Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.55M

1.55M USDC

Liquidity

$1.1M

1.1M USDC

Exposure

+1

Net APY

5.38

%

Overview

Vault Configuration

Morpho vault version

v1.1

Vault deployment date

2025-06-11

Timelock duration

3 days

Total Deposits (USD)

$1.55M

APY Breakdown

Vault Net APY

5.38%

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	1M	1M	11.12M	$999.99k	7.53%	89.86%
USDCbacked bycbBTC 86% LLTV	540.87k	93.9k	93.9k	$4.99M	3.54%	89.14%
USDCbacked byweETH 77% LLTV	9354.09	9354.09	43.57k	$4.99M	4.25%	90.83%
USDCbacked bysyrupUSDC 91.5% LLTV	0.03	0.03	2428.89	$19.99M	5.36%	90.85%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	< 0.01	< 0.01	0.09	$999.99k	3.48%	90.70%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bystcUSD 91.5% LLTV	0	0	0	$4.99M	0.83%	100.00%

Allocation History

Date	Amount	Market
2026-10-03 03:33:23	+0.037 USDC+$0.03	USDCbacked bysyrupUSDC 91.5% LLTV
2026-10-03 03:33:23	+7,064.57 USDC+$7064.55	USDCbacked bycbBTC 86% LLTV
2026-10-03 03:33:23	+4,144.63 USDC+$4144.62	USDCbacked byweETH 77% LLTV
2026-10-03 03:33:23	+0.001 USDC+$< 0.01	USDCbacked byPT-USDG-24SEP2026 91.5% LLTV
2026-10-03 03:33:23	-283.958 USDC-$283.95	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV

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Performance

Position Unit Price (USDC)

1.065140

+1.16%

Returns

Instant APY

5.38%

7D APY

5.91%

30D APY

5.36%

90D APY

4.67%

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
	1,514,737.06 USDC$1.51M	97.70%
	35,566.09 USDC$35.56k	2.29%
	1.065 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
2026-10-01 13:40:23	Vault Withdraw	665.536 USDC$665.52
2026-10-01 04:56:23	Vault Deposit	648.9 USDC$648.89
2026-10-01 00:30:47	Vault Deposit	3,000 USDC$2999.95
2026-10-01 00:23:11	Vault Deposit	4,500 USDC$4499.93
2026-09-30 15:09:35	Vault Withdraw	37,125.65 USDC$37.12k
2026-09-25 06:44:35	Vault Withdraw	50,000 USDC$49.99k
2026-09-24 01:08:23	Vault Withdraw	13,000 USDC$12.99k
2026-09-23 05:21:23	Vault Withdraw	12,552.67 USDC$12.55k
2026-09-20 10:15:11	Vault Deposit	5,000 USDC$4999.92
2026-09-20 10:04:35	Vault Deposit	4,421.72 USDC$4421.66

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

5.83%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Date	Amount	Market
2026-10-03 03:33:23	+0.037 USDC+$0.03	USDCbacked bysyrupUSDC 91.5% LLTV
2026-10-03 03:33:23	+7,064.57 USDC+$7064.55	USDCbacked bycbBTC 86% LLTV
2026-10-03 03:33:23	+4,144.63 USDC+$4144.62	USDCbacked byweETH 77% LLTV
2026-10-03 03:33:23	+0.001 USDC+$< 0.01	USDCbacked byPT-USDG-24SEP2026 91.5% LLTV
2026-10-03 03:33:23	-283.958 USDC-$283.95	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV

of

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

5.83%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

User Distribution

User	Deposit	% of Deposits
	1,514,737.06 USDC$1.51M	97.70%
	35,566.09 USDC$35.56k	2.29%
	1.065 USDC$1.06	< 0.01%
	0.1 USDC$0.10	< 0.01%
	< 0.001 USDC$< 0.01	< 0.01%

of

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

Total Deposits (USD)

$1.55M

Position Unit Price (USDC)

1.065140

+1.16%

All transactions

Date	Type	Amount
2026-10-01 13:40:23	Vault Withdraw	665.536 USDC$665.52
2026-10-01 04:56:23	Vault Deposit	648.9 USDC$648.89
2026-10-01 00:30:47	Vault Deposit	3,000 USDC$2999.95
2026-10-01 00:23:11	Vault Deposit	4,500 USDC$4499.93
2026-09-30 15:09:35	Vault Withdraw	37,125.65 USDC$37.12k
2026-09-25 06:44:35	Vault Withdraw	50,000 USDC$49.99k
2026-09-24 01:08:23	Vault Withdraw	13,000 USDC$12.99k
2026-09-23 05:21:23	Vault Withdraw	12,552.67 USDC$12.55k
2026-09-20 10:15:11	Vault Deposit	5,000 USDC$4999.92
2026-09-20 10:04:35	Vault Deposit	4,421.72 USDC$4421.66

1

Allocation History

Market Exposure	Vault Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Supply Cap	APY	Utilization
USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV	1M	1M	11.12M	$999.99k	7.53%	89.86%
USDCbacked bycbBTC 86% LLTV	540.87k	93.9k	93.9k	$4.99M	3.54%	89.14%
USDCbacked byweETH 77% LLTV	9354.09	9354.09	43.57k	$4.99M	4.25%	90.83%
USDCbacked bysyrupUSDC 91.5% LLTV	0.03	0.03	2428.89	$19.99M	5.36%	90.85%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	< 0.01	< 0.01	0.09	$999.99k	3.48%	90.70%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bystcUSD 91.5% LLTV	0	0	0	$4.99M	0.83%	100.00%

Returns

Instant APY

5.38%

7D APY

5.91%

30D APY

5.36%

90D APY

4.67%

Fees

Performance fee

11.50%

Performance fee recipient

0x8D3B...E439

Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.55M

1.55M USDC

Liquidity

$1.1M

1.1M USDC

Exposure

+1

Net APY

5.38

%

APY Breakdown

Vault Net APY

5.38%

Performance Fee

11.5%

Net APY

5.38%