KPKwARS Yield

Ethereum

A low-risk wARS vault with 24h automation. Allocations are continuously rebalanced across liquid markets with strict collateral filters to preserve liquidity and mitigate risk.

Total Deposits

$5.88M

9.35B wARS

Liquidity

$5.81M

9.24B wARS

Exposure

+2

Net APY

24.50

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-07-27

Curator TVL

$45.18M

Total Deposits (USD)

$5.88M

Net APY

24.50%

APY Breakdown

Vault Net APY

0.30%

wARS

+24.19%

Performance Fee

0%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (wARS)	Liquidity (wARS)	Underlying Liquidity (wARS)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
wARSbacked bywstETH 62.5% LLTV	0.59%	54.97M	4.47M	4.47M	91.86%	Infinite	100%	31.22%
wARSbacked byWBTC 62.5% LLTV	0.26%	24.26M	2.33M	2.33M	90.39%	Infinite	100%	22.73%
wARSbacked byUSDC 77% LLTV	0.17%	16.15M	1.58M	1.58M	90.18%	Infinite	100%	19.00%
wARSbacked byUSDT 77% LLTV	0.14%	13M	1.21M	1.21M	90.67%	Infinite	100%	24.56%
wARSbacked byWETH 62.5% LLTV	0.07%	6.19M	652.69k	652.69k	89.46%	Infinite	100%	17.56%
wARSbacked bysUSDS 62.5% LLTV	0.06%	5.92M	558.51k	558.51k	90.57%	Infinite	100%	17.45%
wARSbacked bycbBTC 62.5% LLTV	0.02%	2.08M	186.48k	186.48k	91.06%	Infinite	100%	18.54%
Idle Liquidity
	98.69%	9.23B	9.23B	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-14 23:55:59	+84,104.1 wARS+$52.88	wARSbacked bysUSDS 62.5% LLTV
2026-09-14 23:55:59	+53,957.79 wARS+$33.92	wARSbacked byWBTC 62.5% LLTV
2026-09-14 23:55:59	+17,269.23 wARS+$10.85	wARSbacked bywstETH 62.5% LLTV
2026-09-14 23:55:59	-3,276.12 wARS-$2.06	wARSbacked bycbBTC 62.5% LLTV
2026-09-14 23:55:59	-10,489.54 wARS-$6.59	wARSbacked byWETH 62.5% LLTV

1

Performance

Position Unit Price (wARS)

1.000802

Returns

Instant APY

24.5%

7D APY

0.27%

30D APY

0.24%

90D APY

-

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

0xAF150c6d108D0C2c96BbFC3CeF9B4848b5D99440

Allocator 3

SAFE 2/5

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

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
	7,506,069,836.81 wARS$4.71M	80.25%
	1,742,204,307.45 wARS$1.09M	18.62%
	104,147,707.71 wARS$65.49k	1.11%
	337,195.32 wARS$212.03	< 0.01%
	259,363.23 wARS$163.09	< 0.01%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-15 15:09:47	Deposit	12,000,000 wARS$7545.87
2026-09-14 23:55:47	Withdraw	160,000,000 wARS$100.61k
2026-09-14 19:47:11	Withdraw	378,000,000 wARS$237.69k
2026-09-14 14:51:47	Withdraw	253,000,000 wARS$159.09k
2026-09-13 19:14:23	Deposit	1,785.92 wARS$1.12
2026-09-13 17:34:23	Deposit	396.404134 wARS$0.24
2026-09-12 20:17:47	Deposit	387,000,000 wARS$243.35k
2026-09-12 13:34:23	Deposit	655,000,000 wARS$411.87k
2026-09-11 18:13:59	Withdraw	169,000,000 wARS$106.27k
2026-09-10 16:13:59	Withdraw	169,000,000 wARS$106.27k

1

All Transactions

Deposit wARS

$0

0.00 wARS

Network

Ethereum

Deposit (wARS)

0.00

APY

24.50%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Deposit wARS

$0

0.00 wARS

Network

Ethereum

Deposit (wARS)

0.00

APY

24.50%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Position Unit Price (wARS)

1.000802

User Distribution

User	Deposit	% of Deposits
	7,506,069,836.81 wARS$4.71M	80.25%
	1,742,204,307.45 wARS$1.09M	18.62%
	104,147,707.71 wARS$65.49k	1.11%
	337,195.32 wARS$212.03	< 0.01%
	259,363.23 wARS$163.09	< 0.01%

of

Allocation History

Exposure

Markets	Allocation (%)	Allocation (wARS)	Liquidity (wARS)	Underlying Liquidity (wARS)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
wARSbacked bywstETH 62.5% LLTV	0.59%	54.97M	4.47M	4.47M	91.86%	Infinite	100%	31.22%
wARSbacked byWBTC 62.5% LLTV	0.26%	24.26M	2.33M	2.33M	90.39%	Infinite	100%	22.73%
wARSbacked byUSDC 77% LLTV	0.17%	16.15M	1.58M	1.58M	90.18%	Infinite	100%	19.00%
wARSbacked byUSDT 77% LLTV	0.14%	13M	1.21M	1.21M	90.67%	Infinite	100%	24.56%
wARSbacked byWETH 62.5% LLTV	0.07%	6.19M	652.69k	652.69k	89.46%	Infinite	100%	17.56%
wARSbacked bysUSDS 62.5% LLTV	0.06%	5.92M	558.51k	558.51k	90.57%	Infinite	100%	17.45%
wARSbacked bycbBTC 62.5% LLTV	0.02%	2.08M	186.48k	186.48k	91.06%	Infinite	100%	18.54%
Idle Liquidity
	98.69%	9.23B	9.23B	-	-	-	-	-

Total Deposits (USD)

$5.88M

All Transactions

Date	Type	Amount
2026-09-15 15:09:47	Deposit	12,000,000 wARS$7545.87
2026-09-14 23:55:47	Withdraw	160,000,000 wARS$100.61k
2026-09-14 19:47:11	Withdraw	378,000,000 wARS$237.69k
2026-09-14 14:51:47	Withdraw	253,000,000 wARS$159.09k
2026-09-13 19:14:23	Deposit	1,785.92 wARS$1.12
2026-09-13 17:34:23	Deposit	396.404134 wARS$0.24
2026-09-12 20:17:47	Deposit	387,000,000 wARS$243.35k
2026-09-12 13:34:23	Deposit	655,000,000 wARS$411.87k
2026-09-11 18:13:59	Withdraw	169,000,000 wARS$106.27k
2026-09-10 16:13:59	Withdraw	169,000,000 wARS$106.27k

1

Date	Amount	Vault / Market
2026-09-14 23:55:59	+84,104.1 wARS+$52.88	wARSbacked bysUSDS 62.5% LLTV
2026-09-14 23:55:59	+53,957.79 wARS+$33.92	wARSbacked byWBTC 62.5% LLTV
2026-09-14 23:55:59	+17,269.23 wARS+$10.85	wARSbacked bywstETH 62.5% LLTV
2026-09-14 23:55:59	-3,276.12 wARS-$2.06	wARSbacked bycbBTC 62.5% LLTV
2026-09-14 23:55:59	-10,489.54 wARS-$6.59	wARSbacked byWETH 62.5% LLTV

1

Returns

Instant APY

24.5%

7D APY

0.27%

30D APY

0.24%

90D APY

-

Fees

Performance fee

0%

Management fee

0%

Performance fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Management fee recipient

0x9F230218cf7FDe6A9246e6f8CB0b888377E92639

Net APY

24.50%

APY Breakdown

Vault Net APY

0.30%

wARS

+24.19%

Performance Fee

0%

Management Fee

0%

KPKwARS Yield

Ethereum

A low-risk wARS vault with 24h automation. Allocations are continuously rebalanced across liquid markets with strict collateral filters to preserve liquidity and mitigate risk.

Total Deposits

$5.88M

9.35B wARS

Liquidity

$5.81M

9.24B wARS

Exposure

+2

Net APY

24.50

%

Owner

SAFE 5/8

Curator

SAFE 2/5

Sentinel 1

SAFE 5/8

Morpho vault version

v2

Vault deployment date

2026-07-27

Curator TVL

$45.18M

Allocator 1

0x331D9C769185AE25233314859d53c2b9203a1204

Allocator 2

0xAF150c6d108D0C2c96BbFC3CeF9B4848b5D99440

Allocator 3

SAFE 2/5

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

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days