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August USDC

0x711a68a82dd80cb0435b281af76b0b80804efab9View on depeg monitor →

etherc4626 vault18.8 (low)Needs attentionStale (53d)

Last scored: 4/16/2026, 9:25:18 AM⚠ May be stale

Low risk18.8/100High risk

Top 3 risk drivers

  1. Centralization40 pts(+4.80 to score)
  2. Strategy50 pts(+2.50 to score)
  3. exit_liquidity40 pts(+2.40 to score)

Share price: $1.0286

Score history (30d, 63 snapshots)-1 pts since 2026-04-02
1110050100

Alert History

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✓ Safe to list

Low composite risk score. Standard disclosures apply.

Withdrawal risk: Some liquidity pressure

88% utilization — withdrawals may be slow or partially queued.

TVL trend

TVL down 5510% 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.

syzUSD
84.2%
$6.7M92% LTV
upUSDC
15.8%
$1.3M92% LTV
wstETH
0.0%
$086% LTV
syrupUSDC
0.0%
$092% LTV
hgETH
0.0%
$086% LTV
sNUSD
0.0%
$092% LTV
cbBTC
0.0%
$086% LTV
WBTC
0.0%
$086% LTV
AA_FalconXUSDC
0.0%
$077% 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
exit_liquidity40
Maturity20
oracle20
utilization15
looping11.8
Asset5
Protocol risk1

Score 19 (LOW). Primary drivers: centralized governance, high utilization, complex strategy.

Risk flags

EOA ownerHigh utilisationliquidation_proximity_risklow_exit_liquiditymetamorpho_fork_donation_riskNew vault

Recursive lending & looping

Loop exposure

15.8%

Looping TVL

$1.3M

Morpho looping markets

upUSDC → USDC
LLTV 92%$1.3M↗ Morpho

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.