4.24%APY
4.24%Sustainable APY
$1.8MTVL
Moderate · 31Risk score (0–100)
60Opportunity score
FairLiquidity
Why this yield exists
It pays yield entirely from interest charged to borrowers. This income source is highly durable.
What could lose money
The main risks are limited ability to exit the position, declining yield, and oracle reliability. The position also depends on Circle and holds a modest pool size.
What changed recently
TVL +1.9% over 7 days, APY -0.7% over 7 days; no risk events this week. Social signals: not yet monitored.
Main risk dimensions
- Liquidity: 44
- Yield durability: 31
- Price oracle: 18
Where the yield comes from
- Borrower interest: 4.24% (100%)
Key dependencies
- Gauntlet (curator)
- Morpho (protocol family)
- Circle (issuer)
Governance and control
- Governance: immutable contracts (https://docs.morpho.org/learn/governance/organization/, checked 2026-10-07)
- Curator: Gauntlet · 3-day timelock · guardian · lends mostly against cbBTC (93%) 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