Sentora PYUSD

PYUSD·Ethereum·curated by Sentora

APY2.56%-0.06% vs 30d

TVL$296.61M

Risk score25/ 100

Same yield, exotic risk

65% of this vault sits in higher-risk collateral, yet it earns 2.57% on PYUSD versus 2.86% for a plain PYUSD vault (-30 bps). You're not being paid for the extra risk.

Plain English explanationWritten by Sharpe Finance research · model card · last update 2026-05-12

What this vault actually does

Sentora PYUSD vault on Ethereum, allocating across 11 Morpho Blue markets.

What breaks this vault

The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.

Vault has meaningful collateral exposure to liquid restaking tokens. A discount to ETH (>2%) propagates directly through liquidation cascades.

Cap-weighted utilization is 88.0%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.

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