Vault Bridge USDC

0xbeefb9f61cc44895d8aec381373555a64191a9c4View on depeg monitor →

etherc4626 vault18 (low)Needs attentionStale (53d)

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

Low risk18/100High risk

Top 3 risk drivers

Centralization40 pts(+4.80 to score)
Strategy50 pts(+2.50 to score)
TVL outflow100 pts(+2.00 to score)

Share price: $1.0391

Score history (30d, 63 snapshots)+4 pts since 2026-04-02

Alert History

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✓ Safe to list

Low composite risk score. Standard disclosures apply.

Withdrawal risk: Some liquidity pressure

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

TVL trend

TVL down 7510% in 30 days— outflow risk

What's in this vault

Deposits

USDC

LST / LRT collateral— 3.0% 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 USDC. Here's what backs your position.

cbBTC

88.0%

$26.7M86% LTV

WBTC

9.0%

$2.7M86% LTV

wstETH

3.0%

$915K86% LTV

0.0%

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

oracle20

Depeg19.1

utilization15

Maturity10

Asset5

fee_drain5

Protocol risk1

Score 18 (LOW). Primary drivers: centralized governance, complex strategy, high utilization.

Risk flags

2 audits on record

EOA ownerHigh utilisationliquidation_proximity_riskLST redemption lagmetamorpho_fork_donation_riskshared_curator_risk

Recursive lending & looping

Loop exposure

0.0%

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.