Safex Smokehouse USDT

V1

Ethereum

Total Deposits

$1.79M

1.8M USDT

Liquidity

$1.47M

1.48M USDT

Exposure

+4

Net APY

5.37

%

Overview

Vault Configuration

Morpho vault version

v1.1

Vault deployment date

2025-06-11

Timelock duration

3 days

Total Deposits (USD)

$1.79M

APY Breakdown

Vault Net APY

5.37%

Performance Fee

11.5%

Allocation

Market Exposure	Vault Allocation (USDT)	Liquidity (USDT)	Underlying Liquidity (USDT)	Supply Cap	APY	Utilization
USDTbacked byPT-reUSD-10DEC2026 91.5% LLTV	1M	680.44k	680.44k	$999.16k	9.03%	90.78%
USDTbacked byWBTC 86% LLTV	610.24k	610.24k	13.69M	$49.95M	2.50%	84.04%
USDTbacked bywstETH 86% LLTV	142.83k	142.83k	20.92M	$4.99M	2.50%	84.28%
USDTbacked byweETH 86% LLTV	38.66k	38.66k	167.98k	$4.99M	2.78%	88.32%
USDTbacked bysUSDe 91.5% LLTV	6073.66	6073.66	38.06k	$49.95M	2.65%	85.38%
USDTbacked bysUSDS 96.5% LLTV	2060.38	2060.38	2.31M	$9.99M	2.50%	84.70%
USDTbacked bysyrupUSDC 91.5% LLTV	0.01	0.01	1.1	$9.99M	3.52%	84.86%
USDTbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	0.8	$999.16k	2.59%	85.99%
USDTIdle Liquidity	0	0	-	-	-	-
USDTbacked bysyrupUSDT 91.5% LLTV	0	0	916.63k	$9.99M	2.59%	84.08%

Allocation History

Date	Amount	Market
2026-09-15 12:37:11	+0.111 USDT+$0.11	USDTIdle Liquidity
2026-09-15 12:37:11	+35,211.55 USDT+$35.18k	USDTbacked byWBTC 86% LLTV
2026-09-15 12:37:11	+7,153.97 USDT+$7148.01	USDTbacked byweETH 86% LLTV
2026-09-15 12:37:11	+2,060.07 USDT+$2058.35	USDTbacked bysUSDS 96.5% LLTV
2026-09-15 12:37:11	+1,156.72 USDT+$1155.75	USDTbacked bysUSDe 91.5% LLTV

of

Performance

Position Unit Price (USDT)

1.055835

+1.04%

Returns

Instant APY

5.37%

7D APY

5.17%

30D APY

4.82%

90D APY

4.21%

Fees

Performance fee

11.50%

Performance fee recipient

0x8D3B...E439

Returns

Risk

Risk Disclosures

Curator has not submitted a Disclosure.

Ratings

No ratings available for this vault.

Ratings

Vault Roles

Risk Curation

Allocator 1

0x0000...9dA8

Allocator 2

0x7a17...4E8d

Allocator 3

0x9E91...f9e1

Allocator 4

0xfC58...d827

Allocator 5

0xfeed...3C9a

Allocator 6

Public Allocator

0xfd32...c75D

Risk Curation

Activity

User Distribution

User	Deposit	% of Deposits
	1,774,799.08 USDT$1.77M	98.58%
	25,389.08 USDT$25.36k	1.41%
	8.169 USDT$8.16	< 0.01%
	1.055 USDT$1.05	< 0.01%
	0.1 USDT$0.10	< 0.01%

of

User Distribution

All transactions

Date	Type	Amount
2026-09-15 18:40:59	Vault Withdraw	1,952.35 USDT$1950.72
2026-09-04 08:28:59	Vault Withdraw	780.091 USDT$779.44
2026-08-29 10:46:59	Vault Withdraw	6,038.41 USDT$6033.37
2026-08-25 00:32:23	Vault Withdraw	1 USDT$0.99
2026-08-25 00:31:59	Vault Deposit	1 USDT$0.99
2026-08-24 06:22:35	Vault Withdraw	1 USDT$0.99
2026-08-24 06:22:23	Vault Deposit	1 USDT$0.99
2026-08-20 03:54:59	Vault Deposit	2,500 USDT$2497.91
2026-08-20 03:51:35	Vault Deposit	10,000 USDT$9991.66
2026-08-15 11:41:23	Vault Withdraw	50,000 USDT$49.95k

1

All Transactions

Deposit USDT

$0

0.00 USDT

Network

Ethereum

Deposit (USDT)

0.00

APY

4.29%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Date	Amount	Market
2026-09-15 12:37:11	+0.111 USDT+$0.11	USDTIdle Liquidity
2026-09-15 12:37:11	+35,211.55 USDT+$35.18k	USDTbacked byWBTC 86% LLTV
2026-09-15 12:37:11	+7,153.97 USDT+$7148.01	USDTbacked byweETH 86% LLTV
2026-09-15 12:37:11	+2,060.07 USDT+$2058.35	USDTbacked bysUSDS 96.5% LLTV
2026-09-15 12:37:11	+1,156.72 USDT+$1155.75	USDTbacked bysUSDe 91.5% LLTV

of

User Distribution

User	Deposit	% of Deposits
	1,774,799.08 USDT$1.77M	98.58%
	25,389.08 USDT$25.36k	1.41%
	8.169 USDT$8.16	< 0.01%
	1.055 USDT$1.05	< 0.01%
	0.1 USDT$0.10	< 0.01%

of

Deposit USDT

$0

0.00 USDT

Network

Ethereum

Deposit (USDT)

0.00

APY

4.29%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Allocator 1

0x0000...9dA8

Allocator 2

0x7a17...4E8d

Allocator 3

0x9E91...f9e1

Allocator 4

0xfC58...d827

Allocator 5

0xfeed...3C9a

Allocator 6

Public Allocator

0xfd32...c75D

Vault Roles

Owner

SAFE 5/10

Curator

SAFE 2/7

Guardian

Aragon DAO

Owner

SAFE 5/10

Curator

SAFE 2/7

Guardian

Aragon DAO

Vault Configuration

Morpho vault version

v1.1

Vault deployment date

2025-06-11

Timelock duration

3 days

Position Unit Price (USDT)

1.055835

+1.04%

Total Deposits (USD)

$1.79M

All transactions

Date	Type	Amount
2026-09-15 18:40:59	Vault Withdraw	1,952.35 USDT$1950.72
2026-09-04 08:28:59	Vault Withdraw	780.091 USDT$779.44
2026-08-29 10:46:59	Vault Withdraw	6,038.41 USDT$6033.37
2026-08-25 00:32:23	Vault Withdraw	1 USDT$0.99
2026-08-25 00:31:59	Vault Deposit	1 USDT$0.99
2026-08-24 06:22:35	Vault Withdraw	1 USDT$0.99
2026-08-24 06:22:23	Vault Deposit	1 USDT$0.99
2026-08-20 03:54:59	Vault Deposit	2,500 USDT$2497.91
2026-08-20 03:51:35	Vault Deposit	10,000 USDT$9991.66
2026-08-15 11:41:23	Vault Withdraw	50,000 USDT$49.95k

1

Market Exposure	Vault Allocation (USDT)	Liquidity (USDT)	Underlying Liquidity (USDT)	Supply Cap	APY	Utilization
USDTbacked byPT-reUSD-10DEC2026 91.5% LLTV	1M	680.44k	680.44k	$999.16k	9.03%	90.78%
USDTbacked byWBTC 86% LLTV	610.24k	610.24k	13.69M	$49.95M	2.50%	84.04%
USDTbacked bywstETH 86% LLTV	142.83k	142.83k	20.92M	$4.99M	2.50%	84.28%
USDTbacked byweETH 86% LLTV	38.66k	38.66k	167.98k	$4.99M	2.78%	88.32%
USDTbacked bysUSDe 91.5% LLTV	6073.66	6073.66	38.06k	$49.95M	2.65%	85.38%
USDTbacked bysUSDS 96.5% LLTV	2060.38	2060.38	2.31M	$9.99M	2.50%	84.70%
USDTbacked bysyrupUSDC 91.5% LLTV	0.01	0.01	1.1	$9.99M	3.52%	84.86%
USDTbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	0.8	$999.16k	2.59%	85.99%
USDTIdle Liquidity	0	0	-	-	-	-
USDTbacked bysyrupUSDT 91.5% LLTV	0	0	916.63k	$9.99M	2.59%	84.08%

Returns

Instant APY

5.37%

7D APY

5.17%

30D APY

4.82%

90D APY

4.21%

Fees

Performance fee

11.50%

Performance fee recipient

0x8D3B...E439

Safex Smokehouse USDT

V1

Ethereum

Total Deposits

$1.79M

1.8M USDT

Liquidity

$1.47M

1.48M USDT

Exposure

+4

Net APY

5.37

%

APY Breakdown

Vault Net APY

5.37%

Performance Fee

11.5%

Net APY

5.37%

Allocation History