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USDC ETH

0x5e577efb2807d106e2a8bdde3fc5fcffffc9ec13View on depeg monitor →

etherc4626 vault80 (critical)Needs attention

Last scored: 8/26/2026, 10:06:28 AM

Low risk80/100FHigh risk

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

Top 3 risk drivers

  1. Centralization40 pts(+4.80 to score)
  2. utilization96.8 pts(+3.87 to score)
  3. Protocol risk15 pts(+2.25 to score)

Share price: $1.2278

Score history (30d, 77 snapshots)+69 pts since 2026-05-22
1180050100

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.

stUSDS
0.0%
$086% LTVWATCH
reUSD
0.0%
$0
PT-reUSD-10DEC2026
0.0%
$0
AA_FalconXUSDC
0.0%
$0
sNUSD
0.0%
$392% LTVWATCH
cbBTC
0.0%
$0
wstETH
0.0%
$0
WBTC
0.0%
$0
syrupUSDC
0.0%
$0WATCH

Source: Morpho markets

Rating breakdown

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

utilization96.82000000000002
Centralization40
Asset25
oracle20
Protocol risk15

Score 80 (CRITICAL). Primary drivers: centralized governance, high utilization, external protocol risk.

Risk flags

EOA ownerHigh utilisationmetamorpho_fork_donation_riskutil_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.