M1USDC

Ethereum

The M1 USDC vault is designed to provide liquidity against M1-related collateral assets. Deposits are restricted to allowlisted participants.

Total Deposits

$8.52M

8.52M USDC

Liquidity

$930.52k

930.92k USDC

Exposure

Net APY

7.75

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-06-19

Curator TVL

$23.93M

Total Deposits (USD)

$8.52M

Net APY

7.75%

APY Breakdown

Vault Net APY

7.75%

Performance Fee

5%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked bymM1-USD 86% LLTV	99.99%	8.52M	930.07k	930.07k	89.26%	500M	100%	8.18%
USDCbacked bycbBTC 86% LLTV	0.01%	844.83	844.83	30.11M	91.04%	500M	100%	5.53%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-17 08:25:47	+2,985 USDC+$2983.71	USDCbacked bymM1-USD 86% LLTV
2026-09-16 20:12:35	+2,831.51 USDC+$2830.29	USDCbacked bymM1-USD 86% LLTV
2026-09-14 12:57:23	+9,000 USDC+$8996.13	USDCbacked bymM1-USD 86% LLTV
2026-09-11 19:44:23	+40 USDC+$39.98	USDCbacked bymM1-USD 86% LLTV
2026-09-11 19:42:23	+60 USDC+$59.97	USDCbacked bymM1-USD 86% LLTV

1

Performance

Position Unit Price (USDC)

1.015917

Returns

Instant APY

7.75%

7D APY

8.13%

30D APY

8.4%

90D APY

6.66%

Fees

Performance fee

5%

Management fee

0%

Performance fee recipient

0x255c7705e8BB334DfCae438197f7C4297988085a

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

0x5c48Cffd30a4001916992f464078c47B6e0A92FC

Curator

SAFE 2/7

Sentinel 1

SAFE 1/7

Sentinel 2

0x53E4De730cE0b1D22BDE2C0D96E900F4D968a4B5

Sentinel 3

0x5c48Cffd30a4001916992f464078c47B6e0A92FC

Risk Curation

Allocator 1

SAFE 1/7

Allocator 2

0xaaD84c80b013c34D70E54fB343D0C2f309F635E7

Allocator 3

0xfeed46c11F57B7126a773EeC6ae9cA7aE1C03C9a

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
	4,559,773.43 USDC$4.55M	53.47%
	3,411,480.73 USDC$3.41M	40.00%
	531,272.27 USDC$531.06k	6.23%
	9,115.74 USDC$9112.20	0.10%
	6,820.58 USDC$6817.93	0.07%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-17 08:25:47	Deposit	2,985 USDC$2983.71
2026-09-16 20:12:35	Deposit	2,831.51 USDC$2830.29
2026-09-14 12:57:23	Deposit	9,000 USDC$8996.13
2026-09-11 19:44:23	Deposit	40 USDC$39.98
2026-09-11 19:42:23	Deposit	60 USDC$59.97
2026-09-11 13:25:47	Deposit	10 USDC$9.99
2026-06-30 09:59:47	Deposit	1,500,000.02 USDC$1.49M
2026-06-26 20:40:23	Deposit	523,139.02 USDC$522.91k
2026-06-26 20:23:23	Withdraw	0.719 USDC$0.71
2026-06-26 20:22:23	Deposit	0.719 USDC$0.71

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

7.75%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Allocation History

Total Deposits (USD)

$8.52M

Position Unit Price (USDC)

1.015917

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

7.75%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked bymM1-USD 86% LLTV	99.99%	8.52M	930.07k	930.07k	89.26%	500M	100%	8.18%
USDCbacked bycbBTC 86% LLTV	0.01%	844.83	844.83	30.11M	91.04%	500M	100%	5.53%
Idle Liquidity
	0%	0	0	-	-	-	-	-

User Distribution

User	Deposit	% of Deposits
	4,559,773.43 USDC$4.55M	53.47%
	3,411,480.73 USDC$3.41M	40.00%
	531,272.27 USDC$531.06k	6.23%
	9,115.74 USDC$9112.20	0.10%
	6,820.58 USDC$6817.93	0.07%

of

Owner

0x5c48Cffd30a4001916992f464078c47B6e0A92FC

Curator

SAFE 2/7

Sentinel 1

SAFE 1/7

Sentinel 2

0x53E4De730cE0b1D22BDE2C0D96E900F4D968a4B5

Sentinel 3

0x5c48Cffd30a4001916992f464078c47B6e0A92FC

Morpho vault version

v2

Vault deployment date

2026-06-19

Curator TVL

$23.93M

Allocator 1

SAFE 1/7

Allocator 2

0xaaD84c80b013c34D70E54fB343D0C2f309F635E7

Allocator 3

0xfeed46c11F57B7126a773EeC6ae9cA7aE1C03C9a

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

Date	Amount	Vault / Market
2026-09-17 08:25:47	+2,985 USDC+$2983.71	USDCbacked bymM1-USD 86% LLTV
2026-09-16 20:12:35	+2,831.51 USDC+$2830.29	USDCbacked bymM1-USD 86% LLTV
2026-09-14 12:57:23	+9,000 USDC+$8996.13	USDCbacked bymM1-USD 86% LLTV
2026-09-11 19:44:23	+40 USDC+$39.98	USDCbacked bymM1-USD 86% LLTV
2026-09-11 19:42:23	+60 USDC+$59.97	USDCbacked bymM1-USD 86% LLTV

1

All Transactions

Date	Type	Amount
2026-09-17 08:25:47	Deposit	2,985 USDC$2983.71
2026-09-16 20:12:35	Deposit	2,831.51 USDC$2830.29
2026-09-14 12:57:23	Deposit	9,000 USDC$8996.13
2026-09-11 19:44:23	Deposit	40 USDC$39.98
2026-09-11 19:42:23	Deposit	60 USDC$59.97
2026-09-11 13:25:47	Deposit	10 USDC$9.99
2026-06-30 09:59:47	Deposit	1,500,000.02 USDC$1.49M
2026-06-26 20:40:23	Deposit	523,139.02 USDC$522.91k
2026-06-26 20:23:23	Withdraw	0.719 USDC$0.71
2026-06-26 20:22:23	Deposit	0.719 USDC$0.71

1

Returns

Instant APY

7.75%

7D APY

8.13%

30D APY

8.4%

90D APY

6.66%

Fees

Performance fee

5%

Management fee

0%

Performance fee recipient

0x255c7705e8BB334DfCae438197f7C4297988085a

Management fee recipient

Net APY

7.75%

APY Breakdown

Vault Net APY

7.75%

Performance Fee

5%

Management Fee

0%

M1USDC

1 pending action

Ethereum

The M1 USDC vault is designed to provide liquidity against M1-related collateral assets. Deposits are restricted to allowlisted participants.

Total Deposits

$8.52M

8.52M USDC

Liquidity

$930.52k

930.92k USDC

Exposure

Net APY

7.75

%

1 pending action