4.73%APY
3.55%Sustainable APY
$430.4MTVL
Moderate · 26Risk score (0–100)
55Opportunity score
ExcellentLiquidity

Why this yield exists

Yield comes from borrower interest paid on this pool. The income mix is fairly durable overall.

What could lose money

Main risks are the smart contracts and underlying layers, plus yield potentially falling. The price oracle could fail or be manipulated. The position depends on Circle, and the pool holds a large amount.

What changed recently

TVL +19.4% over 7 days, APY -0.4% over 7 days; no risk events this week. Social signals: not yet monitored.

Main risk dimensions

  • Smart contracts: 35
  • Yield durability: 32
  • Price oracle: 18

Where the yield comes from

  • Borrower interest: 4.73% (100%)

Key dependencies

  • Steakhouse Financial (curator)
  • Morpho (protocol family)
  • Circle (issuer)

Governance and control

  • Governance: immutable contracts (https://docs.morpho.org/learn/governance/organization/, checked 2026-10-07)
  • Curator: Steakhouse Financial · 7-day timelock · sentinel · lends mostly against cbBTC (90%) at up to 86.0% LTV

Text source: written by an AI model from the structured fields and checked by a rule-based validator. Machine-readable copy of this report: JSON. ← All 25 opportunities