morpho
Morpho Pangolins USDC
Morpho · Vault · Base

Morpho Pangolins USDC DeFi Yield & Risk Rating

Morpho Vaults allocate deposits to underlying Morpho lending markets. A vault "curator" is responsible for setting the allocations of each vault and setting risk parameters on each underlying market.

AUM
$8m
Net APY
4.4%
Active Users
118
Type
Vault
Network
Base
Performance
Assets Under Management · 30D▼ 38.30%
$8m
Over the last 30 days, the total value of Morpho Pangolins USDC has dropped 38.30% with $4.68M in outflows.
Net APY · 30D▲ 12.82%
4.4%
Over the last 30 days, the APY has increased from 3.90% to 4.40%.
Active Users · 30D▼ 4.84%
118
Over the last 30 days, active users have decreased by 4.84%, reaching 118 wallets.
Vault StrategySource: vaults.fyi · Updated Nov 3, 2026
Deployed100%
Markets1
Wtd APY4.94%
BTC collateral100.0%
TapClick a tile for market details
Deployed100%
Active markets1
Largest marketcbBTC / USDC · 100.0%
LLTV range86%
Market utilization90.1%
Weighted supply APY4.94%

Weighted supply APY is the live lending rate across the vault's markets, before the vault fee, so it can differ from the Net APY above.

cbBTC
cbBTC / USDC
100.00%$7.54m of vault deposits
Supply APY4.94%
APY contribution4.94%
Utilization90.1%
LLTV86%
Liq. penalty4.38%
Market size$1.80b
Market ID0x9103...1836
Contract Addresses (1)
Smart Contract0x1401...CE006B

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