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frobUSDC

0xc3415c9231dad88f8146107372143f6dae042967View on depeg monitor →

arberc4626 vault99.5 (critical)Needs attention

Last scored: 9/8/2026, 10:20:13 AM

Low risk99.5/100FHigh risk

Grade F— > 65% estimated capital-at-riskfrom protocol failure events

Top 3 risk drivers

  1. Centralization55 pts(+6.60 to score)
  2. exit_liquidity100 pts(+6.00 to score)
  3. utilization97 pts(+3.88 to score)

Share price: $18.7689

Score history (30d, 75 snapshots)+38 pts since 2026-06-02
62100050100

Alert History

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✕ Do not list

Critical risk score or blocking flags (redemptions closed, dormant, unverified).

Withdrawal risk: High utilization

100% of the market is borrowed. Partial exits are available; full exit requires waiting for borrowers to repay.

What's in this vault

Deposits

USDC

What this vault is exposed to

You deposit USDC. Here's what backs your position.

RLP
100.0%
$921K86% LTV
PT-sUSDai-18JUN2026
0.0%
$0
thBILL
0.0%
$0CALM
PT-sUSDai-19FEB2026
0.0%
$086% LTV
sUSDai
0.0%
$0
PT-thBILL-19FEB2026
0.0%
$0

Source: Morpho markets

Rating breakdown

Sub-scores sorted by contribution. Each bar is relative to the top contributor.

exit_liquidity100
bad_debt90
liquidation_proximity90
utilization80
market_concentration80
Centralization55
Webacy deployer45
oracle40
Asset25
Protocol risk15
Webacy contract1

Score 80 (CRITICAL). Primary drivers: centralized governance, exit liquidity, high utilization.

Risk flags

Bad debtliquidation_proximity_risklow_exit_liquiditymetamorpho_fork_donation_riskself_collateralized_drainutil_locked_distressedfrozen_operator

Recursive lending & looping

Loop exposure

0.0%

Funding regime

Perp funding rate data (healthy vs compressed/inverted) will indicate when vault yield is from stable vs stressed conditions. Coming soon.