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Etherealm USDC

0xb7305d968ecd8a23a13ec01927e3f9588c7653b5View on depeg monitor →

etherc4626 vault60 (high)Needs attention

Last scored: 9/8/2026, 10:20:13 AM

Low risk60/100CHigh risk

Grade C— 20–40% 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. oracle80 pts(+2.40 to score)

Share price: $1.5360

Score history (30d, 77 snapshots)+41 pts since 2026-06-17
1960050100

Alert History

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⚠ Review required

Elevated risk score — manual review recommended before listing.

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.

rRLP
876.4%
$2.9M86% LTV
v1rRLP
0.0%
$0
cbBTC
0.0%
$0
RLP
0.0%
$0WATCH

Source: Morpho markets

Rating breakdown

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

exit_liquidity100
utilization97
oracle80
market_concentration80
Asset25
Protocol risk15

Score 60 (HIGH). Primary drivers: exit liquidity, high utilization, oracle risk.

Risk flags

functionally_illiquidHigh utilisationlow_exit_liquiditymetamorpho_fork_donation_riskmorpho_oracle_insolvency_inexpressibleself_collateralized_drain

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.