KPKUSDC Yield

Ethereum

A USDC vault with 24h automation targeting a balanced risk profile. Allocations are continuously rebalanced across incentive-rich markets on Ethereum with strict caps in place to preserve liquidity and mitigate risk

Total Deposits

$10.35M

10.35M USDC

Liquidity

$2.66M

2.66M USDC

Exposure

Net APY

7.47

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2025-12-30

Curator TVL

$46.06M

Total Deposits (USD)

$10.35M

Net APY

7.47%

APY Breakdown

Vault Net APY

7.47%

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 bysavUSD 91.5% LLTV	57.23%	5.92M	1.39M	1.39M	81.19%	Infinite	100%	5.53%
USDCbacked bysiUSD 91.5% LLTV	23.86%	2.47M	664.26k	664.26k	91.51%	Infinite	100%	9.29%
USDCbacked bysrRoyUSDC 91.5% LLTV	8.7%	900.67k	113.31k	113.31k	92.94%	Infinite	100%	19.52%
USDCbacked byftUSD 86% LLTV	5.12%	529.92k	119.86k	119.86k	77.38%	Infinite	100%	6.53%
USDCbacked byweETH 77% LLTV	2.43%	251.23k	95.76k	95.76k	92.00%	Infinite	100%	5.78%
Idle Liquidity
	2.67%	276.48k	276.48k	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-17 09:42:23	+123,843.58 USDC+$123.78k	USDCbacked bysavUSD 91.5% LLTV
2026-09-17 00:47:47	+1,724.33 USDC+$1723.55	USDCbacked bysavUSD 91.5% LLTV
2026-09-17 00:15:11	+65,710.5 USDC+$65.68k	USDCbacked bysrRoyUSDC 91.5% LLTV
2026-09-17 00:15:11	+14,736.85 USDC+$14.73k	USDCbacked byftUSD 86% LLTV
2026-09-17 00:15:11	-420.212 USDC-$420.02	USDCbacked bysiUSD 91.5% LLTV

1

Performance

Position Unit Price (USDC)

1.048322

Returns

Instant APY

7.47%

7D APY

7.56%

30D APY

7%

90D APY

7.24%

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

No ratings available for this vault.

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 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
	1,075,763.71 USDC$1.07M	10.38%
	641,927.98 USDC$641.63k	6.19%
	536,746.12 USDC$536.50k	5.18%
	500,068.99 USDC$499.84k	4.82%
	451,781.5 USDC$451.57k	4.36%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-17 09:42:23	Deposit	123,843.58 USDC$123.78k
2026-09-17 06:07:23	Transfer	-
2026-09-17 00:47:47	Deposit	1,724.33 USDC$1723.55
2026-09-17 00:09:23	Deposit	80,000 USDC$79.96k
2026-09-17 00:04:47	Deposit	5,602.03 USDC$5599.47
2026-09-16 23:35:23	Deposit	130,000 USDC$129.94k
2026-09-16 22:42:59	Deposit	50,075.32 USDC$50.05k
2026-09-16 22:06:11	Transfer	-
2026-09-16 19:30:11	Deposit	43,544.78 USDC$43.52k
2026-09-16 19:26:47	Deposit	1,504 USDC$1503.31

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

7.47%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Position Unit Price (USDC)

1.048322

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

7.47%

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 bysavUSD 91.5% LLTV	57.23%	5.92M	1.39M	1.39M	81.19%	Infinite	100%	5.53%
USDCbacked bysiUSD 91.5% LLTV	23.86%	2.47M	664.26k	664.26k	91.51%	Infinite	100%	9.29%
USDCbacked bysrRoyUSDC 91.5% LLTV	8.7%	900.67k	113.31k	113.31k	92.94%	Infinite	100%	19.52%
USDCbacked byftUSD 86% LLTV	5.12%	529.92k	119.86k	119.86k	77.38%	Infinite	100%	6.53%
USDCbacked byweETH 77% LLTV	2.43%	251.23k	95.76k	95.76k	92.00%	Infinite	100%	5.78%
Idle Liquidity
	2.67%	276.48k	276.48k	-	-	-	-	-

Total Deposits (USD)

$10.35M

User Distribution

User	Deposit	% of Deposits
	1,075,763.71 USDC$1.07M	10.38%
	641,927.98 USDC$641.63k	6.19%
	536,746.12 USDC$536.50k	5.18%
	500,068.99 USDC$499.84k	4.82%
	451,781.5 USDC$451.57k	4.36%

of

Allocation History

Owner

SAFE 5/8

Curator

SAFE 2/5

Sentinel 1

SAFE 5/8

Morpho vault version

v2

Vault deployment date

2025-12-30

Curator TVL

$46.06M

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 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

Returns

Instant APY

7.47%

7D APY

7.56%

30D APY

7%

90D APY

7.24%

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Management fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Net APY

7.47%

APY Breakdown

Vault Net APY

7.47%

Performance Fee

0%

Management Fee

0%

KPKUSDC Yield

Ethereum

A USDC vault with 24h automation targeting a balanced risk profile. Allocations are continuously rebalanced across incentive-rich markets on Ethereum with strict caps in place to preserve liquidity and mitigate risk

Total Deposits

$10.35M

10.35M USDC

Liquidity

$2.66M

2.66M USDC

Exposure

Net APY

7.47

%

All Transactions

Date	Type	Amount
2026-09-17 09:42:23	Deposit	123,843.58 USDC$123.78k
2026-09-17 06:07:23	Transfer	-
2026-09-17 00:47:47	Deposit	1,724.33 USDC$1723.55
2026-09-17 00:09:23	Deposit	80,000 USDC$79.96k
2026-09-17 00:04:47	Deposit	5,602.03 USDC$5599.47
2026-09-16 23:35:23	Deposit	130,000 USDC$129.94k
2026-09-16 22:42:59	Deposit	50,075.32 USDC$50.05k
2026-09-16 22:06:11	Transfer	-
2026-09-16 19:30:11	Deposit	43,544.78 USDC$43.52k
2026-09-16 19:26:47	Deposit	1,504 USDC$1503.31

1

Date	Amount	Vault / Market
2026-09-17 09:42:23	+123,843.58 USDC+$123.78k	USDCbacked bysavUSD 91.5% LLTV
2026-09-17 00:47:47	+1,724.33 USDC+$1723.55	USDCbacked bysavUSD 91.5% LLTV
2026-09-17 00:15:11	+65,710.5 USDC+$65.68k	USDCbacked bysrRoyUSDC 91.5% LLTV
2026-09-17 00:15:11	+14,736.85 USDC+$14.73k	USDCbacked byftUSD 86% LLTV
2026-09-17 00:15:11	-420.212 USDC-$420.02	USDCbacked bysiUSD 91.5% LLTV

1