Vaults
553 active vaults across 11 chains · $2.4B AUM · $6.01M curator fees annualized · $85.77M borrow interest captured
Vaults as asset managers · Source: Morpho GraphQL · vault_state_daily · as of 2026-06-11
Top 10 vaults by AUM
Bars colored by chain · hover for net APY delivered + curator.
Vault performance landscape
Fee rate vs net APY delivered. Bubble size = AUM, color = asset class. Each dot is one vault; the top 5 by AUM are the largest bubbles.
Vault AUM distribution
Median vault AUM $4.72K · 95% of vaults sit below $10M. A long tail under a handful of mega-vaults.
Vault directory: 768 matches
Click a header to sort, a row to copy its identifier (chain:address). Vaults with APY > 100% are dropped as non-economic.
| Chain· | Vault· | Curator· | Asset· | AUM↓ | Net APY· | Fee Rate· | Fee Take· | Borrow Int.· | AUM 30d Δ· | Util· |
|---|---|---|---|---|---|---|---|---|---|---|
| Base | Apostro Resolv USDC | Apostro | USDC | $40.73K | N/A | 10.0% | 10.0% | N/A | +93.6% | N/A |
| Base | Pocky's High Yield WETH V2 | unattributed | WETH | $39.13K | 1.85% | 0.0% | 0.0% | $724.51 | -33.3% | N/A |
| Base | Lunar Labs Treasury USDC Vault | unattributed | USDC | $36.83K | 0.00% | 0.0% | 0.0% | N/A | +0.0% | N/A |
| Ethereum | USDU Core | AlphaPing | USDU | $34.94K | 0.00% | 0.0% | 0.0% | $0 | +0.0% | N/A |
| Base | AA Quad USDC Vault | unattributed | USDC | $34.54K | 3.64% | 9.0% | 9.0% | $1.38K | -12.3% | N/A |
| Ethereum | SingularV USDT | SingularV | USDT | $32.66K | 3.14% | 10.0% | 10.0% | $1.14K | -17.1% | N/A |
| Base | Safe x Steakhouse ETH | Steakhouse Financial | WETH | $32.65K | 1.41% | 10.0% | 10.0% | $513.18 | -30.2% | N/A |
| Arbitrum | Yearn Degen USDC | Yearn | USDC | $32.22K | 1.42% | 10.0% | 10.0% | $509.25 | -38.2% | N/A |
| Ethereum | Simple USDS | unattributed | USDS | $31.16K | 0.00% | 0.0% | 0.0% | N/A | -0.0% | N/A |
| Ethereum | UltraYield USDT | UltraYield | USDT | $31.01K | 3.49% | 0.0% | 0.0% | $1.08K | +0.3% | N/A |
| Ethereum | Zircuit Finance USDC on Etheruem | unattributed | USDC | $31K | 3.70% | 0.0% | 0.0% | $1.15K | N/A | N/A |
| Base | Sidelined Capital Piggy Bank USDC | unattributed | USDC | $27.17K | 3.54% | 10.0% | 10.0% | $1.07K | -4.4% | N/A |
| Ethereum | Sentora RLUSD | Sentora | RLUSD | $23.15K | 16.25% | 0.0% | 0.0% | $3.76K | -100.0% | N/A |
| Ethereum | Re7 USDT | RE7 Labs | USDT | $22.33K | 0.59% | 5.0% | 5.0% | $138.61 | -0.5% | N/A |
| Unichain | K3 Capital ETH Maxi | K3 Capital | WETH | $22.02K | 0.44% | 10.0% | 10.0% | $106.62 | -73.8% | N/A |
Vaults are MetaMorpho's curated allocators. Depositors put capital into a vault, and the curator allocates across Morpho markets. AUM = total assets supplied to the vault. Net APY is after-fee yield delivered to depositors. Fee Rate is the curator's performance fee on yield. Fee Take Rate = curator fees ÷ borrow interest captured = the share of borrower-paid yield the curator retains (per-vault this reduces to the performance fee). Borrow interest captured = AUM × pre-fee APY.
Vaults reporting APY ≥ 100% are excluded from weighted aggregates as data artifacts (a saturated-utilization underlying market with a runaway IRM). The utilization column shows ". " until vault_allocations_daily backfills.
Datum Labs. (2026). Morpho Research Terminal: Vault directory. Retrieved June 11, 2026 from /vaults.