Moonwell Ecosystem USDC Vault

0xe1ba476304255353aef290e6474a417d06e7b773View on depeg monitor →

baseerc4626 vault16.5 (low)Needs attentionStale (53d)

Last scored: 4/16/2026, 9:24:11 AM⚠ May be stale

Low risk16.5/100High risk

Top 3 risk drivers

Centralization40 pts(+4.80 to score)
Strategy50 pts(+2.50 to score)
TVL outflow100 pts(+2.00 to score)

Share price: $1.0334

Score history (30d, 62 snapshots)-23 pts since 2026-04-03

Alert History

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✓ Safe to list

Low composite risk score. Standard disclosures apply.

TVL trend

TVL down 9760% in 30 days— outflow risk

What's in this vault

Deposits

USDC

What this vault is exposed to

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

stkWELL

85.5%

$75K63% LTV

WELL

14.5%

$13K63% LTV

MAMO

0.0%

$039% LTV

Source: Morpho markets

Rating breakdown

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

TVL outflow100

liquidation_proximity85

market_concentration55

Strategy50

Centralization40

Size25

Maturity20

oracle20

utilization15

Volatility10

Asset5

Protocol risk1

Score 16 (LOW). Primary drivers: centralized governance, complex strategy, tvl outflow.

Risk flags

2 audits on record

EOA ownerHigh utilisationliquidation_proximity_riskLow TVLmetamorpho_fork_donation_riskNew vault

Recursive lending & looping

Loop exposure

0.0%

Trading Strategy technical risk

From Trading Strategy's Vault Technical Risk Framework

Negligible

Funding regime

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