WebacyStablecoin Universe
OverviewAlertsBackingYieldUpcomingEventsVault IncidentsGraveyardSupply FlowsStablecoin BurnsFreeze IntelligenceModelDocsVault UniverseEcosystemVault StatsProtocolsAbout
← Back to vaultsDocumentation

Tanken USDC

0xca7c196f00e04a5e1c71b91476d0d58f82499734View on depeg monitor →

etherc4626 vault79.5 (critical)Needs attention

Last scored: 10/23/2026, 11:13:07 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: $59.3420

Score history (30d, 48 snapshots)0 pts since 2026-09-06
8080050100

Alert History

Loading alert history…

✕ 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
85.8%
$238K92% LTV
RLP
14.2%
$39K86% LTVCALM
stcUSD
0.0%
$0CALM
PT-cUSD-29JAN2026
0.0%
$0
fxSAVE
0.0%
$0CALM
reUSD
0.0%
$0CALM
syrupUSDC
0.0%
$0CALM
sUSDe
0.0%
$0CALM
LBTC
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

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
oracle80
market_concentration55
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_riskOracle warningself_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