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Clearstar USDC Reactor

USDC·Ethereum·curated by Clearstar
APY7.74%+1.21% vs 30d
TVL$6.65M
Risk score27/ 100
Paid for the risk

93% of this vault is in exotic / elevated-risk collateral, earning +341 bps over a plain USDC vault.

Plain English explanationWritten by Sharpe Finance research · model card · last update 2026-05-12
What this vault actually does

The Clearstar USDC Reactor vault maximizes USDC yields while fostering the growth of high-quality collateral assets. By combining strategic asset selection with intelligent routing across efficient lending markets, it creates a flywheel of liquidity and sustainability. 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

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.

A market (liUSD-1w / USDC) is reporting supply APY at or above 50% — peak 259% on liUSD-1w / USDC. This is almost always a degenerate IRM state (100% utilization, dust-sized supply, or a stale post-liquidation snapshot) rather than real lending demand. The vault's headline APY is being averaged up by these positions; treat it as transient. 0.0% of TVL sits in the affected market.

Cap-weighted utilization is 90.3%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.

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