morpho
Morpho Spark Blue Chip USDC Vault
Morpho · Vault · Ethereum

Morpho Spark Blue Chip USDC Vault DeFi Yield & Risk Rating

Morpho Vaults allocate deposits to underlying Morpho overcollateralized lending markets. Deposited assets earn yield from interest paid by borrowers and additional liquidity mining incentives. A vault "curator" is responsible for setting the allocations of each vault by enabling/disabling underlying Morpho lending markets and setting the supply cap on each underlying market.

AUM
$1m
Net APY
4.63%
Active Users
10
Type
Vault
Network
Ethereum
Performance
Assets Under Management · 30D▼ 0.04%
$1m
Over the last 30 days, the total value of Morpho Spark Blue Chip USDC Vault has dropped 0.04% with $354.00 in outflows.
Net APY · 30D▲ 4.04%
4.63%
Over the last 30 days, the APY has increased from 4.45% to 4.63%.
Active Users · 30D▲ 11.11%
10
Over the last 30 days, active users have increased by 11.11%, reaching 10 wallets.
Vault StrategySource: vaults.fyi · Updated Nov 4, 2026
Deployed100%
Markets2
Wtd APY4.97%
ETH collateral50.0%BTC collateral50.0%
TapClick a tile for market details
Deployed100%
Active markets2
Largest marketwstETH / USDC · 50.0%
LLTV range86%
Market utilization90.1% – 90.6%
Weighted supply APY4.97%

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.

wstETH
wstETH / USDC
50.00%$499.82k of vault deposits
Supply APY5.35%
APY contribution2.67%
Utilization90.6%
LLTV86%
Liq. penalty4.38%
Market size$33.32m
Market ID0xb323...86cc
Contract Addresses (1)
Smart Contract0x56A7...fd581D

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