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

$9.17M

9.18M USDC

Liquidity

$2.09M

2.09M USDC

Exposure

+2

Net APY

6.40

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2025-12-30

Curator TVL

$44.94M

Total Deposits (USD)

$9.17M

Net APY

6.40%

APY Breakdown

Vault Net APY

6.40%

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	57.83%	5.3M	1.07M	1.07M	84.34%	Infinite	100%	6.12%
USDCbacked bysiUSD 91.5% LLTV	26.91%	2.47M	765.07k	765.07k	89.55%	Infinite	100%	6.03%
USDCbacked bysrRoyUSDC 91.5% LLTV	9.8%	900.14k	167.89k	167.89k	89.88%	Infinite	100%	8.75%
USDCbacked byftUSD 86% LLTV	5.34%	490.04k	80.48k	80.48k	83.57%	Infinite	100%	6.99%
USDCbacked byweETH 77% LLTV	0.12%	11.07k	11.07k	110.58k	90.87%	Infinite	100%	4.42%
USDCbacked byYFI 77% LLTV	0%	< 0.01	< 0.01	51.84k	85.33%	0	0%	7.56%
USDCbacked byPT-cUSD-23JUL2026 91.5% LLTV	0%	< 0.01	< 0.01	5.06	51.46%	0	0%	69.98%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-14 13:26:35	-1,001.08 USDC-$1000.88	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 13:26:35	+1,001.09 USDC+$1000.89	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 13:26:35	+3,000 USDC+$2999.39	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 10:01:47	+5,576.85 USDC+$5575.74	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 09:38:47	+33,733.63 USDC+$33.72k	USDCbacked byftUSD 86% LLTV

1

Performance

Position Unit Price (USDC)

1.047733

Returns

Instant APY

6.4%

7D APY

7.19%

30D APY

7.08%

90D APY

7.2%

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
	1,066,401.19 USDC$1.06M	11.61%
	641,554.47 USDC$641.42k	6.98%
	536,433.81 USDC$536.32k	5.84%
	500,039.94 USDC$499.93k	5.44%
	451,518.63 USDC$451.42k	4.91%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-14 13:26:35	Withdraw	1,001.09 USDC$1000.89
2026-09-14 13:26:35	Transfer	-
2026-09-14 13:26:35	Deposit	1,001.09 USDC$1000.89
2026-09-14 13:26:35	Deposit	3,000 USDC$2999.39
2026-09-14 10:01:47	Deposit	5,576.85 USDC$5575.74
2026-09-14 09:04:35	Withdraw	60,000 USDC$59.98k
2026-09-14 08:31:11	Withdraw	3,000 USDC$2999.39
2026-09-14 06:19:59	Withdraw	74,556.5 USDC$74.54k
2026-09-14 06:07:11	Transfer	-
2026-09-14 02:48:35	Transfer	-

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

6.40%

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

6.40%

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	57.83%	5.3M	1.07M	1.07M	84.34%	Infinite	100%	6.12%
USDCbacked bysiUSD 91.5% LLTV	26.91%	2.47M	765.07k	765.07k	89.55%	Infinite	100%	6.03%
USDCbacked bysrRoyUSDC 91.5% LLTV	9.8%	900.14k	167.89k	167.89k	89.88%	Infinite	100%	8.75%
USDCbacked byftUSD 86% LLTV	5.34%	490.04k	80.48k	80.48k	83.57%	Infinite	100%	6.99%
USDCbacked byweETH 77% LLTV	0.12%	11.07k	11.07k	110.58k	90.87%	Infinite	100%	4.42%
USDCbacked byYFI 77% LLTV	0%	< 0.01	< 0.01	51.84k	85.33%	0	0%	7.56%
USDCbacked byPT-cUSD-23JUL2026 91.5% LLTV	0%	< 0.01	< 0.01	5.06	51.46%	0	0%	69.98%
Idle Liquidity
	0%	0	0	-	-	-	-	-

Position Unit Price (USDC)

1.047733

User Distribution

User	Deposit	% of Deposits
	1,066,401.19 USDC$1.06M	11.61%
	641,554.47 USDC$641.42k	6.98%
	536,433.81 USDC$536.32k	5.84%
	500,039.94 USDC$499.93k	5.44%
	451,518.63 USDC$451.42k	4.91%

of

Total Deposits (USD)

$9.17M

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

$44.94M

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

6.4%

7D APY

7.19%

30D APY

7.08%

90D APY

7.2%

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Management fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Net APY

6.40%

APY Breakdown

Vault Net APY

6.40%

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

$9.17M

9.18M USDC

Liquidity

$2.09M

2.09M USDC

Exposure

+2

Net APY

6.40

%

All Transactions

Date	Type	Amount
2026-09-14 13:26:35	Withdraw	1,001.09 USDC$1000.89
2026-09-14 13:26:35	Transfer	-
2026-09-14 13:26:35	Deposit	1,001.09 USDC$1000.89
2026-09-14 13:26:35	Deposit	3,000 USDC$2999.39
2026-09-14 10:01:47	Deposit	5,576.85 USDC$5575.74
2026-09-14 09:04:35	Withdraw	60,000 USDC$59.98k
2026-09-14 08:31:11	Withdraw	3,000 USDC$2999.39
2026-09-14 06:19:59	Withdraw	74,556.5 USDC$74.54k
2026-09-14 06:07:11	Transfer	-
2026-09-14 02:48:35	Transfer	-

1

Date	Amount	Vault / Market
2026-09-14 13:26:35	-1,001.08 USDC-$1000.88	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 13:26:35	+1,001.09 USDC+$1000.89	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 13:26:35	+3,000 USDC+$2999.39	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 10:01:47	+5,576.85 USDC+$5575.74	USDCbacked bysavUSD 91.5% LLTV
2026-09-14 09:38:47	+33,733.63 USDC+$33.72k	USDCbacked byftUSD 86% LLTV

1