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SovaBase USDC

0x4f2ba48faf0ba42c4e4b7871d3861418c83ae568View on depeg monitor →

etherc4626 vault79.5 (critical)Needs attention

Last scored: 10/23/2026, 11:13:07 AM

Low risk79.5/100FHigh risk

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

Top 3 risk drivers

  1. exit_liquidity100 pts(+6.00 to score)
  2. utilization97 pts(+3.88 to score)
  3. Centralization20 pts(+2.40 to score)
Score history (2d, 2 snapshots)0 pts since 2026-10-22
8080050100

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 this vault is exposed to

RLP
100.0%
$103K86% LTVCALM
EIGEN
0.0%
$0
upUSDC
0.0%
$092% LTV
wstETH
0.0%
$0
mMEV
0.0%
$0
mF-ONE
0.0%
$0CALM
mHYPER
0.0%
$0
fxSAVE
0.0%
$0CALM
srUSD
0.0%
$0CALM
ETH+
0.0%
$0
reUSD
0.0%
$0CALM

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
oracle80
market_concentration80
Webacy deployer45
Webacy code30
Asset25
Centralization20
Protocol risk15

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

Risk flags

Bad debtliquidation_proximity_risklow_exit_liquidityOracle warningself_collateralized_drainutil_locked_distressed

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.

Webacy code analysis (1 finding)

Security findings from static analysis. Critical issues (reentrancy, unchecked calls, etc.) may require attention.

delegatecall loop
5664becc
20e507be
77b82368
+2 more