The most-traded asset in DeFi history isn't ETH, BTC, or USDC. It's a wrapper around one of them.
The most-traded asset in DeFi history isn't ETH, BTC, or USDC. It's a wrapper around one of them.
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-chain stablecoin book (70% USDC/vbUSDC) split between Ethereum lending protocols and Katana routing. Moderate leverage via Morpho Blue and Pendle, blending collateral diversification (OETH, LSTs, PT instruments) with unmapped direct-routing risk.
** $12.5M across three vaults routes through Morpho Blue with opaque collateral visibility; remaining $17.7M deploys against OETH, siUSD, and PT-USD3 on Ethereum. Concentration risk: 47% TVL on Katana chain, 56% exposure to lending protocols where counterparty risk is material.