ALPHA

USDC Core

ALPHA USDC Core is a performance-driven vault focused on maximizing risk-adjusted returns for USDC. By allocating capital to high-conviction strategies and supporting the creation of deep, tradable markets, the vault serves as a foundation for sustainable liquidity growth and long-term yield optimization.

Overview

Allocation

Performance

Returns

Risk

Risk Disclosures

Alpha Morpho Vaults are designed to help users earn optimized, risk-adjusted returns by participating in on-chain credit markets. While these systems are thoughtfully built with security and transparency in mind, it's important to understand that certain risks do exist when engaging with DeFi lending protocols.

As with any smart contract, there is a small possibility of bugs or vulnerabilities. Vaults also depend on external price feeds (oracles) to function accurately, and fluctuations in liquidity or collateral values can impact how vaults perform. That said, these systems typically include safeguards such as overcollateralization, liquidation buffers, and curator oversight to help maintain overall stability.

Users should also be aware that yield in these vaults depends on lending activity and market conditions. In rare cases, high utilization or sudden withdrawals may temporarily affect access to liquidity. Governance processes, including time-locked updates, are in place to help manage these situations transparently.

Overall, Alpha Morpho Vaults aim to strike a strong balance between performance and safety. We encourage users to review vault strategies, remain informed, and invest according to their individual risk tolerance.

Ratings

Risk Curation

Activity

User Distribution

All Transactions

Market Exposure	Vault Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Supply Cap	APY	Utilization
USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV	375.98k	245.29k	245.29k	$999.76M	10.00%	87.97%
USDCbacked bysavUSD 91.5% LLTV	828.86	828.86	778.11k	$19.99M	6.23%	89.19%
USDCIdle Liquidity	0	0	-	-	-	-

Date	Amount	Market
2026-09-14 11:07:59	+126,516.88 USDC+$126.48k	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-14 11:07:59	-126,516.88 USDC-$126.48k	USDCbacked bysavUSD 91.5% LLTV
2026-09-12 11:05:23	+500,706.23 USDC+$500.59k	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-12 11:05:23	-500,706.23 USDC-$500.59k	USDCbacked bysavUSD 91.5% LLTV
2026-05-22 05:55:35	+149,180.78 USDC+$149.14k	USDCbacked bysavUSD 91.5% LLTV

User	Deposit	% of Deposits
	110,568.85 USDC$110.54k	29.34%
	64,199.9 USDC$64.18k	17.03%
	52,530.94 USDC$52.51k	13.94%
	51,608.95 USDC$51.59k	13.69%
	28,148.39 USDC$28.14k	7.47%

Date	Type	Amount
2026-10-06 12:39:35	Vault Withdraw	10.3 USDC$10.29
2026-10-05 20:06:23	Vault Withdraw	9,701.76 USDC$9699.52
2026-10-04 21:03:11	Vault Withdraw	1,034.35 USDC$1034.11
2026-10-04 19:34:11	Vault Deposit	11,572.21 USDC$11.56k
2026-10-03 09:36:11	Vault Deposit	1 USDC$0.99
2026-10-01 09:18:23	Vault Withdraw	3,109.64 USDC$3108.92
2026-09-29 13:57:47	Vault Withdraw	10,091.66 USDC$10.08k
2026-09-29 05:38:11	Vault Withdraw	0.991 USDC$0.99
2026-09-29 05:30:35	Vault Deposit	0.991 USDC$0.99
2026-09-25 07:14:11	Vault Withdraw	28.564 USDC$28.55

User	Deposit	% of Deposits
	110,568.85 USDC$110.54k	29.34%
	64,199.9 USDC$64.18k	17.03%
	52,530.94 USDC$52.51k	13.94%
	51,608.95 USDC$51.59k	13.69%
	28,148.39 USDC$28.14k	7.47%

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

ALPHAUSDC Core

Overview

Allocation

Performance

Risk

Activity

ALPHAUSDC Core