The Ethereum mainnet holds more deployed smart contracts than addresses that have ever signed a transaction.
The Ethereum mainnet holds more deployed smart contracts than addresses that have ever signed a transaction.
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.
Waterline runs a pure stablecoin book on Ethereum, split evenly between lending and stablecoin protocol exposure. Three flagship vaults route capital directly to Morpho Blue with APYs clustering 6.56–6.75% at risk 27–28; the remaining positions are smaller, experimental, or dormant.
$22M of $24M TVL (92%) funnels through unmapped Morpho Blue markets, creating opaque collateral concentration risk. The remaining $2M sits in smaller vaults including one at risk 54 yielding 8.14%, suggesting higher-friction or illiquid backing in marginal positions.