Home/Morpho/Vaults/Vault Detail

Tenbin USDC

0x7d47…2ff7

Ethereum

Waterline

USDC

The Tenbin USDC vault aims to optimize yield on USDC lending against a wide range of collateral assets from the Tenbin ecosystem.

Total Deposits

$301.25K

301.32K USDC

Liquidity

$87.48K

87.50K USDC

Exposure

Net APY

1.74%

Overview

Vault Configuration

Morpho vault versionV2

Vault deployment date2026-07-10

Curator TVL$21.88M

Total Deposits (USD)

$301.25K

Not enough data points

Net APY

1.74%

Not enough data points

APY Breakdown

Vault Net APY1.74%

Performance Fee-5%

Management Fee0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity	Underlying Liquidity (USDC)	Utilization
Variable Rate Markets
USDC\|stBRL86%	68.92%	207.66K	16.62K USDC	16.62K	92.00%
USDC\|cbBTC86%	29.04%	87.50K	31.82M USDC	31.82M	90.42%
USDC\|WETH86%	1.44%	4.34K	882.00K USDC	882.00K	90.38%
USDC\|wstETH86%	0.6%	1.81K	1.26M USDC	1.26M	90.48%
USDC\|weETH77%	0%	0	160.76 USDC	160.76	98.83%
USDC\|stMXN86%	0%	0	990.06 USDC	990.06	1.09%
USDC\|stGLD86%	0%	0	949.77 USDC	949.77	5.12%
USDC\|WBTC86%	0%	<0.01	12.87M USDC	12.87M	90.47%

Allocation History

Date	Type	Amount	Caller	Markets	Transaction
2026-11-03 19:09:23	Allocate	1,287.8 USDC$1287.52	0xBEEF…BEef	WETH	0x8fd9…80a3
2026-11-03 19:09:23	Allocate	6,447.92 USDC$6446.50	0xBEEF…BEef	stBRL	0x8fd9…80a3
2026-11-03 19:09:23	Allocate	47,136.58 USDC$47.13K	0xBEEF…BEef	cbBTC	0x8fd9…80a3
2026-11-03 19:09:23	Deallocate	10,118.51 USDC$10.12K	0xBEEF…BEef	wstETH	0x8fd9…80a3
2026-11-03 19:09:23	Deallocate	44,753.8 USDC$44.74K	0xBEEF…BEef	WBTC	0x8fd9…80a3
2026-11-02 18:39:23	Allocate	3,051.93 USDC$3051.25	0xBEEF…BEef	WETH	0xfdac…d968
2026-11-02 18:39:23	Allocate	4,380.09 USDC$4379.12	0xBEEF…BEef	wstETH	0xfdac…d968
2026-11-02 18:39:23	Allocate	10,168.06 USDC$10.17K	0xBEEF…BEef	stBRL	0xfdac…d968
2026-11-02 18:39:23	Allocate	44,746.65 USDC$44.74K	0xBEEF…BEef	WBTC	0xfdac…d968
2026-11-02 18:39:23	Deallocate	62,346.72 USDC$62.33K	0xBEEF…BEef	cbBTC	0xfdac…d968

491 allocation events · Page 1 of 50

Performance

Position Unit Price (USDC)

1.002210▲ +0.22%

Returns

Instant APY1.74%

7D APY1.79%

30D APY0.67%

90D APY0.88%

Fees

Performance fee5%

Management fee0%

Performance fee recipient0x255c…085a

Management fee recipient0x0000…0000

Risk

Risk Disclosures i

Curator has not submitted a Disclosure.

Ratings i

No ratings available for this vault.

Vault Roles

Owner i0x5c48…92FC

Curator i0xC5fA…dBdB

Sentinel 1 i0x5c48…92FC

Risk Curation

Allocator 1 i0x0000…9dA8

Allocator 2 i0x00b8…1e27

Allocator 3 i0xBBF1…Bceb

Allocator 4 i0xBEEF…BEef

Allocator 5 i0xaaD8…35E7

Allocator 6 i0xfC58…d827

Allocator 7 i0xfeed…3C9a

Timelocks

These timelocks show how much time lenders have to review upcoming increases to vault exposure, including new adapters or higher limits for a vault's allocation strategy.

addAdapterii3 days

Time before a curator can enable a new adapter to this vault

Recommended: 7 days

increaseAbsoluteCapii3 days

Time before a curator can raise the maximum amount supplied to an allocation

Recommended: 7 days

increaseRelativeCapii3 days

Time before a curator can raise the maximum share of the vault supplied to an allocation

Recommended: 7 days

Activity

User Distribution

User	Deposit	% of Deposits
0x552F...45A3	300,296.69 USDC$300.23K	99.66%
0x2c56...9b6F	1,002.21 USDC$1001.99	0.33%
0x255c...085a	15.64 USDC$15.64	0.01%
0x0000...dEaD	1 USDC$1.00	0%
0xfeed...3C9a	0.01 USDC$0.01	0%

Transactions

All Transactions

Date	Type	Amount	User	Transaction
2026-08-21 18:25:23	Deposit	300,000 USDC$299.93K	0x4A6c…0aE0	0x8602…ba59
2026-08-03 23:17:11	Transfer	1,000 USDC$999.78	0xa11b…D126	0x8b02…1eec
2026-08-03 23:08:47	Deposit	1,000 USDC$999.78	0x4A6c…0aE0	0x7843…a63e
2026-07-30 15:30:59	Deposit	1 USDC$1.00	0xfeed…3C9a	0xb438…e6e8
2026-07-10 18:58:47	Transfer	-	0xfeed…3C9a	0x1f5a…964f
2026-07-10 18:58:35	Deposit	0.01 USDC$< 0.01	0xfeed…3C9a	0xd5dd…7cc9