Vaults
553 active vaults across 11 chains · $2.31B AUM · $5.87M curator fees annualized · $83.23M borrow interest captured
Vaults as asset managers · Source: Morpho GraphQL · vault_state_daily · as of 2026-06-12
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 | Testing USDC | unattributed | USDC | $101.57 | N/A | 0.0% | 0.0% | N/A | +85.4% | N/A |
| Monad | Pocky's High Yield AUSD | unattributed | AUSD | $100.4 | 5.98% | 0.0% | 0.0% | $3.49 | +0.4% | N/A |
| Base | Anzen Boosted USDC | unattributed | USDC | $100 | 0.00% | 0.0% | 0.0% | N/A | -0.0% | N/A |
| HyperEVM | Re7 HYPE | RE7 Labs | WHYPE | $98.63 | 0.00% | 20.0% | 20.0% | $0 | -22.9% | N/A |
| Ethereum | Steakhouse RUSD | Steakhouse Financial | rUSD | $93.79 | 85.93% | 0.0% | 0.0% | $80.6 | -95.9% | N/A |
| HyperEVM | Re7 USDT0 | RE7 Labs | USD₮0 | $93.77 | 1.10% | 20.0% | 20.0% | $1.3 | -98.3% | N/A |
| Ethereum | Cap USDC | unattributed | USDC | $89.97 | 0.00% | 0.0% | 0.0% | N/A | -0.0% | N/A |
| Arbitrum | Trinity Gold USDC Vault | unattributed | USDC | $89.92 | N/A | 0.0% | 0.0% | N/A | +74.2% | N/A |
| Arbitrum | Blend Euler Earn USDC V1 | unattributed | eeUSDC | $89.31 | 0.00% | 0.0% | 0.0% | N/A | +0.1% | N/A |
| Base | Degen USDC | unattributed | USDC | $88.17 | 0.06% | 10.0% | 10.0% | $0.05 | -0.0% | N/A |
| Arbitrum | MEV Capital wETH | unattributed | WETH | $86.11 | 0.01% | 10.0% | 10.0% | $0.01 | -26.8% | N/A |
| Ethereum | dForce WETH | unattributed | WETH | $85.05 | 1.48% | 5.0% | 5.0% | $1.32 | -26.3% | N/A |
| Ethereum | Philidor wstETH | unattributed | wstETH | $84.44 | 0.00% | 0.0% | 0.0% | $0 | -26.1% | N/A |
| Base | Testing with Frens | unattributed | USDC | $82.85 | 4.06% | 0.0% | 0.0% | $3.37 | +0.3% | N/A |
| Base | Magic Genie USDC | unattributed | USDC | $79.88 | 3.88% | 3.0% | 3.0% | $3.19 | +0.3% | 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 12, 2026 from /vaults.