Vaults
553 active vaults across 11 chains · $2.4B AUM · $6.01M curator fees annualized · $85.6M 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 $4.45K · 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· |
|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | MEV Capital Resolv USR | unattributed | USR | $58.47K | 0.39% | 10.0% | 10.0% | $251.85 | -14.8% | N/A |
| Ethereum | Alpha ZCHF Safe Vault | AlphaPing | ZCHF | $57.95K | 0.00% | 10.0% | 10.0% | $1 | -2.5% | N/A |
| Base | Steakhouse High Yield USDC | Steakhouse Financial | USDC | $57.83K | 3.02% | 25.0% | 25.0% | $2.34K | -51.3% | N/A |
| Base | Re7 WETH | RE7 Labs | WETH | $56.96K | 1.40% | 10.0% | 10.0% | $887.26 | -35.1% | N/A |
| Ethereum | MEV Capital USD0 | MEV Capital | USD0 | $54.22K | N/A | 10.0% | 10.0% | N/A | +56.2% | N/A |
| Ethereum | 9Summits USDC | 9Summits | USDC | $54.14K | 1.65% | 7.0% | 7.0% | $961.64 | +0.2% | N/A |
| Ethereum | Julian Capital Yield USDC | unattributed | USDC | $53.52K | 3.67% | 0.0% | 0.0% | $1.96K | -25.1% | N/A |
| Base | MEV Frontier USDC Vault | MEV Capital | USDC | $51.35K | 0.00% | 15.0% | 15.0% | N/A | -0.2% | N/A |
| Base | Julian Capital USDC Liquid | unattributed | USDC | $48.51K | 39.87% | 0.0% | 0.0% | $19.34K | -83.1% | N/A |
| Ethereum | Smokehouse ETH | Steakhouse Financial | WETH | $47.78K | 1.47% | 10.0% | 10.0% | $782.67 | -41.9% | N/A |
| Base | Jarvis USDC | unattributed | USDC | $46.62K | 2.16% | 10.0% | 10.0% | $1.12K | -10.5% | N/A |
| Ethereum | Coinshift USDC | Steakhouse Financial | USDC | $45.57K | 3.29% | 10.0% | 10.0% | $1.67K | +0.0% | N/A |
| Arbitrum | RIMU USDC Core | unattributed | USDC | $44.28K | 2.00% | 10.0% | 10.0% | $986.67 | +0.1% | N/A |
| Ethereum | Pocky's High Yield WETH | unattributed | WETH | $43.52K | 0.04% | 0.0% | 0.0% | $18.42 | -73.8% | N/A |
| Katana | Pocky's High Yield vbUSDC | unattributed | vbUSDC | $41.44K | 66.13% | 0.0% | 0.0% | $26.34K | +2.4% | 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.