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All vaultsThis is my vault, register it
Due-diligence report: complete, dated, with a digest anybody can check
Taking money
—
Supplied
$517.8k
$458.1k lent out · 88% utilised
Return
—
over its watched history
The venue advertises
9.8%
a year, on their own figures
Performance
Recent
—
30d · 90d
Max drawdown
—
peak to trough
Sortino
—
return per unit of downside risk
Volatility
—
annualised, from daily returns
The record behind these figures
History
—
3 readings, all taken at the time
Record begins
2026-10-28
began 2026-10-28, and the record starts with it
Record rests on
Grade B
The whole record is grade B.
Confidence
0%
in these metrics
Six risks, read separately
The same six across every vault we scoreSix risks, read separately
No strategy risk band: too little of this vault could be measured
There is no overall band for these dimensions to disagree with.
Evidence · Not scored · 2 of 5 components read, 1 refused (45% of the weight)
Point at a risk to read what it rests on.
Due-diligence report
- Complete: the sections withheld online
- Issued: a digest anybody can check with us
- Dated: every figure with when it was read
- Portable: one file for a committee or a file
The venue's own accounting and ours disagree about how much could leave
We derive 100.4% of this vault as withdrawable and ITS OWN accounting says 0.0%. 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.
How this is read
Both are shares of the vault rather than dollars, because ours is derived in dollars and theirs is in the asset’s own units: converting one would put a third party’s price into a comparison of two first-party readings. Neither figure is blended into the other and neither is withdrawn.
How much could leave, by amount
Your position
Pick or type an amount to weigh it against both: what the venue says could leave now, and the largest single withdrawal anybody has made here.
Value and drawdown
Range
Hover for values. Upper: vault value. Lower: how far below its own peak it was.
Where the supplied capital is
$59,663 of this vault's $517,798 is not lent to a borrower, which is within the books as they stand.
The rate, and the seven things that qualify it
A quoted rate is one input, not a verdict.
- Current quoted rate
- 9.8%
- Rewards inside that rate
- 0.0%of it is a reward rate
- Realised return
- Too little share-price history to derive one. The quote stands alone until there is.
- Fee basis
- We do not read this vault’s share price, so we cannot say which fees the figure is net of.
- Withdrawable now
- $517.8k100% of the vault
- History quality
- No value series, so there is nothing to state a realised return from.
- What it depends on
- No collateral or control reading for this vault yet.
How these are read
No strategy has been declared for this vault
Everything above is reconstructed from public data. A declaration is free, signed from this vault’s own key, and cannot be edited afterwards.Note 28
Evidence
What a risk decision about this vault can rest on
Six questions, and what we hold for each. 2 of 6 are not measured for this vault.
| Source mark | Question | What we hold | Source |
|---|---|---|---|
| What does it hold or lend into? | 2 collaterals read, $517.8k supplied, across 4 marketsRead from the vault’s own holdings. Concentration and the assets themselves are below. Its largest single market holds 5% of what anybody has supplied there. | Measured | |
| How much could leave now? | $517.8kWhat the contract will pay out now, read from it. Not the same as what is idle. | Measured | |
| Who runs it, and what else have they run? | —No operator identified and no evidence of automation either way. |
Passport
Identity
Vault contract0xA7A5b294…66F7675B
NetworkEthereum
Platform
Morpho Vaults V2
OperatorUnknown
Deposit assetapxUSD
Created on-chain2026-10-28
First observed by us2026-10-28
Statuslive
What is deciding
What it is lent against
- apyUSD
- $375.1k72%
- PT-apyUSD-5NOV2026
- $142.7k28%
Attributed collateral only.
How this is read
A vault accepting many collaterals at once reports less here than it holds, so this is what we can attribute rather than everything it is lent against.
Who moves it, where it goes, what it stands on
Who is in it, and what moved in and out
Ledger read 2 hours agoAnalyst tier
Who is in this vault, and what moved in and out
Locked here: every depositor we read with their share of the vault, the largest single wallet, and the ledger of each deposit and withdrawal. A vault that is eighty per cent one depositor is a vault whose price can be reset by a single withdrawal, and whose headline TVL says almost nothing about whether anyone else believes in it.
See what unlocksAlready a customer? Sign inWhat is still missing
What this page cannot show yet, and why.
What they are
- Operator cohort. We show what the venue still exposes; strategies deleted before we began observing are invisible, and only pre-registration can make a cohort provably complete.
- Gross-to-net waterfall. Returns are venue-reported and not yet decomposed into fees, funding and slippage.
- Off-chain exposure. Anything held on a centralised exchange is invisible to us, so the risk shown is a floor.