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 | MYRMIDONS WHYPE | unattributed | WHYPE | $236.23 | N/A | 0.0% | 0.0% | N/A | +70.4% | N/A |
| Ethereum | Yieldoor Vault | unattributed | USDC | $217.91 | 0.00% | 0.0% | 0.0% | $0 | +0.0% | N/A |
| Ethereum | Steakhouse USDQ | Steakhouse Financial | USDQ | $216.89 | 0.00% | 5.0% | 5.0% | N/A | +0.4% | N/A |
| Base | Apostro Resolv USR | Apostro | USR | $214.58 | 6.27% | 10.0% | 10.0% | $15.01 | -8.0% | N/A |
| HyperEVM | MEV Capital USDC | unattributed | USDC | $211.67 | 92.40% | 10.0% | 10.0% | N/A | -78.9% | N/A |
| Base | BRZ Lending | unattributed | BRZ | $194.73 | 0.00% | 0.0% | 0.0% | $0 | -0.4% | N/A |
| Katana | Yearn OG WBTC | Yearn | vbWBTC | $187.44 | 6.09% | 10.0% | 10.0% | $12.73 | -65.8% | N/A |
| HyperEVM | Hyperstable bbHLP/USH | unattributed | USH | $178.5 | 0.00% | 50.0% | 50.0% | $0 | -42.8% | N/A |
| Base | HavenFi Yield | unattributed | USDC | $174.13 | 4.12% | 0.0% | 0.0% | $7.18 | +0.4% | N/A |
| Arbitrum | Gauntlet USDT0 Core | Gauntlet | USDT0 | $171.53 | 3.29% | 10.0% | 10.0% | $6.29 | +0.3% | N/A |
| Ethereum | Api3 dCOMP USDC | unattributed | USDC | $167.49 | 8.35% | 5.0% | 5.0% | $14.76 | -10.4% | N/A |
| Ethereum | Sentora PYUSD Core | Sentora | PYUSD | $166.93 | 5.20% | 10.0% | 10.0% | $9.67 | +0.4% | N/A |
| Ethereum | Pangolins USDC | Pangolins | USDC | $164.13 | 4.30% | 10.0% | 10.0% | $7.86 | +0.4% | N/A |
| Ethereum | Yielden Senior WBTC | unattributed | WBTC | $163.46 | 0.14% | 0.0% | 0.0% | $0.23 | +23.6% | N/A |
| Base | Monarch M1 | unattributed | USDC | $161.49 | 4.12% | 0.0% | 0.0% | $6.65 | +0.4% | 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 September 9, 2026 from /vaults.