KPKUSDC Prime

Ethereum

A low-risk USDC vault with 24h automation. Allocations are continuously rebalanced across liquid markets with strict collateral filters to preserve liquidity and mitigate risk.

Total Deposits

$21.23M

21.24M USDC

Liquidity

$17.36M

17.37M USDC

Exposure

+2

Net APY

5.13

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2025-10-23

Curator TVL

$45.87M

Total Deposits (USD)

$21.23M

Net APY

5.13%

APY Breakdown

Vault Net APY

5.13%

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	40.87%	8.68M	8.68M	32.2M	90.48%	Infinite	100%	4.77%
USDCbacked byWBTC 86% LLTV	24.56%	5.21M	5.21M	11.79M	90.46%	Infinite	100%	4.78%
USDCbacked byrETH 86% LLTV	12.01%	2.55M	242.75k	242.75k	90.49%	Infinite	100%	4.48%
USDCbacked byOETH 86% LLTV	11.3%	2.4M	1.05M	1.05M	90.48%	Infinite	100%	7.79%
USDCbacked bywstETH 86% LLTV	9.83%	2.08M	2.08M	2.72M	91.04%	Infinite	100%	5.50%
USDCbacked byLsETH 86% LLTV	1.14%	241.55k	32.91k	32.91k	86.37%	Infinite	100%	2.96%
USDCbacked byWETH 86% LLTV	0.29%	61.76k	61.76k	518.54k	90.18%	Infinite	100%	4.36%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-17 14:22:23	-11,500 USDC-$11.49k	USDCbacked bycbBTC 86% LLTV
2026-09-17 14:02:47	+502,096.01 USDC+$501.88k	USDCbacked bycbBTC 86% LLTV
2026-09-17 11:34:59	+141,437.24 USDC+$141.37k	USDCbacked bycbBTC 86% LLTV
2026-09-17 09:46:35	-25,867.56 USDC-$25.85k	USDCbacked bycbBTC 86% LLTV
2026-09-17 09:30:59	-141,436.16 USDC-$141.37k	USDCbacked bycbBTC 86% LLTV

1

Performance

Position Unit Price (USDC)

1.033616

Returns

Instant APY

5.13%

7D APY

4.65%

30D APY

4.53%

90D APY

4.12%

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

0xAF150c6d108D0C2c96BbFC3CeF9B4848b5D99440

Allocator 3

0xF0Cf1e3Ec6264b03241826f5b2aBda17B4352A75

Allocator 4

SAFE 2/5

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 1 second

Recommended: 7 days

Increase absolute cap

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

3 days 1 second

Recommended: 7 days

Increase relative cap

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

3 days 1 second

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
	7,929,015.33 USDC$7.92M	37.32%
	7,475,264.19 USDC$7.47M	35.18%
	2,224,275.77 USDC$2.22M	10.47%
	1,413,271.67 USDC$1.41M	6.65%
	590,042.42 USDC$589.82k	2.77%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-17 14:22:23	Withdraw	11,500 USDC$11.49k
2026-09-17 14:02:47	Deposit	502,096.01 USDC$501.88k
2026-09-17 11:34:59	Deposit	141,437.24 USDC$141.37k
2026-09-17 09:46:35	Withdraw	25,867.56 USDC$25.85k
2026-09-17 09:30:59	Withdraw	141,436.16 USDC$141.37k
2026-09-17 09:30:59	Transfer	-
2026-09-17 06:31:23	Deposit	10,179 USDC$10.17k
2026-09-17 06:05:47	Transfer	-
2026-09-17 05:30:59	Deposit	141,432.61 USDC$141.37k
2026-09-16 21:34:47	Withdraw	138,904.97 USDC$138.84k

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

5.13%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

5.13%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Position Unit Price (USDC)

1.033616

User Distribution

User	Deposit	% of Deposits
	7,929,015.33 USDC$7.92M	37.32%
	7,475,264.19 USDC$7.47M	35.18%
	2,224,275.77 USDC$2.22M	10.47%
	1,413,271.67 USDC$1.41M	6.65%
	590,042.42 USDC$589.82k	2.77%

of

Total Deposits (USD)

$21.23M

Ratings

Risk Score

A

Risk Score

A

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked bycbBTC 86% LLTV	40.87%	8.68M	8.68M	32.2M	90.48%	Infinite	100%	4.77%
USDCbacked byWBTC 86% LLTV	24.56%	5.21M	5.21M	11.79M	90.46%	Infinite	100%	4.78%
USDCbacked byrETH 86% LLTV	12.01%	2.55M	242.75k	242.75k	90.49%	Infinite	100%	4.48%
USDCbacked byOETH 86% LLTV	11.3%	2.4M	1.05M	1.05M	90.48%	Infinite	100%	7.79%
USDCbacked bywstETH 86% LLTV	9.83%	2.08M	2.08M	2.72M	91.04%	Infinite	100%	5.50%
USDCbacked byLsETH 86% LLTV	1.14%	241.55k	32.91k	32.91k	86.37%	Infinite	100%	2.96%
USDCbacked byWETH 86% LLTV	0.29%	61.76k	61.76k	518.54k	90.18%	Infinite	100%	4.36%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Allocation History

All Transactions

Date	Type	Amount
2026-09-17 14:22:23	Withdraw	11,500 USDC$11.49k
2026-09-17 14:02:47	Deposit	502,096.01 USDC$501.88k
2026-09-17 11:34:59	Deposit	141,437.24 USDC$141.37k
2026-09-17 09:46:35	Withdraw	25,867.56 USDC$25.85k
2026-09-17 09:30:59	Withdraw	141,436.16 USDC$141.37k
2026-09-17 09:30:59	Transfer	-
2026-09-17 06:31:23	Deposit	10,179 USDC$10.17k
2026-09-17 06:05:47	Transfer	-
2026-09-17 05:30:59	Deposit	141,432.61 USDC$141.37k
2026-09-16 21:34:47	Withdraw	138,904.97 USDC$138.84k

1

Returns

Instant APY

5.13%

7D APY

4.65%

30D APY

4.53%

90D APY

4.12%

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Management fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Net APY

5.13%

APY Breakdown

Vault Net APY

5.13%

Performance Fee

0%

Management Fee

0%

Owner

SAFE 5/8

Curator

SAFE 2/5

Sentinel 1

SAFE 5/8

Morpho vault version

v2

Vault deployment date

2025-10-23

Curator TVL

$45.87M

Allocator 1

0x331D9C769185AE25233314859d53c2b9203a1204

Allocator 2

0xAF150c6d108D0C2c96BbFC3CeF9B4848b5D99440

Allocator 3

0xF0Cf1e3Ec6264b03241826f5b2aBda17B4352A75

Allocator 4

SAFE 2/5

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 1 second

Recommended: 7 days

Increase absolute cap

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

3 days 1 second

Recommended: 7 days

Increase relative cap

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

3 days 1 second

Recommended: 7 days

KPKUSDC Prime

Ethereum

A low-risk USDC vault with 24h automation. Allocations are continuously rebalanced across liquid markets with strict collateral filters to preserve liquidity and mitigate risk.

Total Deposits

$21.23M

21.24M USDC

Liquidity

$17.36M

17.37M USDC

Exposure

+2

Net APY

5.13

%

Date	Amount	Vault / Market
2026-09-17 14:22:23	-11,500 USDC-$11.49k	USDCbacked bycbBTC 86% LLTV
2026-09-17 14:02:47	+502,096.01 USDC+$501.88k	USDCbacked bycbBTC 86% LLTV
2026-09-17 11:34:59	+141,437.24 USDC+$141.37k	USDCbacked bycbBTC 86% LLTV
2026-09-17 09:46:35	-25,867.56 USDC-$25.85k	USDCbacked bycbBTC 86% LLTV
2026-09-17 09:30:59	-141,436.16 USDC-$141.37k	USDCbacked bycbBTC 86% LLTV

1