Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.94M

1.94M USDC

Liquidity

$1.11M

1.11M USDC

Exposure

+1

Net APY

4.83

%

Overview

Vault Configuration

Morpho vault version

v1.1

Vault deployment date

2025-06-11

Timelock duration

3 days

Total Deposits (USD)

$1.94M

APY Breakdown

Vault Net APY

4.83%

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	14.62M	$999.76k	6.60%	85.34%
USDCbacked byweETH 77% LLTV	892.87k	110.58k	110.58k	$4.99M	4.42%	90.87%
USDCbacked bycbBTC 86% LLTV	49.71k	5628.57	5628.57	$4.99M	4.16%	90.52%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	413.49k	$999.76k	1.81%	90.00%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bysyrupUSDC 91.5% LLTV	0	0	2652.29	$19.99M	3.65%	90.07%
USDCbacked bystcUSD 91.5% LLTV	0	0	2.32	$4.99M	0.03%	52.08%

Allocation History

Date	Amount	Market
2026-09-14 09:07:23	+0.116 USDC+$0.11	USDCbacked byweETH 77% LLTV
2026-09-14 09:07:23	+9,802.65 USDC+$9800.40	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-14 09:07:23	-449.95 USDC-$449.84	USDCbacked bycbBTC 86% LLTV
2026-09-14 09:07:23	-9,352.82 USDC-$9350.67	USDCbacked byweETH 77% LLTV
2026-09-13 08:38:11	+0.13 USDC+$0.13	USDCbacked bycbBTC 86% LLTV

of

Performance

Position Unit Price (USDC)

1.061994

+1%

Returns

Instant APY

4.83%

7D APY

5.45%

30D APY

5.11%

90D APY

4.05%

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
	1,907,693.78 USDC$1.90M	98.20%
	34,753.36 USDC$34.74k	1.78%
	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
2026-09-09 15:02:11	Vault Deposit	50,000 USDC$49.98k
2026-09-07 11:20:23	Vault Withdraw	20,000 USDC$19.99k
2026-09-06 12:38:47	Vault Withdraw	234.16 USDC$234.10
2026-09-04 10:28:59	Vault Withdraw	894.292 USDC$894.08
2026-09-03 12:59:47	Vault Withdraw	5,009.03 USDC$5007.87
2026-09-03 11:57:59	Vault Withdraw	700 USDC$699.83
2026-09-01 10:29:11	Vault Withdraw	8,100 USDC$8098.13
2026-08-31 09:49:47	Vault Deposit	234.01 USDC$233.95
2026-08-25 01:16:47	Vault Withdraw	0.999 USDC$0.99
2026-08-25 01:16:35	Vault Deposit	0.999 USDC$0.99

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

5.05%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

5.05%

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

Total Deposits (USD)

$1.94M

Position Unit Price (USDC)

1.061994

+1%

User Distribution

User	Deposit	% of Deposits
	1,907,693.78 USDC$1.90M	98.20%
	34,753.36 USDC$34.74k	1.78%
	1.062 USDC$1.06	< 0.01%
	0.1 USDC$0.10	< 0.01%
	< 0.001 USDC$< 0.01	< 0.01%

of

Market Exposure	Vault Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Supply Cap	APY	Utilization
USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV	1M	1M	14.62M	$999.76k	6.60%	85.34%
USDCbacked byweETH 77% LLTV	892.87k	110.58k	110.58k	$4.99M	4.42%	90.87%
USDCbacked bycbBTC 86% LLTV	49.71k	5628.57	5628.57	$4.99M	4.16%	90.52%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	413.49k	$999.76k	1.81%	90.00%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bysyrupUSDC 91.5% LLTV	0	0	2652.29	$19.99M	3.65%	90.07%
USDCbacked bystcUSD 91.5% LLTV	0	0	2.32	$4.99M	0.03%	52.08%

Returns

Instant APY

4.83%

7D APY

5.45%

30D APY

5.11%

90D APY

4.05%

Fees

Performance fee

11.50%

Performance fee recipient

0x8D3B...E439

Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.94M

1.94M USDC

Liquidity

$1.11M

1.11M USDC

Exposure

+1

Net APY

4.83

%

APY Breakdown

Vault Net APY

4.83%

Performance Fee

11.5%

Net APY

4.83%

Allocation History

All transactions

Date	Type	Amount
2026-09-09 15:02:11	Vault Deposit	50,000 USDC$49.98k
2026-09-07 11:20:23	Vault Withdraw	20,000 USDC$19.99k
2026-09-06 12:38:47	Vault Withdraw	234.16 USDC$234.10
2026-09-04 10:28:59	Vault Withdraw	894.292 USDC$894.08
2026-09-03 12:59:47	Vault Withdraw	5,009.03 USDC$5007.87
2026-09-03 11:57:59	Vault Withdraw	700 USDC$699.83
2026-09-01 10:29:11	Vault Withdraw	8,100 USDC$8098.13
2026-08-31 09:49:47	Vault Deposit	234.01 USDC$233.95
2026-08-25 01:16:47	Vault Withdraw	0.999 USDC$0.99
2026-08-25 01:16:35	Vault Deposit	0.999 USDC$0.99

1

Date	Amount	Market
2026-09-14 09:07:23	+0.116 USDC+$0.11	USDCbacked byweETH 77% LLTV
2026-09-14 09:07:23	+9,802.65 USDC+$9800.40	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-14 09:07:23	-449.95 USDC-$449.84	USDCbacked bycbBTC 86% LLTV
2026-09-14 09:07:23	-9,352.82 USDC-$9350.67	USDCbacked byweETH 77% LLTV
2026-09-13 08:38:11	+0.13 USDC+$0.13	USDCbacked bycbBTC 86% LLTV

of