Vaults
555 active vaults across 11 chains · $1.98B AUM · $5.56M curator fees annualized · $73.14M borrow interest captured
Vaults as asset managers · Source: Morpho GraphQL · vault_state_daily · as of 2026-06-20
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: 769 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· |
|---|---|---|---|---|---|---|---|---|---|---|
| Polygon | Clearstar WETH Reactor | unattributed | WETH | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | Unnamed USDT0 Vault | unattributed | USDC | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | Kedao USDC Vault | unattributed | USDC | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | BOCAI Vault V1 | unattributed | USDC | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | reUSD by Realise | unattributed | USDT0 | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | Gondor Moderate v1 | unattributed | USDC | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | Pi Capital BRLA | unattributed | BRLA | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | Eure Turbo Vault | unattributed | EURe | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | USDT | unattributed | USDT0 | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | Gondor Conservative v1 | unattributed | USDC | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | TestMS7 | unattributed | WETH | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | Angela Vault | unattributed | USDC | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Polygon | AAA | unattributed | USDT0 | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Monad | TestWMON | unattributed | WMON | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | N/A |
| Monad | Grove x Steakhouse Prime AUSD | unattributed | AUSD | $0 | 0.00% | 0.0% | 0.0% | N/A | N/A | 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 20, 2026 from /vaults.