Morpho Safe x Smokehouse USDT 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
$2m
Net APY
4.89%
Active Users
6
Type
Vault
Network
Ethereum
Performance
Assets Under Management · 30D▲ 21.16%
$2m
Over the last 30 days, the total value of Morpho Safe x Smokehouse USDT has grown 21.16% with $400.90K in inflows.
Net APY · 30D▼ 3.36%
4.89%
Over the last 30 days, the APY has decreased from 5.06% to 4.89%.
Active Users · 30D▲ 20.00%
6
Over the last 30 days, active users have increased by 20.00%, reaching 6 wallets.
Vault StrategySource: vaults.fyi · Updated Nov 4, 2026
Deployed100%
Markets6
Wtd APY4.71%
Other collateral45.8%ETH collateral37.0%BTC collateral17.2%+2 smaller: sUSDS 1.55%, sUSDe 0.72%
TapClick a tile for market detailsDeployed100%
Active markets6
Largest marketPT-reUSD-10DEC2026 / USDT · 43.6%
Top 3 markets93.5%
LLTV range86% – 96.5%
Market utilization81.8% – 89.5%
Weighted supply APY4.71%
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.
43.55%$999.63k of vault deposits
Supply APY6.99%
APY contribution3.04%
Utilization89.5%
LLTV91.5%
Liq. penalty2.61%
Market size$17.38m
Market ID0x6acd...14ca
Contract Addresses (1)
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