AlphaUSDC Core V2

Ethereum

Alpha USDC Core is a conservative mandate-driven on-chain credit vault denominated in USDC. It provides isolated exposure to short-duration over-collateralized strategies with explicit risk constraints transparent positions and deterministic exit paths designed for capital preservation auditability and controlled institutional access.

Total Deposits

$182.86k

182.94k USDC

Liquidity

$182.86k

182.94k USDC

Exposure

Net APY

5.56

%

Overview

Vault Configuration

Morpho vault version

v2

Vault deployment date

2026-01-21

Total Deposits (USD)

$182.85k

Net APY

5.56%

APY Breakdown

Vault Net APY

5.56%

Performance Fee

50%

Management Fee

0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV	100%	182.93k	182.93k	379.58k	85.15%	Infinite	100%	13.70%
USDCbacked byUSP 86% LLTV	0%	0.7	0.7	15.67k	84.27%	Infinite	100%	14.59%
USDCbacked bysavUSD 91.5% LLTV	0%	< 0.01	< 0.01	1.44M	80.65%	Infinite	100%	5.47%
USDCbacked bysDOLA 91.5% LLTV	0%	0	0	0	100.00%	Infinite	100%	10.00%
Idle Liquidity
	0%	4.19	4.19	-	-	-	-	-

Exposure

Allocation History

Date	Amount	Vault / Market
2026-09-17 05:39:11	-4,899.94 USDC-$4897.90	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-13 14:54:23	+< 0.001 USDC+$< 0.01	USDCbacked byUSP 86% LLTV
2026-09-10 10:53:23	+0.003 USDC+$< 0.01	USDCbacked byUSP 86% LLTV
2026-09-08 15:05:59	+0.248 USDC+$0.24	USDCbacked byUSP 86% LLTV
2026-09-08 14:43:59	+0.272 USDC+$0.27	USDCbacked byUSP 86% LLTV

1

Performance

Position Unit Price (USDC)

1.049952

Returns

Instant APY

5.56%

7D APY

8.1%

30D APY

10.67%

90D APY

8.94%

Fees

Performance fee

50%

Management fee

0%

Performance fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Management fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Returns

Instant APY

7D APY

30D APY

90D APY

Fees

Performance fee

Management fee

Performance fee recipient

Management fee recipient

Risk

Risk Disclosures

Curator has not submitted a Disclosure.

Ratings

No ratings available for this vault.

Ratings

Vault Roles

Owner

SAFE 2/4

Curator

SAFE 2/4

Sentinel 1

No address

Risk Curation

Allocator 1

SAFE 2/4

Allocator 2

SAFE 2/4

Timelocks

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
	49,597.35 USDC$49.57k	27.11%
	47,278.42 USDC$47.25k	25.84%
	16,467.97 USDC$16.46k	9.00%
	10,834.62 USDC$10.83k	5.92%
	10,230.33 USDC$10.22k	5.59%

of

User Distribution

All Transactions

Date	Type	Amount
2026-09-17 05:39:11	Withdraw	4,899.61 USDC$4897.57
2026-09-17 05:39:11	Withdraw	0.00 USDC
2026-09-16 16:07:59	Withdraw	0.01 USDC$0.01
2026-09-13 14:54:23	Deposit	< 0.001 USDC$< 0.01
2026-09-13 14:54:23	Withdraw	0.009 USDC$< 0.01
2026-09-10 10:53:23	Deposit	0.003 USDC$< 0.01
2026-09-10 10:53:23	Withdraw	0.019 USDC$0.01
2026-09-08 15:07:11	Withdraw	0.176 USDC$0.17
2026-09-08 15:07:11	Withdraw	0.344 USDC$0.34
2026-09-08 15:05:59	Deposit	0.248 USDC$0.24

1

All Transactions

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

6.63%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Ratings

No ratings available for this vault.

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity (USDC)	Underlying Liquidity (USDC)	Utilization	Absolute Cap	Relative Cap	APY
Variable Rate Markets
USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV	100%	182.93k	182.93k	379.58k	85.15%	Infinite	100%	13.70%
USDCbacked byUSP 86% LLTV	0%	0.7	0.7	15.67k	84.27%	Infinite	100%	14.59%
USDCbacked bysavUSD 91.5% LLTV	0%	< 0.01	< 0.01	1.44M	80.65%	Infinite	100%	5.47%
USDCbacked bysDOLA 91.5% LLTV	0%	0	0	0	100.00%	Infinite	100%	10.00%
Idle Liquidity
	0%	4.19	4.19	-	-	-	-	-

User Distribution

User	Deposit	% of Deposits
	49,597.35 USDC$49.57k	27.11%
	47,278.42 USDC$47.25k	25.84%
	16,467.97 USDC$16.46k	9.00%
	10,834.62 USDC$10.83k	5.92%
	10,230.33 USDC$10.22k	5.59%

of

Deposit USDC

$0

0.00 USDC

Network

Ethereum

Deposit (USDC)

0.00

APY

6.63%

Projected monthly earnings

$0.00

Projected yearly earnings

$0.00

Position Unit Price (USDC)

1.049952

Owner

SAFE 2/4

Curator

SAFE 2/4

Sentinel 1

No address

Morpho vault version

v2

Vault deployment date

2026-01-21

Allocator 1

SAFE 2/4

Allocator 2

SAFE 2/4

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

Add adapter

Time before a curator can enable a new adapter to the vault

3 days

Recommended: 7 days

Increase absolute cap

Time before a curator can raise the maximum amount supplied to an allocation

3 days

Recommended: 7 days

Increase relative cap

Time before a curator can raise the maximum share of the vault supplied to an allocation

3 days

Recommended: 7 days

Total Deposits (USD)

$182.85k

Returns

Instant APY

5.56%

7D APY

8.1%

30D APY

10.67%

90D APY

8.94%

Fees

Performance fee

50%

Management fee

0%

Performance fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

Management fee recipient

0xEB4Af6fA3AFA08B10d593EC8fF87efB03BC04645

AlphaUSDC Core V2

Ethereum

Alpha USDC Core is a conservative mandate-driven on-chain credit vault denominated in USDC. It provides isolated exposure to short-duration over-collateralized strategies with explicit risk constraints transparent positions and deterministic exit paths designed for capital preservation auditability and controlled institutional access.

Total Deposits

$182.86k

182.94k USDC

Liquidity

$182.86k

182.94k USDC

Exposure

Net APY

5.56

%

Net APY

5.56%

APY Breakdown

Vault Net APY

5.56%

Performance Fee

50%

Management Fee

0%

All Transactions

Date	Type	Amount
2026-09-17 05:39:11	Withdraw	4,899.61 USDC$4897.57
2026-09-17 05:39:11	Withdraw	0.00 USDC
2026-09-16 16:07:59	Withdraw	0.01 USDC$0.01
2026-09-13 14:54:23	Deposit	< 0.001 USDC$< 0.01
2026-09-13 14:54:23	Withdraw	0.009 USDC$< 0.01
2026-09-10 10:53:23	Deposit	0.003 USDC$< 0.01
2026-09-10 10:53:23	Withdraw	0.019 USDC$0.01
2026-09-08 15:07:11	Withdraw	0.176 USDC$0.17
2026-09-08 15:07:11	Withdraw	0.344 USDC$0.34
2026-09-08 15:05:59	Deposit	0.248 USDC$0.24

1

Date	Amount	Vault / Market
2026-09-17 05:39:11	-4,899.94 USDC-$4897.90	USDCbacked byCarryTradeUSDTRYLeverage 62.5% LLTV
2026-09-13 14:54:23	+< 0.001 USDC+$< 0.01	USDCbacked byUSP 86% LLTV
2026-09-10 10:53:23	+0.003 USDC+$< 0.01	USDCbacked byUSP 86% LLTV
2026-09-08 15:05:59	+0.248 USDC+$0.24	USDCbacked byUSP 86% LLTV
2026-09-08 14:43:59	+0.272 USDC+$0.27	USDCbacked byUSP 86% LLTV

1

Allocation History