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Yearn USDT

0x0963232eb842baf53e8e517691f81745c1f228a0View on depeg monitor →

etherc4626 vault43.9 (medium)Needs attention

Last scored: 7/24/2026, 4:32:26 AM

Low risk43.9/100High risk

Top 3 risk drivers

  1. Protocol risk15 pts(+2.25 to score)
  2. Asset25 pts(+1.25 to score)
  3. audit_recency36.7 pts(+1.10 to score)

Share price: $1.0066

Score history (30d, 42 snapshots)+10 pts since 2026-05-31
3544050100

Alert History

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⚠ List with caution

Moderate risk — recommend disclosing risk tier to users.

Withdrawal risk: Some liquidity pressure

89% utilization — withdrawals may be slow or partially queued.

What's in this vault

Deposits

USDT

LST / LRT collateral— 53.3% of TVL

wstETH

LST/LRT collateral carries redemption lag — under correlated sell pressure, exit queues can stretch hours to days.

What this vault is exposed to

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

wstETH
53.4%
$2.3M86% LTV
WBTC
43.9%
$1.9M86% LTV
XAUt
1.8%
$77K77% LTVCALM
cbBTC
0.9%
$40K86% LTV
sUSDS
0.0%
$0WATCH

Source: Morpho markets

Rating breakdown

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

audit_recency36.7
Asset25
governance_behavior25
oracle20
Protocol risk15
utilization15
market_concentration15

Score 44 (MEDIUM). Primary drivers: external protocol risk. Active signals: prior exploit.

Risk flags

2 audits on record · last 2.4yr ago
Statemind, ChainSecurity
Exploit historyLST redemption lagmetamorpho_fork_donation_riskownership_transfer

Recursive lending & looping

Loop exposure

0.0%

Exploit history

via DeFiLlama

Incidents

3

Total lost

$22.8M

Worst incident

$11.5M

EcosystemProtocol LogicFlashloan Misconfiguration ExploitFlashloan Price Oracle AttackMisconfigured Fulcrum sUSD Strategy

Funding regime

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