Vaults
553 active vaults across 11 chains · $2.39B AUM · $6.34M curator fees annualized · $91.89M 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 $5.05K · 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· |
|---|---|---|---|---|---|---|---|---|---|---|
| Worldchain | Re7 WETH | unattributed | WETH | $3.31M | 6.11% | 10.0% | 10.0% | $8.4K | +28.8% | N/A |
| Ethereum | MEV Capital wETH | MEV Capital | WETH | $3.17M | 1.47% | 10.0% | 10.0% | $51.73K | -30.9% | N/A |
| Ethereum | Gauntlet LRT Core | Gauntlet | WETH | $3M | 1.49% | 10.0% | 10.0% | $49.57K | -40.8% | N/A |
| Ethereum | Yearn WBTC | Yearn | WBTC | $2.92M | 0.21% | 0.0% | 0.0% | $6.18K | +1603865757.7% | N/A |
| Ethereum | Hyperithm USDC Apex | Hyperithm | USDC | $2.88M | 5.96% | 10.0% | 10.0% | $191.45K | -19.0% | N/A |
| Polygon | Compound POL | Gauntlet | WPOL | $2.65M | 0.12% | 10.0% | 10.0% | $3.56K | -30.3% | N/A |
| Ethereum | Yearn USDC | Yearn | USDC | $2.63M | 3.65% | 0.0% | 0.0% | $96.24K | +722.2% | N/A |
| Ethereum | Steakhouse Reservoir USDC | Steakhouse Financial | USDC | $2.49M | 5.14% | 5.0% | 5.0% | $95.13K | -55.2% | N/A |
| Monad | Grove x Steakhouse High Yield AUSD | Steakhouse Financial | AUSD | $2.47M | 8.22% | 0.0% | 0.0% | $141.34K | -82.9% | N/A |
| Ethereum | Index Coop hyETH | Gauntlet | WETH | $2.43M | 1.47% | 10.0% | 10.0% | $39.67K | -51.3% | N/A |
| Arbitrum | Steakhouse High Yield USDC | Steakhouse Financial | USDC | $2.33M | 5.82% | 10.0% | 10.0% | $151.45K | -15.6% | N/A |
| Base | Clearstar USDC Reactor | Clearstar | USDC | $2.33M | 3.23% | 15.0% | 15.0% | $88.85K | -18.4% | N/A |
| Ethereum | Safe x Smokehouse USDC | Steakhouse Financial | USDC | $2.26M | 3.50% | 11.5% | 11.5% | $89.75K | +9.1% | N/A |
| Ethereum | WETH ARM Vault | Yearn | WETH | $2.25M | 1.56% | 5.0% | 5.0% | $37.11K | -2.6% | N/A |
| Base | Yearn OG USDC | Yearn | USDC | $2.14M | 4.55% | 10.0% | 10.0% | $108.31K | +4.9% | 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.