morpho
Morpho Safe x Smokehouse USDC
Morpho · Vault · Ethereum

Morpho Safe x Smokehouse 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
$1m
Net APY
6.43%
Active Users
4
Type
Vault
Network
Ethereum
Performance
Assets Under Management · 30D▼ 7.33%
$1m
Over the last 30 days, the total value of Morpho Safe x Smokehouse USDC has dropped 7.33% with $113.64K in outflows.
Net APY · 30D▲ 18.20%
6.43%
Over the last 30 days, the APY has increased from 5.44% to 6.43%.
Active Users · 30D▲ 0.00%
4
Over the last 30 days, active users have increased by 0.00%, reaching 4 wallets.
Vault StrategySource: vaults.fyi · Updated Nov 4, 2026
Deployed100%
Markets3
Wtd APY6.77%
Other collateral69.7%BTC collateral30.3%
TapClick a tile for market details
Deployed100%
Active markets3
Largest marketPT-reUSD-10DEC2026 / USDC · 69.6%
LLTV range86% – 91.5%
Market utilization85.7% – 90.6%
Weighted supply APY6.77%

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.

PT-reUSD-10DEC2026
PT-reUSD-10DEC2026 / USDC
69.59%$999.94k of vault deposits
Supply APY7.52%
APY contribution5.23%
Utilization85.7%
LLTV91.5%
Liq. penalty2.61%
Market size$148.00m
Market ID0x1e9d...fc64
Contract Addresses (1)
Smart Contract0xbEEf...0F2832

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