The largest stablecoin in the world has never been fully audited.
The largest stablecoin in the world has never been fully audited.
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.
** Dual-stablecoin book anchored to Morpho Blue on Ethereum, biased toward frxUSD (64% weight). Runs low-complexity positions—pure lending automation—with sub-35 complexity and mid-range risk (26/100). Blended yield of 4.20% reflects the frxUSD drag on a higher-yielding USDC leg.
** Both vaults route collateral directly to unmapped Morpho Blue markets, creating opacity on actual borrower composition and liquidation mechanics. $1.0M TVL split 60/40 lending-to-stablecoin exposes the book to Morpho's market risk and Frax ecosystem dependency without visible diversification backstop.