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Tanken USDC

0xca7c196f00e04a5e1c71b91476d0d58f82499734View on depeg monitor →

etherc4626 vault79.5 (critical)Needs attention

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

Share price: $22.5633

Score history (3d, 3 snapshots)0 pts since 2026-09-06
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's in this vault

Deposits

USDC

What this vault is exposed to

You deposit USDC. Here's what backs your position.

wstUSR
86.1%
$90K92% LTV
RLP
13.9%
$15K86% LTVWATCH
syrupUSDC
0.0%
$0WATCH
sUSDe
0.0%
$0CALM
LBTC
0.0%
$0
PT-cUSD-29JAN2026
0.0%
$0
fxSAVE
0.0%
$0CALM
reUSD
0.0%
$0
cbBTC
0.0%
$0
WBTC
0.0%
$0
weETH
0.0%
$0
PT-sNUSD-5MAR2026
0.0%
$0
ACRDX
0.0%
$0
PT-reUSD-25JUN2026
0.0%
$0
stcUSD
0.0%
$0WATCH

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
market_concentration55
Webacy deployer45
oracle40
Webacy code30
Asset25
Centralization20
Protocol risk15

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

Risk flags

Bad debtliquidation_proximity_risklow_exit_liquiditymetamorpho_fork_donation_riskself_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