Morpho prime USDC

See author updates; each change needs your approval, never applied automatically.

Deposits across copies

$1.8M

Independently funded portfolios

Exposure

USDC

What the strategy holds

Net APY

6.70%

After strategy fees

Followers

871

Following strategy updates

About

What it does

USDC mostly in Morpho's prime vaults, with Spark as the second venue.

How it decides

Keeps Morpho as the main venue up to 55% and moves the rest to Spark when Morpho's rate drops.

Net APY

6.70%

From 6.37% on 7 Sept 2026 to 6.70% on 7 Oct 2026, 6.98% on average.

Snapshot 7 Oct 2026 · history begins 1 Aug 2026

APY breakdown

Base APY
7.14%
Incentives
+0.50 pp
Performance fee
0% of yield
Management fee
−0.20 pp / year
Author fee
10% of yield · −0.74 pp
Net APY
6.70%

Net APY is after the fees above and strategy financing costs. pp means percentage points. Author fees apply after management fees.

Net APY by day
DayNet APY
7 Oct 20266.70%
6 Oct 20266.32%
5 Oct 20266.18%
4 Oct 20266.29%
3 Oct 20266.44%
2 Oct 20266.41%
1 Oct 20266.19%
30 Sept 20265.99%
29 Sept 20266.04%
28 Sept 20266.37%
27 Sept 20266.85%
26 Sept 20267.40%
25 Sept 20268.19%
24 Sept 20269.22%
23 Sept 20269.84%
22 Sept 20269.56%
21 Sept 20268.74%
20 Sept 20267.96%
19 Sept 20267.39%
18 Sept 20266.97%
17 Sept 20266.77%
16 Sept 20266.81%
15 Sept 20266.92%
14 Sept 20266.86%
13 Sept 20266.56%
12 Sept 20266.17%
11 Sept 20265.97%
10 Sept 20266.07%
9 Sept 20266.32%
8 Sept 20266.46%
7 Sept 20266.37%

Not advice. Beware of links to other sites.

  • tomas.baseCopy of $9.1K2h ago

    Why the move into Morpho last week? The rate gap looked small after costs.

  • dana.base5h ago

    Been in since August. 6.7% net is holding up better than I expected.

  • ines.baseCopy of $32.2K1d ago

    Does the cap per venue apply before or after the idle buffer?

  • 0x2b7d…41f9Copy of $25.7K2d ago

    Would love a weekly note on what changed and why. The activity tab is good but terse.

  • northgate.ethCopy of $19.9K4d ago

    Moved my USDC here from a plain lending position. Same risk, fewer manual moves.

  • lena.ethCopy of $3.0K9d ago

    What happens to deposits if one venue pauses withdrawals?

  • 0x8c21…e0a414d ago

    The fee breakdown under Net APY is the clearest I've seen. Thanks for showing it.

Figures are illustrative · Snapshot 7 Oct 2026