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M1 USDC

0xab59…616c

Ethereum

Waterline

USDC

The M1 USDC vault is designed to provide liquidity against M1-related collateral assets. Deposits are restricted to allowlisted participants.

Total Deposits

$8.59M

8.59M USDC

Liquidity

$840.70K

840.91K USDC

Exposure

Net APY

7.82%

Overview

Vault Configuration

Morpho vault versionV2

Vault deployment date2026-06-19

Curator TVL$22.15M

Total Deposits (USD)

$8.59M

Not enough data points

Net APY

7.82%

Not enough data points

APY Breakdown

Vault Net APY7.82%

Performance Fee-5%

Management Fee0%

Allocation

Exposure

Markets	Allocation (%)	Allocation (USDC)	Liquidity	Underlying Liquidity (USDC)	Utilization
Variable Rate Markets
USDC\|mM1-USD86%	99.99%	8.59M	840.91K USDC	840.91K	90.29%
USDC\|cbBTC86%	0.01%	849.71	32.47M USDC	32.47M	90.24%

Allocation History

Date	Type	Amount	Caller	Markets	Transaction
2026-11-03 14:06:11	Deallocate	6,370.96 USDC$6369.39	0xFc44…2cA8	mM1-USD	0x5b7f…7521
2026-11-03 07:28:35	Deallocate	22,472.19 USDC$22.47K	0x815D…210a	mM1-USD	0x30a0…b8c5
2026-10-30 09:48:23	Allocate	8,000 USDC$7998.03	0x4A6c…0aE0	mM1-USD	0x6534…fc18
2026-10-30 09:12:11	Deallocate	5,000 USDC$4998.77	0x815D…210a	mM1-USD	0x3300…8d2f
2026-10-29 18:15:59	Deallocate	5,000 USDC$4998.77	0x815D…210a	mM1-USD	0x0fe2…ef89
2026-10-29 10:22:23	Deallocate	1,062.06 USDC$1061.79	0x45Cd…3fE3	mM1-USD	0x2ad3…be2d
2026-10-29 10:15:47	Deallocate	905.1 USDC$904.88	0x120b…9A2B	mM1-USD	0x7c0a…de99
2026-10-29 10:11:23	Deallocate	565.04 USDC$564.90	0x4215…7549	mM1-USD	0xb992…d34d
2026-10-28 13:36:47	Deallocate	6,000 USDC$5998.52	0x815D…210a	mM1-USD	0x9bd5…14e8
2026-10-28 13:14:23	Deallocate	8,000 USDC$7998.03	0x815D…210a	mM1-USD	0xe1ef…507b

72 allocation events · Page 1 of 8

Performance

Position Unit Price (USDC)

1.025104▲ +1.81%

Returns

Instant APY7.82%

7D APY7.58%

30D APY6.80%

90D APY7.41%

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 i0x0000…9dA8

Sentinel 2 i0x53E4…a4B5

Sentinel 3 i0x5c48…92FC

Risk Curation

Allocator 1 i0x0000…9dA8

Allocator 2 i0xaaD8…35E7

Allocator 3 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.

addAdapterii7 days

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

Recommended: 7 days

increaseAbsoluteCapii7 days

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

Recommended: 7 days

increaseRelativeCapii7 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
0xB60E...700c	4,600,450.73 USDC$4.60M	53.54%
0x53E4...a4B5	3,441,914.22 USDC$3.44M	40.06%
0xc9eA...82D2	536,011.7 USDC$535.88K	6.24%
0x255c...085a	10,931.73 USDC$10.93K	0.13%
0xF198...8E5E	2,931.36 USDC$2930.64	0.03%
0xfeed...3C9a	2.56 USDC$2.56	0%
0x0000...dEaD	1.03 USDC$1.02	0%

Transactions

All Transactions

Date	Type	Amount	User	Transaction
2026-11-03 14:06:11	Withdraw	6,370.96 USDC$6369.39	0xFc44…2cA8	0x5b7f…7521
2026-11-03 07:28:35	Withdraw	22,472.19 USDC$22.47K	0x815D…210a	0x30a0…b8c5
2026-10-30 09:48:23	Deposit	8,000 USDC$7998.03	0x4A6c…0aE0	0x6534…fc18
2026-10-30 09:12:11	Withdraw	5,000 USDC$4998.77	0x815D…210a	0x3300…8d2f
2026-10-29 18:15:59	Withdraw	5,000 USDC$4998.77	0x815D…210a	0x0fe2…ef89
2026-10-29 10:22:23	Withdraw	1,062.06 USDC$1061.79	0x45Cd…3fE3	0x2ad3…be2d
2026-10-29 10:15:47	Withdraw	905.1 USDC$904.88	0x120b…9A2B	0x7c0a…de99
2026-10-29 10:11:23	Withdraw	565.04 USDC$564.90	0x4215…7549	0xb992…d34d
2026-10-28 13:36:47	Withdraw	6,000 USDC$5998.52	0x815D…210a	0x9bd5…14e8
2026-10-28 13:14:23	Withdraw	8,000 USDC$7998.03	0x815D…210a	0xe1ef…507b

87 transactions · Page 1 of 9