Lending summary
| Vault | Curator | Chain | Deposits | Net APY | Rewards | Fee | Timelock | 7d |
|---|---|---|---|---|---|---|---|---|
| Ethena PYUSD Primepyusd | unknown | Solana | $250.8M | 2.63% | 0.00% | 5.00% | — | 2.63% |
| Sentora PYUSDpyusd | unknown | Solana | $116.0M | 3.60% | 3.14% | 5.00% | — | 3.76% |
| Steakhouse High Yield USDGUSDG | unknown | Solana | $35.2M | 3.84% | 3.46% | 2.50% | — | 3.87% |
| RWA USDCusdc | unknown | Solana | $23.0M | 6.21% | 0.20% | 5.00% | — | 5.94% |
| Steakhouse USDCusdc | unknown | Solana | $19.9M | 4.16% | 0.00% | 5.00% | — | 4.46% |
| Allez USDCusdc | unknown | Solana | $15.2M | 6.24% | 0.05% | 5.00% | — | 5.73% |
| Kamino Private Credit USDCusdc | unknown | Solana | $7.2M | 6.96% | 0.00% | 0.00% | — | 6.92% |
| Kamino Vault CASHCASH | unknown | Solana | $7.2M | 4.24% | 0.00% | 0.00% | — | 4.23% |
| Allez SOLSOL | unknown | Solana | $6.5M | 4.40% | 0.41% | 5.00% | — | 4.32% |
| Kamino Institutional Commodity Yieldusdc | unknown | Solana | $6.0M | 8.41% | 0.00% | 0.00% | — | 8.21% |
| Elemental USDC Turbousdc | unknown | Solana | $5.2M | 7.51% | 0.13% | 0.00% | — | 6.85% |
| Steakhouse High Yield USDCusdc | unknown | Solana | $3.4M | 6.42% | 0.09% | 5.00% | — | 6.12% |
| RockawayX SOLSOL | unknown | Solana | $3.3M | 3.51% | 0.00% | 5.00% | — | 3.48% |
| Elemental USDG OptimizerUSDG | unknown | Solana | $2.7M | 6.89% | 0.00% | 0.00% | — | 6.88% |
| Neutral Trade USDC Max Yieldusdc | unknown | Solana | $2.6M | 7.19% | 0.12% | 0.00% | — | 6.96% |
| Galaxy USDTusdt | unknown | Solana | $2.5M | 3.12% | 0.00% | 0.00% | — | 2.76% |
| Allez USXUSX | unknown | Solana | $2.0M | 2.26% | 6.90% | 0.00% | — | 2.18% |
| Ethena PrimeUSDG | unknown | Solana | $1.8M | 3.46% | 0.00% | 5.00% | — | 3.47% |
| SOL BalancedSOL | unknown | Solana | $1.7M | 4.71% | 0.74% | 0.00% | — | 4.64% |
| MEV Capital SOLSOL | unknown | Solana | $1.6M | 4.67% | 0.46% | 5.00% | — | 4.61% |
| MEV Capital USDCusdc | unknown | Solana | $1.5M | 7.39% | 0.12% | 5.00% | — | 6.51% |
| Marinade USD Vaultusdc | unknown | Solana | $1.5M | 6.65% | 0.10% | 5.00% | — | 5.94% |
| USDC Primeusdc | unknown | Solana | $1.2M | 9.64% | 0.00% | 0.00% | — | 6.87% |
| Squads USDCusdc | unknown | Solana | $930k | 3.83% | 0.00% | 2.00% | — | 4.60% |
| Allez USDTusdt | unknown | Solana | $928k | 2.86% | 0.00% | 5.00% | — | 2.73% |
| Allez USDSUSDS | unknown | Solana | $571k | 5.85% | 0.00% | 5.00% | — | 5.84% |
| Steakhouse USDGUSDG | unknown | Solana | $534k | 2.50% | 0.00% | 5.00% | — | 2.53% |
| Elemental SOL OptimizerSOL | unknown | Solana | $482k | 4.54% | 1.09% | 0.00% | — | 4.46% |
| Gauntlet Frontierusdc | unknown | Solana | $365k | 4.69% | 0.00% | 0.00% | — | 5.57% |
| Elaris USDC Optimizerusdc | unknown | Solana | $324k | 7.91% | 0.10% | 0.00% | — | 7.09% |
| Hyperithm USDC Apexusdc | unknown | Solana | $209k | 4.78% | 0.00% | 5.00% | — | 5.22% |
| SOL Max YieldSOL | unknown | Solana | $178k | 4.54% | 0.00% | 0.00% | — | 4.53% |
| Elemental USDS OptimizerUSDS | unknown | Solana | $175k | 6.09% | 0.00% | 0.00% | — | 6.09% |
33 of 33 vaults show an unknown curator. That is Morpho’s own metadata being absent rather than a curator hiding: the vault still has an owner and a guardian on-chain.
Net APY is after the vault fee, which is what a depositor actually earns. Timelock is how long a curator change is delayed before it takes effect. The 7d column is the mean of our own hourly readings over the past week — Morpho publishes a spot rate and no trailing average, so this is the only honest way to show whether today is normal; it restarted with this source on 2026-08-07 and shows a dash until a week has passed.
Not listed: vaults holding under $150k, and vaults whose reported net APY is above 100%. The second set is not remarkable, it is broken — Morpho returns the identical 297,996% on four unrelated vaults and 133,843% on five more, which is one upstream reward calculation rather than nine extraordinary vaults.
These deposits are not extra money. A vault lends through the markets on the other tab, so the same dollars are on both. Read each tab on its own; do not add the two totals — and note the two halves no longer even share a source: markets come from DeFiLlama, vaults from Morpho's own API, because on 2026-08-07 the chain showed DeFiLlama's vault figures to be wrong (it valued Steakhouse USDC on Base at $595.1M where the contract's own totalAssets() reads $167.9M).