
2026-09-16 10:37:35	Withdraw	100,000 USDC$99.95k
2026-09-16 10:35:23	Deposit	975,460.67 USDC$975.05k
2026-09-16 05:46:59	Withdraw	315,726.58 USDC$315.59k
2026-09-16 05:46:59	Withdraw	3.16 USDC$3.15
2026-09-16 04:37:47	Deposit	119,899.31 USDC$119.84k

1