KPKUSDC Prime Core

Ethereum

A very low-risk USDC vault with 24h automation. Allocations are continuously rebalanced across liquid blue-chip markets with strict collateral filters to preserve liquidity and mitigate risk. The vault provides exposure to low-risk USDC yield with a stricter mandate than KPK USDC Prime - including Tier A markets only.

Total Deposits

$1.55M

1.56M USDC

Liquidity

$1.55M

1.56M USDC

Exposure

Net APY

4.80

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-04-24

Curator TVL

$46.02M

Total Deposits (USD)

$1.55M

Net APY

4.80%

APY Breakdown

Vault Net APY

4.80%

Performance Fee

0%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked bycbBTC 86% LLTV	64.1%	1M	1M	32.22M	90.47%	Infinite	100%	4.77%
USDCbacked byWBTC 86% LLTV	32.22%	502.78k	502.78k	11.79M	90.46%	Infinite	100%	4.78%
USDCbacked bywstETH 86% LLTV	3.68%	57.41k	57.41k	2.83M	90.71%	Infinite	100%	5.05%
Idle Liquidity
	0%	< 0.01	< 0.01	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-17 13:21:59	+202,158.66 USDC+$202.07k	USDCbacked bycbBTC 86% LLTV
2026-09-17 13:21:59	-5,758.73 USDC-$5756.34	USDCbacked bywstETH 86% LLTV
2026-09-17 13:21:59	-196,399.92 USDC-$196.31k	USDCbacked byWBTC 86% LLTV
2026-09-10 15:01:59	+265,955.76 USDC+$265.84k	USDCbacked bycbBTC 86% LLTV
2026-09-10 15:01:59	+9,328.62 USDC+$9324.75	USDCbacked bywstETH 86% LLTV

1

Performance

Position Unit Price (USDC)

1.015219

Returns

Instant APY

4.8%

7D APY

4.43%

30D APY

4.27%

90D APY

3.89%

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Management fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

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

Vault Roles

Owner

SAFE 5/8

Curator

SAFE 2/5

Sentinel 1

SAFE 5/8

Risk Curation

Allocator 1

0x331D9C769185AE25233314859d53c2b9203a1204

Allocator 2

SAFE 2/5

Allocator 3

0xAF150c6d108D0C2c96BbFC3CeF9B4848b5D99440

Allocator 4

0xF0Cf1e3Ec6264b03241826f5b2aBda17B4352A75

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
	1,004,052.68 USDC$1.00M	64.34%
	506,714.77 USDC$506.49k	32.47%
	49,138.48 USDC$49.11k	3.14%
	400.96 USDC$400.78	0.02%
	50.58 USDC$50.56	< 0.01%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-17 06:06:59	Transfer	-
2026-09-16 06:05:59	Transfer	-
2026-09-15 06:07:47	Transfer	-
2026-09-15 00:56:11	Transfer	-
2026-09-14 06:06:47	Transfer	-
2026-09-13 06:05:59	Transfer	-
2026-09-12 06:12:59	Transfer	-
2026-09-11 06:06:23	Transfer	-
2026-09-10 15:01:35	Withdraw	22,301.82 USDC$22.29k
2026-09-10 15:01:35	Transfer	-

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

4.78%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Total Deposits (USD)

$1.55M

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked bycbBTC 86% LLTV	64.1%	1M	1M	32.22M	90.47%	Infinite	100%	4.77%
USDCbacked byWBTC 86% LLTV	32.22%	502.78k	502.78k	11.79M	90.46%	Infinite	100%	4.78%
USDCbacked bywstETH 86% LLTV	3.68%	57.41k	57.41k	2.83M	90.71%	Infinite	100%	5.05%
Idle Liquidity
	0%	< 0.01	< 0.01	-	-	-	-	-

Allocation History

Position Unit Price (USDC)

1.015219

Ratings

Risk Score

A

User Distribution

User	Deposit	% of Deposits
	1,004,052.68 USDC$1.00M	64.34%
	506,714.77 USDC$506.49k	32.47%
	49,138.48 USDC$49.11k	3.14%
	400.96 USDC$400.78	0.02%
	50.58 USDC$50.56	< 0.01%

of

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

4.78%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Risk Score

A

Owner

SAFE 5/8

Curator

SAFE 2/5

Sentinel 1

SAFE 5/8

Morpho vault version

v2

Vault deployment date

2026-04-24

Curator TVL

$46.02M

Allocator 1

0x331D9C769185AE25233314859d53c2b9203a1204

Allocator 2

SAFE 2/5

Allocator 3

0xAF150c6d108D0C2c96BbFC3CeF9B4848b5D99440

Allocator 4

0xF0Cf1e3Ec6264b03241826f5b2aBda17B4352A75

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

All Transactions

Date	Type	Amount
2026-09-17 06:06:59	Transfer	-
2026-09-16 06:05:59	Transfer	-
2026-09-15 06:07:47	Transfer	-
2026-09-15 00:56:11	Transfer	-
2026-09-14 06:06:47	Transfer	-
2026-09-13 06:05:59	Transfer	-
2026-09-12 06:12:59	Transfer	-
2026-09-11 06:06:23	Transfer	-
2026-09-10 15:01:35	Withdraw	22,301.82 USDC$22.29k
2026-09-10 15:01:35	Transfer	-

1

Returns

Instant APY

4.8%

7D APY

4.43%

30D APY

4.27%

90D APY

3.89%

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Management fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Net APY

4.80%

APY Breakdown

Vault Net APY

4.80%

Performance Fee

0%

Management Fee

0%

Date	Amount	Vault / Market
2026-09-17 13:21:59	+202,158.66 USDC+$202.07k	USDCbacked bycbBTC 86% LLTV
2026-09-17 13:21:59	-5,758.73 USDC-$5756.34	USDCbacked bywstETH 86% LLTV
2026-09-17 13:21:59	-196,399.92 USDC-$196.31k	USDCbacked byWBTC 86% LLTV
2026-09-10 15:01:59	+265,955.76 USDC+$265.84k	USDCbacked bycbBTC 86% LLTV
2026-09-10 15:01:59	+9,328.62 USDC+$9324.75	USDCbacked bywstETH 86% LLTV

1

KPKUSDC Prime Core

Ethereum

A very low-risk USDC vault with 24h automation. Allocations are continuously rebalanced across liquid blue-chip markets with strict collateral filters to preserve liquidity and mitigate risk. The vault provides exposure to low-risk USDC yield with a stricter mandate than KPK USDC Prime - including Tier A markets only.

Total Deposits

$1.55M

1.56M USDC

Liquidity

$1.55M

1.56M USDC

Exposure

Net APY

4.80

%