Sentora RLUSD

RLUSD·Ethereum·curated by Sentora

APY1.96%+0.15% vs 30d

TVL$205.53M

Risk score22/ 100

Thin premium for the risk

58% of this vault is in higher-risk collateral, but it earns just +72 bps over a plain RLUSD vault — a thin premium for the added tail risk.

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

What this vault actually does

Sentora RLUSD vault on Ethereum, allocating across 8 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.

Primary loan or collateral asset is a stablecoin. A sustained depeg below 99 cents impacts NAV and disables liquidation routing for non-USD collateral.

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