Vaults
577 active vaults across 11 chains · $2.03B AUM · $4.12M curator fees annualized · $63.39M borrow interest captured
Vaults as asset managers · Source: Morpho GraphQL · vault_state_daily · as of 2026-09-09
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 $1.64K · 95% of vaults sit below $10M. A long tail under a handful of mega-vaults.
Vault directory: 788 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· |
|---|---|---|---|---|---|---|---|---|---|---|
| HyperEVM | HyperEVM USDe Idle Vault | unattributed | USDe | $101.97 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Monad | Pocky's High Yield AUSD - Personal Vault | unattributed | AUSD | $101.39 | 3.08% | 0.0% | 0.0% | $1.09 | +0.3% | N/A |
| Base | Anzen Boosted USDC | unattributed | USDC | $100.02 | 0.00% | 0.0% | 0.0% | N/A | +0.0% | N/A |
| Ethereum | Turtle cbBTC | 9Summits | cbBTC | $93.71 | 0.01% | 10.0% | 10.0% | $0.01 | +24.1% | N/A |
| Ethereum | Steakhouse RUSD | Steakhouse Financial | rUSD | $92.39 | 0.00% | 0.0% | 0.0% | N/A | +0.1% | N/A |
| Ethereum | Parity Core ETH | unattributed | WETH | $91.77 | 1.68% | 0.0% | 0.0% | $1.54 | -100.0% | N/A |
| Ethereum | Cap USDC | unattributed | USDC | $89.99 | 0.00% | 0.0% | 0.0% | N/A | +0.0% | N/A |
| Arbitrum | Blend Euler Earn USDC V1 | unattributed | eeUSDC | $89.34 | 0.00% | 0.0% | 0.0% | N/A | +0.0% | N/A |
| Ethereum | Alpha WETH (installer) | unattributed | WETH | $89.06 | N/A | 0.0% | 0.0% | N/A | +78.4% | N/A |
| Ethereum | SolvBTC Babylon Vault | Gauntlet | xSolvBTC | $85.13 | 0.00% | 20.0% | 20.0% | N/A | +27.4% | N/A |
| Base | Testing with Frens | unattributed | USDC | $83.75 | 4.12% | 0.0% | 0.0% | $3.45 | +0.4% | N/A |
| Ethereum | Alpha MUSD | AlphaPing | MUSD | $82.23 | 0.00% | 10.0% | 10.0% | $0 | -0.0% | N/A |
| Ethereum | Apostro Resolv USR | Apostro | USR | $79.46 | 0.01% | 10.0% | 10.0% | $0.01 | -8.1% | N/A |
| Ethereum | Steakhouse WBTC | Steakhouse Financial | WBTC | $78.8 | 0.00% | 5.0% | 5.0% | N/A | +23.6% | N/A |
| Ethereum | kpk USDC Yield | KPK | USDC | $73.34 | N/A | 0.0% | 0.0% | N/A | +2.7% | 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 September 9, 2026 from /vaults.