Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.64M

1.64M USDC

Liquidity

$1.08M

1.08M USDC

Exposure

+1

Net APY

6.94

%

Overview

Vault Configuration

Morpho vault version

v1.1

Vault deployment date

2025-06-11

Timelock duration

3 days

Total Deposits (USD)

$1.64M

APY Breakdown

Vault Net APY

6.94%

Performance Fee

11.5%

Allocation

Market Exposure	Vault Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Supply Cap	APY	Utilization
USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV	992.34k	992.34k	8.35M	$999.56k	10.98%	91.55%
USDCbacked byweETH 77% LLTV	649.35k	95.76k	95.76k	$4.99M	5.78%	92.00%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	361.97k	$999.56k	2.62%	91.27%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bysyrupUSDC 91.5% LLTV	0	0	2178.72	$19.99M	5.60%	91.69%
USDCbacked bycbBTC 86% LLTV	0	0	86.29k	$4.99M	1.90%	67.91%
USDCbacked bystcUSD 91.5% LLTV	0	0	2.32	$4.99M	0.03%	52.08%

Allocation History

Date	Amount	Market
2026-09-16 21:10:23	+0.124 USDC+$0.12	USDCbacked byweETH 77% LLTV
2026-09-16 21:10:23	+37,023.69 USDC+$37.01k	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-16 21:10:23	-521.088 USDC-$520.91	USDCbacked bysyrupUSDC 91.5% LLTV
2026-09-16 21:10:23	-36,502.72 USDC-$36.49k	USDCbacked byweETH 77% LLTV
2026-09-16 20:37:11	+0.062 USDC+$0.06	USDCbacked byweETH 77% LLTV

of

Performance

Position Unit Price (USDC)

1.062524

+1.01%

Returns

Instant APY

6.94%

7D APY

5.16%

30D APY

5.09%

90D APY

4.11%

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
	1,606,656.85 USDC$1.60M	97.86%
	35,017.02 USDC$35.00k	2.13%
	1.062 USDC$1.06	< 0.01%
	0.1 USDC$0.10	< 0.01%
	< 0.001 USDC$< 0.01	< 0.01%

of

User Distribution

All transactions

Date	Type	Amount
2026-09-16 20:07:59	Vault Withdraw	301,782.04 USDC$301.65k
2026-09-09 15:02:11	Vault Deposit	50,000 USDC$49.97k
2026-09-07 11:20:23	Vault Withdraw	20,000 USDC$19.99k
2026-09-06 12:38:47	Vault Withdraw	234.16 USDC$234.05
2026-09-04 10:28:59	Vault Withdraw	894.292 USDC$893.90
2026-09-03 12:59:47	Vault Withdraw	5,009.03 USDC$5006.84
2026-09-03 11:57:59	Vault Withdraw	700 USDC$699.69
2026-09-01 10:29:11	Vault Withdraw	8,100 USDC$8096.47
2026-08-31 09:49:47	Vault Deposit	234.01 USDC$233.90
2026-08-25 01:16:47	Vault Withdraw	0.999 USDC$0.99

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

6.94%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Date	Amount	Market
2026-09-16 21:10:23	+0.124 USDC+$0.12	USDCbacked byweETH 77% LLTV
2026-09-16 21:10:23	+37,023.69 USDC+$37.01k	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-16 21:10:23	-521.088 USDC-$520.91	USDCbacked bysyrupUSDC 91.5% LLTV
2026-09-16 21:10:23	-36,502.72 USDC-$36.49k	USDCbacked byweETH 77% LLTV
2026-09-16 20:37:11	+0.062 USDC+$0.06	USDCbacked byweETH 77% LLTV

of

Position Unit Price (USDC)

1.062524

+1.01%

User Distribution

User	Deposit	% of Deposits
	1,606,656.85 USDC$1.60M	97.86%
	35,017.02 USDC$35.00k	2.13%
	1.062 USDC$1.06	< 0.01%
	0.1 USDC$0.10	< 0.01%
	< 0.001 USDC$< 0.01	< 0.01%

of

Total Deposits (USD)

$1.64M

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

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

6.94%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Vault Configuration

Morpho vault version

v1.1

Vault deployment date

2025-06-11

Timelock duration

3 days

Market Exposure	Vault Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Supply Cap	APY	Utilization
USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV	992.34k	992.34k	8.35M	$999.56k	10.98%	91.55%
USDCbacked byweETH 77% LLTV	649.35k	95.76k	95.76k	$4.99M	5.78%	92.00%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	361.97k	$999.56k	2.62%	91.27%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bysyrupUSDC 91.5% LLTV	0	0	2178.72	$19.99M	5.60%	91.69%
USDCbacked bycbBTC 86% LLTV	0	0	86.29k	$4.99M	1.90%	67.91%
USDCbacked bystcUSD 91.5% LLTV	0	0	2.32	$4.99M	0.03%	52.08%

Returns

Instant APY

6.94%

7D APY

5.16%

30D APY

5.09%

90D APY

4.11%

Fees

Performance fee

11.50%

Performance fee recipient

0x8D3B...E439

Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.64M

1.64M USDC

Liquidity

$1.08M

1.08M USDC

Exposure

+1

Net APY

6.94

%

APY Breakdown

Vault Net APY

6.94%

Performance Fee

11.5%

All transactions

Date	Type	Amount
2026-09-16 20:07:59	Vault Withdraw	301,782.04 USDC$301.65k
2026-09-09 15:02:11	Vault Deposit	50,000 USDC$49.97k
2026-09-07 11:20:23	Vault Withdraw	20,000 USDC$19.99k
2026-09-06 12:38:47	Vault Withdraw	234.16 USDC$234.05
2026-09-04 10:28:59	Vault Withdraw	894.292 USDC$893.90
2026-09-03 12:59:47	Vault Withdraw	5,009.03 USDC$5006.84
2026-09-03 11:57:59	Vault Withdraw	700 USDC$699.69
2026-09-01 10:29:11	Vault Withdraw	8,100 USDC$8096.47
2026-08-31 09:49:47	Vault Deposit	234.01 USDC$233.90
2026-08-25 01:16:47	Vault Withdraw	0.999 USDC$0.99

1

Net APY

6.94%

Allocation History