4.35%APY
4.22%Sustainable APY
$2.6MTVL
Moderate · 31Risk score (0–100)
59Opportunity score
FairLiquidity
Why this yield exists
Yields come mainly from interest paid by borrowers, with a small portion from token incentives. This income source is highly durable.
What could lose money
The main risks are difficulty exiting the position quickly, potential oracle failures, and protocol-level vulnerabilities. The position also depends on Circle and the pool's current size.
What changed recently
TVL -15.5% over 7 days, APY -0.3% over 7 days; no risk events this week. Social signals: not yet monitored.
Main risk dimensions
- Liquidity: 49
- Price oracle: 18
- Protocol: 17
Where the yield comes from
- Borrower interest: 4.18% (96%)
- Token incentives: 0.17% (4%)
Key dependencies
- Anthias Labs (curator)
- Morpho (protocol family)
- Circle (issuer)
Governance and control
- Governance: immutable contracts (https://docs.morpho.org/learn/governance/organization/, checked 2026-10-07)
- Curator: Anthias Labs · 4-day timelock · guardian · lends mostly against WETH (95%) 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