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

$552.05k

552.12k USDC

Liquidity

$552.05k

552.12k USDC

Exposure

Net APY

4.28

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-04-24

Curator TVL

$51.76M

Total Deposits (USD)

$552.05k

Net APY

4.28%

APY Breakdown

Vault Net APY

4.28%

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 byWBTC 86% LLTV	90.42%	499.25k	499.25k	16.49M	87.38%	Infinite	100%	4.09%
USDCbacked bycbBTC 86% LLTV	9.54%	52.67k	52.67k	33.25M	90.18%	Infinite	100%	4.50%
USDCbacked bywstETH 86% LLTV	0.04%	195.11	195.11	3.21M	90.18%	Infinite	100%	4.50%
Idle Liquidity
	0%	< 0.01	< 0.01	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-29 21:46:11	+450,600.51 USDC+$450.54k	USDCbacked byWBTC 86% LLTV
2026-09-29 21:46:11	-3,707.18 USDC-$3706.72	USDCbacked bywstETH 86% LLTV
2026-09-29 21:46:11	-446,893.33 USDC-$446.83k	USDCbacked bycbBTC 86% LLTV
2026-09-29 08:57:59	+444,563.02 USDC+$444.50k	USDCbacked bycbBTC 86% LLTV
2026-09-29 08:57:59	-74,138.78 USDC-$74.12k	USDCbacked bywstETH 86% LLTV

1

Performance

Position Unit Price (USDC)

1.016810

Returns

Instant APY

4.28%

7D APY

4.56%

30D APY

4.37%

90D APY

4.01%

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
	507,463.25 USDC$507.39k	91.91%
	44,206.18 USDC$44.20k	8.00%
	401.495 USDC$401.44	0.07%
	50.663 USDC$50.65	< 0.01%
	2.012 USDC$2.01	< 0.01%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-29 08:57:47	Withdraw	1,005,455.14 USDC$1.00M
2026-09-29 06:06:47	Transfer	-
2026-09-28 06:05:59	Transfer	-
2026-09-27 06:06:23	Transfer	-
2026-09-26 06:06:23	Transfer	-
2026-09-25 15:30:47	Withdraw	4.952 USDC$4.95
2026-09-25 06:06:47	Transfer	-
2026-09-24 06:06:11	Transfer	-
2026-09-23 06:06:47	Transfer	-
2026-09-22 22:55:47	Deposit	4.951 USDC$4.95

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

4.28%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Allocation History

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byWBTC 86% LLTV	90.42%	499.25k	499.25k	16.49M	87.38%	Infinite	100%	4.09%
USDCbacked bycbBTC 86% LLTV	9.54%	52.67k	52.67k	33.25M	90.18%	Infinite	100%	4.50%
USDCbacked bywstETH 86% LLTV	0.04%	195.11	195.11	3.21M	90.18%	Infinite	100%	4.50%
Idle Liquidity
	0%	< 0.01	< 0.01	-	-	-	-	-

Position Unit Price (USDC)

1.016810

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

4.28%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

User Distribution

User	Deposit	% of Deposits
	507,463.25 USDC$507.39k	91.91%
	44,206.18 USDC$44.20k	8.00%
	401.495 USDC$401.44	0.07%
	50.663 USDC$50.65	< 0.01%
	2.012 USDC$2.01	< 0.01%

of

Total Deposits (USD)

$552.05k

Ratings

Risk Score

A

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

$51.76M

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

Returns

Instant APY

4.28%

7D APY

4.56%

30D APY

4.37%

90D APY

4.01%

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Management fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Net APY

4.28%

APY Breakdown

Vault Net APY

4.28%

Performance Fee

0%

Management Fee

0%

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

$552.05k

552.12k USDC

Liquidity

$552.05k

552.12k USDC

Exposure

Net APY

4.28

%

All Transactions

Date	Type	Amount
2026-09-29 08:57:47	Withdraw	1,005,455.14 USDC$1.00M
2026-09-29 06:06:47	Transfer	-
2026-09-28 06:05:59	Transfer	-
2026-09-27 06:06:23	Transfer	-
2026-09-26 06:06:23	Transfer	-
2026-09-25 15:30:47	Withdraw	4.952 USDC$4.95
2026-09-25 06:06:47	Transfer	-
2026-09-24 06:06:11	Transfer	-
2026-09-23 06:06:47	Transfer	-
2026-09-22 22:55:47	Deposit	4.951 USDC$4.95

1

Date	Amount	Vault / Market
2026-09-29 21:46:11	+450,600.51 USDC+$450.54k	USDCbacked byWBTC 86% LLTV
2026-09-29 21:46:11	-3,707.18 USDC-$3706.72	USDCbacked bywstETH 86% LLTV
2026-09-29 21:46:11	-446,893.33 USDC-$446.83k	USDCbacked bycbBTC 86% LLTV
2026-09-29 08:57:59	+444,563.02 USDC+$444.50k	USDCbacked bycbBTC 86% LLTV
2026-09-29 08:57:59	-74,138.78 USDC-$74.12k	USDCbacked bywstETH 86% LLTV

1