Clearstar USDC Reactor
26% of this vault is in exotic / elevated-risk collateral, but it earns just +23 bps over a plain USDC vault — a thin premium for the added tail risk.
The Clearstar OpenEden USDC Vault optimizes yields across a select pool of collateral assets, with a focus on bluechip assets and lower percived collateral risks. This vault also received points issued by OpenEden. This vault has automated reallocation to maximize APR within static risk parameters and also monitors active on-chain risks through the use of Hypernative to reduce exposure to collaterals that might be at risk of suffering exploits.
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.
Cap-weighted utilization is 89.5%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.
Weighted LLTV across markets is 87.5%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.