AlphaUSDC Enhanced V2

Ethereum

Alpha Enhanced is a strategy-driven lending vault that allocates capital into a broader universe of structured and strategy-based onchain assets rather than simple passive lending.

Total Deposits

$27.24k

27.25k USDC

Liquidity

$27.24k

27.25k USDC

Exposure

Net APY

5.56

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-01-22

Total Deposits (USD)

$27.24k

Net APY

5.56%

APY Breakdown

Vault Net APY

5.56%

Performance Fee

50%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV	100%	27.25k	27.25k	377.68k	85.21%	Infinite	100%	13.73%
USDCbacked bysavUSD 91.5% LLTV	0%	0.03	0.03	1.28M	82.42%	Infinite	100%	5.69%
USDCbacked bywbravUSDC 86% LLTV	0%	< 0.01	< 0.01	1614.77	0.09%	Infinite	100%	< 0.01%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-02 11:59:35	-2,810.02 USDC-$2808.82	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-01 14:43:11	-0.013 USDC-$0.01	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-08-31 20:47:11	-13.654 USDC-$13.64	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-08-31 04:03:11	-561.291 USDC-$561.05	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-08-29 10:27:23	-5,117.12 USDC-$5114.92	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV

1

Performance

Position Unit Price (USDC)

0.524802

Returns

Instant APY

5.56%

7D APY

8.25%

30D APY

8.63%

90D APY

8.11%

Fees

Performance fee

50%

Management fee

0%

Performance fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Management fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

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 2/4

Curator

SAFE 2/4

Sentinel 1

No address

Risk Curation

Allocator 1

SAFE 2/4

Allocator 2

SAFE 2/4

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
	20,639.62 USDC$20.63k	75.72%
	2,097.48 USDC$2096.58	7.69%
	1,011.97 USDC$1011.54	3.71%
	940.68 USDC$940.28	3.45%
	800.68 USDC$800.34	2.93%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-02 11:59:35	Withdraw	2,810.02 USDC$2808.86
2026-09-01 14:43:11	Withdraw	0.013 USDC$0.01
2026-08-31 20:47:11	Withdraw	13.654 USDC$13.64
2026-08-31 04:03:11	Withdraw	561.291 USDC$561.05
2026-08-29 10:27:23	Withdraw	5,142.73 USDC$5140.59
2026-08-29 07:05:35	Withdraw	25,609.95 USDC$25.59k
2026-08-29 07:05:35	Withdraw	0.00 USDC
2026-08-28 23:14:35	Withdraw	25 USDC$24.98
2026-08-28 21:05:59	Withdraw	25,176.73 USDC$25.16k
2026-08-28 21:05:59	Withdraw	0.00 USDC

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

6.64%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

6.64%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

User Distribution

User	Deposit	% of Deposits
	20,639.62 USDC$20.63k	75.72%
	2,097.48 USDC$2096.58	7.69%
	1,011.97 USDC$1011.54	3.71%
	940.68 USDC$940.28	3.45%
	800.68 USDC$800.34	2.93%

of

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV	100%	27.25k	27.25k	377.68k	85.21%	Infinite	100%	13.73%
USDCbacked bysavUSD 91.5% LLTV	0%	0.03	0.03	1.28M	82.42%	Infinite	100%	5.69%
USDCbacked bywbravUSDC 86% LLTV	0%	< 0.01	< 0.01	1614.77	0.09%	Infinite	100%	< 0.01%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Owner

SAFE 2/4

Curator

SAFE 2/4

Sentinel 1

No address

Morpho vault version

v2

Vault deployment date

2026-01-22

Allocator 1

SAFE 2/4

Allocator 2

SAFE 2/4

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

Position Unit Price (USDC)

0.524802

Total Deposits (USD)

$27.24k

Returns

Instant APY

5.56%

7D APY

8.25%

30D APY

8.63%

90D APY

8.11%

Fees

Performance fee

50%

Management fee

0%

Performance fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Management fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Net APY

5.56%

APY Breakdown

Vault Net APY

5.56%

Performance Fee

50%

Management Fee

0%

AlphaUSDC Enhanced V2

Ethereum

Alpha Enhanced is a strategy-driven lending vault that allocates capital into a broader universe of structured and strategy-based onchain assets rather than simple passive lending.

Total Deposits

$27.24k

27.25k USDC

Liquidity

$27.24k

27.25k USDC

Exposure

Net APY

5.56

%

All Transactions

Date	Type	Amount
2026-09-02 11:59:35	Withdraw	2,810.02 USDC$2808.86
2026-09-01 14:43:11	Withdraw	0.013 USDC$0.01
2026-08-31 20:47:11	Withdraw	13.654 USDC$13.64
2026-08-31 04:03:11	Withdraw	561.291 USDC$561.05
2026-08-29 10:27:23	Withdraw	5,142.73 USDC$5140.59
2026-08-29 07:05:35	Withdraw	25,609.95 USDC$25.59k
2026-08-29 07:05:35	Withdraw	0.00 USDC
2026-08-28 23:14:35	Withdraw	25 USDC$24.98
2026-08-28 21:05:59	Withdraw	25,176.73 USDC$25.16k
2026-08-28 21:05:59	Withdraw	0.00 USDC

1

Date	Amount	Vault / Market
2026-09-02 11:59:35	-2,810.02 USDC-$2808.82	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-01 14:43:11	-0.013 USDC-$0.01	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-08-31 20:47:11	-13.654 USDC-$13.64	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-08-31 04:03:11	-561.291 USDC-$561.05	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-08-29 10:27:23	-5,117.12 USDC-$5114.92	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV

1

Allocation History