Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.64M

1.64M USDC

Liquidity

$1.11M

1.11M USDC

Exposure

+1

Net APY

6.13

%

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

6.13%

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	9.55M	$999.68k	8.79%	90.64%
USDCbacked byweETH 77% LLTV	641.93k	115.87k	115.87k	$4.99M	4.15%	90.48%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	391.97k	$999.68k	2.23%	90.55%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bysyrupUSDC 91.5% LLTV	0	0	2549.61	$19.99M	4.20%	90.42%
USDCbacked bycbBTC 86% LLTV	0	0	58.91k	$4.99M	4.13%	90.90%
USDCbacked bystcUSD 91.5% LLTV	0	0	2.32	$4.99M	0.03%	52.08%

Allocation History

Date	Amount	Market
2026-09-17 17:35:35	+0.079 USDC+$0.07	USDCbacked byweETH 77% LLTV
2026-09-17 17:35:35	+7,623.1 USDC+$7620.44	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-17 17:35:35	-7,623.18 USDC-$7620.52	USDCbacked byweETH 77% LLTV
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

of

Performance

Position Unit Price (USDC)

1.062914

+1.03%

Returns

Instant APY

6.13%

7D APY

5.29%

30D APY

5.08%

90D APY

4.18%

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
	1,607,247.31 USDC$1.60M	97.86%
	35,029.89 USDC$35.01k	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$301.68k
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$234.08
2026-09-04 10:28:59	Vault Withdraw	894.292 USDC$894.01
2026-09-03 12:59:47	Vault Withdraw	5,009.03 USDC$5007.46
2026-09-03 11:57:59	Vault Withdraw	700 USDC$699.78
2026-09-01 10:29:11	Vault Withdraw	8,100 USDC$8097.46
2026-08-31 09:49:47	Vault Deposit	234.01 USDC$233.93
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

5.84%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Date	Amount	Market
2026-09-17 17:35:35	+0.079 USDC+$0.07	USDCbacked byweETH 77% LLTV
2026-09-17 17:35:35	+7,623.1 USDC+$7620.44	USDCbacked byPT-reUSD-10DEC2026 91.5% LLTV
2026-09-17 17:35:35	-7,623.18 USDC-$7620.52	USDCbacked byweETH 77% LLTV
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

of

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

5.84%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

User Distribution

User	Deposit	% of Deposits
	1,607,247.31 USDC$1.60M	97.86%
	35,029.89 USDC$35.01k	2.13%
	1.062 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

Position Unit Price (USDC)

1.062914

+1.03%

Total Deposits (USD)

$1.64M

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	1M	1M	9.55M	$999.68k	8.79%	90.64%
USDCbacked byweETH 77% LLTV	641.93k	115.87k	115.87k	$4.99M	4.15%	90.48%
USDCbacked byPT-USDG-24SEP2026 91.5% LLTV	0	0	391.97k	$999.68k	2.23%	90.55%
USDCIdle Liquidity	0	0	-	-	-	-
USDCbacked bysyrupUSDC 91.5% LLTV	0	0	2549.61	$19.99M	4.20%	90.42%
USDCbacked bycbBTC 86% LLTV	0	0	58.91k	$4.99M	4.13%	90.90%
USDCbacked bystcUSD 91.5% LLTV	0	0	2.32	$4.99M	0.03%	52.08%

Returns

Instant APY

6.13%

7D APY

5.29%

30D APY

5.08%

90D APY

4.18%

Fees

Performance fee

11.50%

Performance fee recipient

0x8D3B...E439

Safex Smokehouse USDC

V1

Ethereum

Total Deposits

$1.64M

1.64M USDC

Liquidity

$1.11M

1.11M USDC

Exposure

+1

Net APY

6.13

%

APY Breakdown

Vault Net APY

6.13%

Performance Fee

11.5%

All transactions

Date	Type	Amount
2026-09-16 20:07:59	Vault Withdraw	301,782.04 USDC$301.68k
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$234.08
2026-09-04 10:28:59	Vault Withdraw	894.292 USDC$894.01
2026-09-03 12:59:47	Vault Withdraw	5,009.03 USDC$5007.46
2026-09-03 11:57:59	Vault Withdraw	700 USDC$699.78
2026-09-01 10:29:11	Vault Withdraw	8,100 USDC$8097.46
2026-08-31 09:49:47	Vault Deposit	234.01 USDC$233.93
2026-08-25 01:16:47	Vault Withdraw	0.999 USDC$0.99

1

Net APY

6.13%

Allocation History