More USDT exists than there are US dollars in the M0 base of several mid-sized countries.
More USDT exists than there are US dollars in the M0 base of several mid-sized countries.
Live data sourced from Morpho Blue API.
Plain-English read on what kind of book this curator runs and how it's currently positioned. Synthesized from their tracked vault footprint — no off-chain reputation claims.
Ultra-conservative stablecoin-heavy book (59% USDC) concentrated on Base (64%) and Ethereum (31%). Lending exposure dominates (61%) with low complexity (22/100) and minimal yield—cap-weighted APY 0.04%. Portfolio risk floor sits at 17/100, anchored by large zero-yield positions in USDC and WETH.
Structural risk concentrates in $1.2M USDC vault on Base earning 0% APY with risk-27 rating (collateral exposure unmapped). Single outlier: $0.1M WETH/Optimism vault at 0.75% APY routed directly to Morpho Blue with unmapped collateral. Otherwise holding idle stablecoin and low-risk native assets. Curator appears passive or in setup phase.