Moonwell Frontier cbBTC

cbBTC·Base·curated by Anthias Labs

APY0.83%+0.38% vs 30d

TVL$976.9K

Risk score28/ 100

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

What this vault actually does

The Moonwell Frontier cbBTC Morpho vault curated by Anthias Labs is intended to optimize risk-adjusted interest earned from BTC liquid restaking tokens as collateral.

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.

Weighted LLTV across markets is 88.0%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.

Every market relies on an external price feed. A stale or manipulated feed can mis-price collateral and produce unrecoverable bad debt.

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