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	533.59k	533.59k	583.08k	$999.58M	11.43%	77.20%
USDCbacked bysavUSD 91.5% LLTV	36.73k	36.73k	1.39M	$19.99M	5.53%	81.19%
USDCIdle Liquidity	0	0	-	-	-	-

Date	Amount	Market
2026-09-14 11:07:59	+126,516.88 USDC+$126.46k	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-14 11:07:59	-126,516.88 USDC-$126.46k	USDCbacked bysavUSD 91.5% LLTV
2026-09-12 11:05:23	+500,706.23 USDC+$500.49k	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-12 11:05:23	-500,706.23 USDC-$500.49k	USDCbacked bysavUSD 91.5% LLTV
2026-05-22 05:55:35	+149,180.78 USDC+$149.11k	USDCbacked bysavUSD 91.5% LLTV

User	Deposit	% of Deposits
	132,903.19 USDC$132.84k	23.30%
	110,289.81 USDC$110.24k	19.33%
	64,037.88 USDC$64.01k	11.22%
	52,398.36 USDC$52.37k	9.18%
	51,478.71 USDC$51.45k	9.02%

Date	Type	Amount
2026-09-17 11:34:59	Vault Deposit	36,730.69 USDC$36.71k
2026-09-17 11:17:47	Vault Withdraw	2.167 USDC$2.16
2026-09-17 09:02:23	Vault Withdraw	93,571.92 USDC$93.53k
2026-09-16 21:38:35	Vault Withdraw	1,285.51 USDC$1284.97
2026-09-16 04:29:23	Vault Deposit	1 USDC$0.99
2026-09-16 04:28:23	Vault Deposit	1 USDC$0.99
2026-09-14 09:21:59	Vault Deposit	1,284.9 USDC$1284.37
2026-09-11 07:52:59	Vault Withdraw	10.091 USDC$10.08
2026-09-09 14:42:59	Vault Withdraw	4,934.52 USDC$4932.46
2026-09-09 12:48:35	Vault Withdraw	80.728 USDC$80.69

User	Deposit	% of Deposits
	132,903.19 USDC$132.84k	23.30%
	110,289.81 USDC$110.24k	19.33%
	64,037.88 USDC$64.01k	11.22%
	52,398.36 USDC$52.37k	9.18%
	51,478.71 USDC$51.45k	9.02%

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

ALPHAUSDC Core

Overview

Allocation

Performance

Risk

Activity

ALPHAUSDC Core