WintermuteUSDT Select

Ethereum

Armitage Select vaults consist of existing blue-chip high-TVL markets expanded by a few select higher-yield opportunities. It provides a higher yield compared to Prime while maintaining balanced risk.

Total Deposits

$8.73M

8.73M USDT

Liquidity

$5.57M

5.57M USDT

Exposure

+1

Net APY

5.36

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-08-24

Curator TVL

$145.64M

Total Deposits (USD)

$8.73M

Net APY

5.36%

APY Breakdown

Vault Net APY

5.36%

Performance Fee

0%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDT)	Liquidity (USDT)	Underlying Liquidity (USDT)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDTbacked byv-wmtUSDT 86% LLTV	40.12%	3.5M	344.77k	344.77k	90.17%	15M	100%	6.60%
USDTbacked bywstETH 86% LLTV	26.04%	2.27M	2.27M	11.69M	90.81%	Infinite	100%	4.20%
USDTbacked byWBTC 86% LLTV	14.2%	1.24M	1.24M	7.71M	90.90%	Infinite	100%	4.33%
USDTbacked byPT-reUSD-10DEC2026 91.5% LLTV	13.04%	1.13M	1.13M	1.57M	78.45%	15M	100%	5.56%
USDTbacked bycbBTC 86% LLTV	5.08%	443.99k	443.99k	1.58M	90.79%	Infinite	100%	4.20%
USDTbacked byXAUt 77% LLTV	1.52%	132.96k	132.96k	257.02k	90.99%	Infinite	100%	5.65%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-25 15:02:59	-47,799.13 USDT-$47.79k	USDTbacked bywstETH 86% LLTV
2026-09-25 13:00:11	+100,000 USDT+$99.98k	USDTbacked bywstETH 86% LLTV
2026-09-25 11:40:59	-34,008.11 USDT-$34.00k	USDTbacked bywstETH 86% LLTV
2026-09-25 02:11:11	+34,006.02 USDT+$34.00k	USDTbacked bywstETH 86% LLTV
2026-09-24 12:57:23	-60,000 USDT-$59.99k	USDTbacked bywstETH 86% LLTV

1

Performance

Position Unit Price (USDT)

1.004237

Returns

Instant APY

5.36%

7D APY

5.89%

30D APY

5.12%

90D APY

-

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

No address

Management fee recipient

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 4/6

Curator

SAFE 3/5

Sentinel 1

0x77fcF2c8BB9c6a0DA2D21F331E15Fd83A63E9Fbe

Risk Curation

Allocator 1

0x12F6e7646808aA948bA7a625Ef6E02f55efC684B

Allocator 2

0x73b40E49EB625e6B2EE8E41C8a5509F3e206a53b

Allocator 3

0xC007EB51E3d3285D192F43A35A7A5dAcC35A8D99

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

7 days

Increase absolute cap

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

7 days

Increase relative cap

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

7 days

Activity

User Distribution

User	Deposit	% of Deposits
	6,022,141.9 USDT$6.02M	68.96%
	1,306,322.48 USDT$1.30M	14.95%
	901,843.14 USDT$901.70k	10.32%
	116,274.68 USDT$116.25k	1.33%
	100,015.68 USDT$99.99k	1.14%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-26 11:04:47	Transfer	-
2026-09-26 11:04:47	Transfer	-
2026-09-25 15:02:59	Withdraw	47,799.13 USDT$47.79k
2026-09-25 13:00:11	Deposit	100,000 USDT$99.98k
2026-09-25 11:40:59	Withdraw	34,008.11 USDT$34.00k
2026-09-25 11:06:47	Transfer	-
2026-09-25 11:06:47	Transfer	-
2026-09-25 02:11:11	Deposit	34,006.02 USDT$34.00k
2026-09-24 12:57:23	Withdraw	60,000 USDT$59.99k
2026-09-24 11:38:11	Deposit	7,757.4 USDT$7756.18

1

All Transactions

Deposit USDT

$0

0.00 USDT

Network

Ethereum

Deposit (USDT)

0.00

APY

5.36%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Position Unit Price (USDT)

1.004237

Deposit USDT

$0

0.00 USDT

Network

Ethereum

Deposit (USDT)

0.00

APY

5.36%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Allocation History

Total Deposits (USD)

$8.73M

Exposure

Markets	Allocation (%)	Allocation (USDT)	Liquidity (USDT)	Underlying Liquidity (USDT)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDTbacked byv-wmtUSDT 86% LLTV	40.12%	3.5M	344.77k	344.77k	90.17%	15M	100%	6.60%
USDTbacked bywstETH 86% LLTV	26.04%	2.27M	2.27M	11.69M	90.81%	Infinite	100%	4.20%
USDTbacked byWBTC 86% LLTV	14.2%	1.24M	1.24M	7.71M	90.90%	Infinite	100%	4.33%
USDTbacked byPT-reUSD-10DEC2026 91.5% LLTV	13.04%	1.13M	1.13M	1.57M	78.45%	15M	100%	5.56%
USDTbacked bycbBTC 86% LLTV	5.08%	443.99k	443.99k	1.58M	90.79%	Infinite	100%	4.20%
USDTbacked byXAUt 77% LLTV	1.52%	132.96k	132.96k	257.02k	90.99%	Infinite	100%	5.65%
Idle Liquidity
	0%	0	0	-	-	-	-	-

User Distribution

User	Deposit	% of Deposits
	6,022,141.9 USDT$6.02M	68.96%
	1,306,322.48 USDT$1.30M	14.95%
	901,843.14 USDT$901.70k	10.32%
	116,274.68 USDT$116.25k	1.33%
	100,015.68 USDT$99.99k	1.14%

of

All Transactions

Date	Type	Amount
2026-09-26 11:04:47	Transfer	-
2026-09-26 11:04:47	Transfer	-
2026-09-25 15:02:59	Withdraw	47,799.13 USDT$47.79k
2026-09-25 13:00:11	Deposit	100,000 USDT$99.98k
2026-09-25 11:40:59	Withdraw	34,008.11 USDT$34.00k
2026-09-25 11:06:47	Transfer	-
2026-09-25 11:06:47	Transfer	-
2026-09-25 02:11:11	Deposit	34,006.02 USDT$34.00k
2026-09-24 12:57:23	Withdraw	60,000 USDT$59.99k
2026-09-24 11:38:11	Deposit	7,757.4 USDT$7756.18

1

Owner

SAFE 4/6

Curator

SAFE 3/5

Sentinel 1

0x77fcF2c8BB9c6a0DA2D21F331E15Fd83A63E9Fbe

Morpho vault version

v2

Vault deployment date

2026-08-24

Curator TVL

$145.64M

Allocator 1

0x12F6e7646808aA948bA7a625Ef6E02f55efC684B

Allocator 2

0x73b40E49EB625e6B2EE8E41C8a5509F3e206a53b

Allocator 3

0xC007EB51E3d3285D192F43A35A7A5dAcC35A8D99

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

7 days

Increase absolute cap

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

7 days

Increase relative cap

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

7 days

Returns

Instant APY

5.36%

7D APY

5.89%

30D APY

5.12%

90D APY

-

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

No address

Management fee recipient

Net APY

5.36%

APY Breakdown

Vault Net APY

5.36%

Performance Fee

0%

Management Fee

0%

WintermuteUSDT Select

4 pending actions

Ethereum

Armitage Select vaults consist of existing blue-chip high-TVL markets expanded by a few select higher-yield opportunities. It provides a higher yield compared to Prime while maintaining balanced risk.

Total Deposits

$8.73M

8.73M USDT

Liquidity

$5.57M

5.57M USDT

Exposure

+1

Net APY

5.36

%

4 pending actions

Date	Amount	Vault / Market
2026-09-25 15:02:59	-47,799.13 USDT-$47.79k	USDTbacked bywstETH 86% LLTV
2026-09-25 13:00:11	+100,000 USDT+$99.98k	USDTbacked bywstETH 86% LLTV
2026-09-25 11:40:59	-34,008.11 USDT-$34.00k	USDTbacked bywstETH 86% LLTV
2026-09-25 02:11:11	+34,006.02 USDT+$34.00k	USDTbacked bywstETH 86% LLTV
2026-09-24 12:57:23	-60,000 USDT-$59.99k	USDTbacked bywstETH 86% LLTV

1