Galaxy USDC Quality

What it holds

How you get out

The contract imposes NO notice period: a redeem settles in the transaction that asks for it. That is not a promise of an instant exit — it is still subject to the vault having the money, which is the liquidity reading and a separate question — but there is no queue, no request step and no lock-up in the contract.

We derive 100.0% of this vault as withdrawable and ITS OWN accounting says 90.0%. Ours is the more generous of the two, and it is derived from idle cash plus what the markets it lends into have free, where theirs is the vault's own figure. Read the lower one before planning an exit.

Six risks, read separately

This is the 216th different vault read from here today, and the allowance at this level is 50. Past that a caller is not checking a vault any more, they are reading the population, and the population is the product: the risk screen covers every vault at once, filtered and sorted and compared. Nothing is slowed down and nothing else on this answer is withheld. Vaults already read today stay open whatever the count, because coming back to a vault you are considering is exactly what this allowance is for.

What it advertised and what it returned

The published ratio divides the realised rate by the rate this vault quotes TODAY. Over 101 of the 176 days the return covers we hold its own quotes, it advertised between 4.12% and 4.73%, averaging 4.30%, and today's quote is near the TOP of that range, so the published ratio is built on one of this vault's better quotes. Against the average it quoted, the realised rate is 103.55% of it. We hold no quote for the rest of the window, so this says what the venue was advertising while we watched and not across the whole return. 34 of those days we recorded ourselves and 67 come from the venue's own published history, which is the same fact read later rather than a different one.

Who controls it, and whether that has changed

2 changes since 2026-09-19. The most recent was 2026-10-03: the curator was set to 0xa130…86f1. Each is one public transaction that no venue announced. Anything before 2026-09-19 predates this platform holding control state and is not reconstructed.

What we cannot see

• · Whether it still takes deposits is not something we could establish.
• · Whether that notice period is real: Morpho states it and our own read of the controller found no timelock, so the figure beside `notice` rests on their word rather than on the contract.