• Morpho has flagged this vault not_whitelisted

Share token price

Other metrics

3M Sharpe
26.5
3M volatility
1.2%
Age
0.4 years
Maximum drawdown
0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 3.5% 3.6% 3.2% 3.2% 3.2%
Performance fee Performance 0.0%0.0%0.0%0.0%0.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net 3.5% 3.6% 3.2% 3.2% 3.2%

Notes

The vault data might be updated infrequently because the vault current TVL is very small.

About Morpho

This vault is running on Morpho:

Decentralised lending protocol with optimised interest rates and flexible vault architectures.

View all Morpho vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall------------------
Ranking on Ethereum------------------
Ranking on Morpho------------------
CAGR (net)3.4%3.5%3.6%3.2%3.2%3.2%
CAGR (gross)3.4%3.5%3.6%3.2%3.2%3.2%
Returns (net)0.1%0.3%0.9%1.4%1.4%1.4%
Returns (gross)0.1%0.3%0.9%1.4%1.4%1.4%
Sharpe ratio0.00441.4526.5319.2519.2519.25
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%
Volatility0.0%0.1%1.2%1.1%1.1%1.1%
TVL low$1.73$1.72$1.71$1.71$1.71$1.71
TVL high$1.73$1.73$1.73$53.23K$53.23K$53.23K
Share price start (USDC)1.013571.010841.00511.000081.000081.00008
Share price end (USDC)1.014231.014231.014231.014231.014231.01423
Period data availability8 days37 days95 days163 days163 days163 days
Period start2026-07-072026-06-142026-04-152026-02-022026-02-022026-02-02
Period end2026-07-142026-07-142026-07-142026-07-142026-07-142026-07-14
BB

CORE3 risk rating

Risk rating by CORE3 for Morpho. CORE3 Probability of Loss reflects the robustness of the underlying protocol and does not reflect the financial performance of an individual vault. View full rating on the CORE3 website.

Probability of Loss 31.70
ConfidenceModerate
CORE3 rank #44
Data coverage76.7%
CategoryLending/Borrowing
Market cap$1.3B

Risk score by category

Sub-scores run 0–100 — lower is better.

  • Security 79
  • Financial 57
  • Operational 22
  • Reputational 59
  • Regulatory 50

Technical Details

Vault nameBlackWing USDC Core
Vault address0xb352fd86b73d72bc16817aa101dfb1c03c95bd24
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999946 fetched
Share tokenBWC(USDC)
ProtocolMorpho
HomepageView vault on protocol website
Current TVL1.727 USDC
Peak TVL53,226.816 USDC
Last share price1.014 USDC
Last updated
Last updated block25,531,361
Data refreshed at
Data starts2026-02-02 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureseuler_earn_like, morpho_like
Flags---
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events32

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