Galaxy

USDC Enhanced

The Morpho Enhanced USDC Vault allocates stablecoin liquidity across a curated selection of Morpho markets that include both blue-chip and higher-yielding collateral types.

Overview

Vault Configuration

Allocation

Exposure

Performance

Returns

Instant APY

7D APY

30D APY

90D APY

Fees

Performance fee

Management fee

Performance fee recipient

Management fee recipient

Risk

Risk Disclosures

By depositing into, withdrawing from, or otherwise interacting with this vault, you agree to be bound by the terms of use set out at docs.curation.galaxy.com/legal/terms-of-use (“Terms of Use”) and further acknowledge and agree:

• The vault curator, Galaxy Curation LLC (“Galaxy”) and its affiliates do not in any way guarantee the performance, security or availability of the vault or any related software or technology, including but not limited to, smart contracts, blockchain networks, centralized and decentralized protocols, or any integrations, dependencies, or third-party services.
• You assume all risks associated with any investment decisions you make in connection with any vault and represent that you have conducted, or will conduct, your own independent evaluation of the vault, including by regularly reviewing the relevant source code, onchain configuration, and underlying exposures no less frequently than every seven (7) days.
• You are solely responsible for determining whether the vault is appropriate for your use, financial circumstances, risk tolerance and technical capabilities.
• Galaxy is an information and technology service provider only, and does not provide investment management, asset management, investment advisory, fiduciary or custodial services in connection with any assets you deposit in the vault, and Galaxy does not manage or hold any such assets.

The Terms of Use contain a binding arbitration agreement and a class action waiver. This affects your legal rights, including your right to sue in court or to have a jury trial, and your right to participate in a class or representative proceeding. Please review Section 13 (Dispute Resolution) of the Terms of Use carefully prior to depositing into, withdrawing from, or otherwise interacting with this vault.

Ratings

Vault Roles

Risk Curation

Timelocks

Activity

User Distribution

All Transactions

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byPST 86% LLTV	39.35%	3.18M	3.18M	3.54M	90.65%	5M	100%	7.30%
USDCbacked bycbBTC 86% LLTV	28.3%	2.28M	2.28M	33.68M	90.01%	Infinite	100%	4.31%
USDCbacked byreUSD 91.5% LLTV	26.03%	2.1M	1M	1M	90.16%	10M	100%	5.69%
USDCbacked byLBTC 86% LLTV	5.06%	409.17k	173.53k	173.53k	90.84%	10M	100%	6.82%
USDCbacked byPT-USDat-14JAN2027 91.5% LLTV	1.25%	100.74k	100.74k	229.71k	86.35%	5M	100%	4.51%
USDCbacked byweETH 77% LLTV	0%	0	0	44.55k	90.70%	Infinite	100%	4.29%
USDCbacked byPT-USDat-27AUG2026 91.5% LLTV	0%	0	0	430.45	92.55%	5M	100%	29.92%
USDCbacked byPRIME 86% LLTV	0%	0	0	182.15k	88.89%	5M	100%	4.25%
Idle Liquidity
	0%	2.06	2.06	-	-	-	-	-

Date	Amount	Vault / Market
2026-10-05 20:14:59	+640,000 USDC+$639.85k	USDCbacked byPST 86% LLTV
2026-10-05 20:14:59	-150,000 USDC-$149.96k	USDCbacked byPT-USDat-14JAN2027 91.5% LLTV
2026-10-05 20:14:59	-190,000 USDC-$189.95k	USDCbacked byLBTC 86% LLTV
2026-10-05 20:14:59	-300,000 USDC-$299.93k	USDCbacked bycbBTC 86% LLTV
2026-09-28 15:27:35	+299,999.35 USDC+$299.93k	USDCbacked byPST 86% LLTV

User	Deposit	% of Deposits
	5,214,963.68 USDC$5.21M	64.49%
	2,034,441.48 USDC$2.03M	25.16%
	826,843.46 USDC$826.65k	10.22%
	8,177.75 USDC$8175.90	0.10%
	1,005.36 USDC$1005.13	0.01%

Date	Type	Amount
2026-09-23 09:33:35	Deposit	5 USDC$4.99
2026-09-22 22:13:23	Withdraw	100,006.36 USDC$99.98k
2026-09-22 21:36:47	Deposit	100,006.02 USDC$99.98k
2026-08-28 10:00:23	Deposit	1,000 USDC$999.77
2026-08-18 18:36:47	Deposit	15,259.45 USDC$15.25k
2026-08-08 04:51:23	Withdraw	30,028.7 USDC$30.02k
2026-07-31 03:55:11	Deposit	30,000 USDC$29.99k
2026-07-26 13:22:23	Transfer	-
2026-07-23 08:25:47	Transfer	-
2026-07-23 08:25:47	Deposit	0.299 USDC$0.29

Date	Amount	Vault / Market
2026-10-05 20:14:59	+640,000 USDC+$639.85k	USDCbacked byPST 86% LLTV
2026-10-05 20:14:59	-150,000 USDC-$149.96k	USDCbacked byPT-USDat-14JAN2027 91.5% LLTV
2026-10-05 20:14:59	-190,000 USDC-$189.95k	USDCbacked byLBTC 86% LLTV
2026-10-05 20:14:59	-300,000 USDC-$299.93k	USDCbacked bycbBTC 86% LLTV
2026-09-28 15:27:35	+299,999.35 USDC+$299.93k	USDCbacked byPST 86% LLTV

Overview

Allocation

Performance

Risk

Activity

Overview

Allocation

Performance

Risk

Activity

GalaxyUSDC Enhanced

Overview

Allocation

Performance

Risk

Activity

GalaxyUSDC Enhanced