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About Morpho

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

The current listing contains $5.2B TVL in 222 vaults with a TVL-weighted average monthly return of 3.5%.

CORE3 logo

CORE3 risk rating

BB
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Risk rating by CORE3 for Morpho. The rating applies to all vaults on this protocol.

Probability of Loss 31.35
ConfidenceHigh
CORE3 rank #44
Data coverage76.7%
CategoryDecentralized Finance
Market cap$1.5B

Risk score by category

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

  • Security 79
  • Financial 57
  • Operational 24
  • Reputational 59
  • Regulatory 50
View full rating on the CORE3 website
Xerberus logo

Xerberus risk rating

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222 vaults out of 5429 TVL $5B Avg. return 3.54% Stablecoin-only Updated
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Performance and risk

Technical risk
Min TVL
Age
Max drawdown
Monthly returns
Volatility

The vaults on the listing are limited to the current category. See all vaults.

3M price
Base
King RSS USDC Vault Morpho
159.8% >9,999% 149.1% 3.8170.2%0.0%USDC
$1.04M $1.04M
0.2
0.0%/ 10.0%
Instant Negligible
King RSS USDC Vault 90 day price
View King RSS USDC Vault details
Ethereum
Morini USDC Emerging Yield Morpho
16.7%16.7% 0.3% 53.20.3%0.0%USDC
$407.40K $667.67K
0.02
0.0%/ 10.0%
Instant Negligible
Morini USDC Emerging Yield 90 day price
View Morini USDC Emerging Yield details
Ethereum
Alpha USDC Forex V2 Morpho
13.8%11.6%4.8% 49.20.2%0.0%USDC
$1.18M $7.36M
0.6
0.0%/ 10.0%
Instant Negligible
Alpha USDC Forex V2 90 day price
View Alpha USDC Forex V2 details
Ethereum
Alpha USDC Prime V2 Morpho
11.9%9.9%4.1% 10.50.9%0.0%USDC
$35.64K $8.52M
0.4
0.0%/ 50.0%
Instant Negligible
Alpha USDC Prime V2 90 day price
View Alpha USDC Prime V2 details
Base
Birch Hill RWA USDC Morpho
11.5%5.1% 0.9% 5.70.9%0.0%USDC
$112.08K $112.08K
0.2
0.0%/ 10.0%
Instant Negligible
Birch Hill RWA USDC 90 day price
View Birch Hill RWA USDC details
Ethereum
Alpha USDC Core V2 Morpho
10.7%8.9%4.9% 21.20.4%0.0%USDC
$187.65K $12.90M
0.6
0.0%/ 50.0%
Instant Negligible
Alpha USDC Core V2 90 day price
View Alpha USDC Core V2 details
HyperEVM
Felix USDe Morpho
9.4%7.6%9.8% 7.11.0%-0.1%USDe
$352.95K $25.54M
1.3
0.0%/ 10.0%
Instant Negligible
Felix USDe 90 day price
View Felix USDe details
Ethereum
Hyperithm USDC Degen Morpho
8.9%7.4%11.0% 7.80.9%0.0%USDC
$1.97M $220.55M
1.5
0.0%/ 10.0%
Instant Negligible
Hyperithm USDC Degen 90 day price
View Hyperithm USDC Degen details
Ethereum
Alpha USDC Enhanced V2 Morpho
8.7%7.9%4.8% 13.70.6%0.0%USDC
$27.19K $4.03M
0.6
0.0%/ 50.0%
Instant Negligible
Alpha USDC Enhanced V2 90 day price
View Alpha USDC Enhanced V2 details
Ethereum
Grove x Steakhouse AUSD Morpho
8.4%5.4%2.3% 7.80.7%0.0%AUSD
$34.46K $28.02M
0.6
0.0%/ 0.0%
Instant Negligible
Grove x Steakhouse AUSD 90 day price
View Grove x Steakhouse AUSD details
Ethereum
M1 USDC Morpho
8.4%7.0%1.5% 70.70.1%0.0%USDC
$8.52M $8.52M
0.2
0.0%/ 5.0%
Instant Negligible
M1 USDC 90 day price
View M1 USDC details
Ethereum
ALPHA USDC Core Morpho
8.2%6.2%11.0% 6.70.9%0.0%USDC
$630.20K $80.97M
1.4
0.0%/ 50.0%
Instant Negligible
ALPHA USDC Core 90 day price
View ALPHA USDC Core details
Base
Edge UltraYield USDC Morpho
7.9%6.8%4.3% 41.30.2%0.0%USDC
$391.55K $1.34M
0.8
0.0%/ 0.0%
Instant Negligible
Edge UltraYield USDC 90 day price
View Edge UltraYield USDC details
Robinhood
NetNet Credit Morpho
7.9%7.9% 0.1% 50.70.2%0.0%USDG
$2.01M $2.01M
0.02
0.0%/ 10.0%
Instant Negligible
NetNet Credit 90 day price
View NetNet Credit details
HyperEVM
Felix USDe V2 Morpho
7.9%7.9% 0.3% 71.90.1%0.0%USDe
$120.76K $120.76K
0.04
0.0%/ 10.0%
Instant Negligible
Felix USDe V2 90 day price
View Felix USDe V2 details
Ethereum
Flowdesk AUSD Equity Strategy Morpho
7.5%7.6%3.1% 73.00.1%0.0%AUSD
$5.86M $23.49M
0.5
0.0%/ 7.5%
Instant Negligible
Flowdesk AUSD Equity Strategy 90 day price
View Flowdesk AUSD Equity Strategy details
Ethereum
RockawayX Nuva Ecosystem Morpho
7.4%7.4% 0.3% 21.90.3%0.0%USDC
$1.52M $2.13M
0.04
0.0%/ 0.0%
Instant Negligible
RockawayX Nuva Ecosystem 90 day price
View RockawayX Nuva Ecosystem details
Ethereum
Steakhouse Confidential Prime USDC Morpho
7.2%8.4%1.8% 82.50.1%0.0%USDC
$32.22M $43.04M
0.2
0.0%/ 0.0%
Instant Negligible
Steakhouse Confidential Prime USDC 90 day price
View Steakhouse Confidential Prime USDC details
Ethereum
Api3 dCOMP USDC Morpho
7.1%11.3%5.1% 20.20.5%0.0%USDC
$14.00M $14.88M
0.5
0.0%/ 5.0%
Instant Negligible
Api3 dCOMP USDC 90 day price
View Api3 dCOMP USDC details
Ethereum
OUSD Vault V1 Morpho
7.1%5.7%3.4% 56.70.1%0.0%USDC
$2.94M $4.41M
0.7
0.0%/ 5.0%
Instant Negligible
OUSD Vault V1 90 day price
View OUSD Vault V1 details
Ethereum
OUSD Vault V2 Morpho
7.1%5.7%3.3% 56.80.1%0.0%USDC
$2.94M $4.41M
0.7
0.0%/ 0.0%
Instant Negligible
OUSD Vault V2 90 day price
View OUSD Vault V2 details
Ethereum
Usual Boosted USDC Morpho
7.0%5.4%12.5% 6.80.8%-3.5%USDC
$2.12M $594.03M
2.1
0.0%/ 10.0%
Instant Negligible
 Usual Boosted USDC 90 day price
View Usual Boosted USDC details
Ethereum
kpk USDC Yield V2 Morpho
6.8%7.2%4.4% 70.70.1%0.0%USDC
$10.22M $10.22M
0.6
0.0%/ 0.0%
Instant Negligible
kpk USDC Yield V2 90 day price
View kpk USDC Yield V2 details
HyperEVM
Gauntlet USDT0 Vault Morpho
6.8%7.1%9.0% 47.30.1%-0.2%USD₮0
$388.78K $3.26M
1.3
0.0%/ 10.0%
Instant Negligible
Gauntlet USDT0 Vault 90 day price
View Gauntlet USDT0 Vault details
Ethereum
Clearstar USDC Core Morpho
6.6%6.7%6.0% 49.10.1%0.0%USDC
$1.54M $16.15M
0.9
0.0%/ 10.0%
Instant Negligible
Clearstar USDC Core 90 day price
View Clearstar USDC Core details
Ethereum
RockawayX USDC Yield Morpho
6.6%6.7%2.7% 93.90.1%0.0%USDC
$15.80M $24.63M
0.5
0.0%/ 5.0%
Instant Negligible
RockawayX USDC Yield 90 day price
View RockawayX USDC Yield details
Ethereum
Hyperithm USDC Degen Morpho
6.4%6.3%5.9% 115.40.1%0.0%USDC
$7.36M $35.03M
0.9
0.0%/ 10.0%
Instant Negligible
Hyperithm USDC Degen 90 day price
View Hyperithm USDC Degen details
Ethereum
infiniFi x Steakhouse USDC Morpho
6.3%6.4%2.0% 25.10.2%0.0%USDC
$710.14K $8.65M
0.3
0.0%/ 5.0%
Instant Negligible
infiniFi x Steakhouse USDC 90 day price
View infiniFi x Steakhouse USDC details
Katana
Gauntlet USDT Morpho
6.3%2.8%1.4% 4.20.7%0.0%vbUSDT
$112.08K $293.56M
1.2
0.0%/ 10.0%
Instant Negligible
Gauntlet USDT 90 day price
View Gauntlet USDT details
Base
Gauntlet USDC Frontier Morpho
6.3%6.1%7.3% 7.70.8%0.0%USDC
$218.09K $27.05M
1.3
0.0%/ 0.0%
Instant Negligible
Gauntlet USDC Frontier 90 day price
View Gauntlet USDC Frontier details
Ethereum
Steakhouse infiniFi USDC Morpho
6.3%5.8%7.2% 86.70.1%0.0%USDC
$734.67K $14.24M
1.2
0.0%/ 5.0%
Instant Negligible
Steakhouse infiniFi USDC 90 day price
View Steakhouse infiniFi USDC details
Ethereum
Huma USDC Main Morpho
6.3%5.7%1.5% 98.60.1%0.0%USDC
$12.36M $16.22M
0.3
0.0%/ 0.0%
Instant Negligible
Huma USDC Main 90 day price
View Huma USDC Main details
Ethereum
Re Ecosystem Vault Morpho
6.3%6.7%4.9% 82.20.1%0.0%USDC
$7.50M $22.22M
0.7
0.0%/ 10.0%
Instant Negligible
Re Ecosystem Vault 90 day price
View Re Ecosystem Vault details
HyperEVM
Gauntlet USDC Morpho
6.2%6.6%2.0% 30.80.2%0.0%USDC
$140.04K $370.87K
0.3
0.0%/ 10.0%
Instant Negligible
Gauntlet USDC 90 day price
View Gauntlet USDC details
Ethereum
Steakhouse Prime Instant Morpho
6.2%5.7%4.2% 44.90.1%0.0%PYUSD
$310.47K $778.60K
0.8
0.0%/ 0.0%
Instant Negligible
Steakhouse Prime Instant 90 day price
View Steakhouse Prime Instant details
Ethereum
Clearstar USDC Reactor Morpho
6.2%7.4%10.6% 60.10.1%0.0%USDC
$1.41M $61.79M
1.3
0.0%/ 25.0%
Instant Negligible
Clearstar USDC Reactor 90 day price
View Clearstar USDC Reactor details
Ethereum
KPK USDC Yield RWA Morpho
6.1%6.1% 0.4% 81.00.1%0.0%USDC
$641.57K $644.97K
0.06
0.0%/ 0.0%
Instant Negligible
KPK USDC Yield RWA 90 day price
View KPK USDC Yield RWA details
HyperEVM
OUSD Vault V1 Morpho
6.1%6.8%2.6% 42.80.2%0.0%USDC
$1.04M $1.77M
0.4
0.0%/ 5.0%
Instant Negligible
OUSD Vault V1 90 day price
View OUSD Vault V1 details
Ethereum
MEV CAPITAL USDC Morpho
6.1%7.0%1.6% 69.10.1%0.0%USDC
$319.84K $367.71K
0.2
0.0%/ 8.0%
Instant Negligible
MEV CAPITAL USDC  90 day price
View MEV CAPITAL USDC details
Ethereum
dForce USDT Morpho
6.0%3.9%3.6% 6.20.6%0.0%USDT
$53.83K $13.32M
1.0
0.0%/ 5.0%
Instant Negligible
dForce USDT 90 day price
View dForce USDT details
Ethereum
UltraYield USDC Core Morpho
6.0%5.0%1.7% 54.90.1%0.0%USDC
$130.90K $180.79K
0.4
0.0%/ 0.0%
Instant Negligible
UltraYield USDC Core 90 day price
View UltraYield USDC Core details
Ethereum
Yearn OG USDC Morpho
6.0%5.5%7.1% 101.10.1%0.0%USDC
$8.91M $10.43M
1.2
0.0%/ 5.0%
Instant Negligible
Yearn OG USDC 90 day price
View Yearn OG USDC details
Ethereum
Apyx USDC Morpho
6.0%5.9%2.0% 77.80.1%0.0%USDC
$4.66M $9.86M
0.3
0.0%/ 8.0%
Instant Negligible
Apyx USDC 90 day price
View Apyx USDC details
Ethereum
Yearn OG USDC V2 Morpho
5.9%5.5%3.6% 96.50.1%0.0%USDC
$3.32M $4.48M
0.7
0.0%/ 10.0%
Instant Negligible
Yearn OG USDC V2 90 day price
View Yearn OG USDC V2 details
HyperEVM
Growi USDC Core HyperEVM Morpho
5.9%7.0% 1.2% 45.70.1%0.0%USDC
$12.75K $16.28K
0.2
0.0%/ 10.0%
Instant Negligible
Growi USDC Core HyperEVM 90 day price
View Growi USDC Core HyperEVM details
Arbitrum One
Gauntlet USDC Core Morpho
5.9%4.3%4.7% 7.40.6%0.0%USDC
$979.67K $95.82M
1.1
0.0%/ 10.0%
Instant Negligible
Gauntlet USDC Core 90 day price
View Gauntlet USDC Core details
Ethereum
Steakhouse Ethena USDtb Morpho
5.8%4.4%3.3% 9.00.5%0.0%USDtb
$1.04M $120.29M
1.2
0.0%/ 5.0%
Instant Negligible
Steakhouse Ethena USDtb 90 day price
View Steakhouse Ethena USDtb details
Ethereum
DeTrade Serenity USDC Morpho
5.8%5.5%2.4% 91.70.1%0.0%USDC
$66.26K $90.30K
0.6
0.0%/ 0.0%
Instant Negligible
DeTrade Serenity USDC 90 day price
View DeTrade Serenity USDC details
HyperEVM
Felix USDT0 V2 Morpho
5.8%5.8% 0.2% 48.20.1%0.0%USD₮0
$2.88M $2.91M
0.04
0.0%/ 10.0%
Instant Negligible
Felix USDT0 V2 90 day price
View Felix USDT0 V2 details
Ethereum
Keyrock USDC Morpho
5.8%1.9%4.2% 2.00.9%0.0%USDC
$44.58K $3.01M
0.9
0.0%/ 0.0%
Instant Negligible
Keyrock USDC 90 day price
View Keyrock USDC details
HyperEVM
Felix USDC (Frontier) Morpho
5.7%6.7%4.6% 57.50.1%-0.1%USDC
$11.88M $40.86M
0.8
0.0%/ 10.0%
Instant Negligible
Felix USDC (Frontier) 90 day price
View Felix USDC (Frontier) details
HyperEVM
Gauntlet USDC Morpho
5.7%6.4%6.2% 75.60.1%-0.1%USDC
$1.99M $5.55M
1.0
0.0%/ 10.0%
Instant Negligible
Gauntlet USDC 90 day price
View Gauntlet USDC details
Base
Muscadine USDC Frontier Morpho
5.6%5.8%1.3% 9.70.6%0.0%USDC
$24.72K $24.72K
0.2
0.0%/ 0.0%
Instant Negligible
Muscadine USDC Frontier 90 day price
View Muscadine USDC Frontier details
Ethereum
sky.money USDT Risk Capital Morpho
5.6%5.0%2.4% 6.50.8%0.0%USDT
$582.26K $45.83M
0.6
0.0%/ 0.0%
Instant Negligible
sky.money USDT Risk Capital 90 day price
View sky.money USDT Risk Capital details
Ethereum
Flowmark fGenesis Morpho
5.5%5.2%1.5% 10.00.5%0.0%USDC
$35.56K $35.67K
0.3
0.0%/ 10.0%
Instant Negligible
Flowmark fGenesis 90 day price
View Flowmark fGenesis details
HyperEVM
Felix USDC Morpho
5.5%6.5%6.3% 60.30.1%-0.4%USDC
$8.20M $67.45M
1.0
0.0%/ 10.0%
Instant Negligible
Felix USDC 90 day price
View Felix USDC details
Ethereum
Gauntlet USDC Frontier Morpho
5.5%5.5%4.7% 110.30.0%0.0%USDC
$26.01M $118.47M
0.9
0.0%/ 0.0%
Instant Negligible
Gauntlet USDC Frontier 90 day price
View Gauntlet USDC Frontier details
Ethereum
Gauntlet USDC RWA Morpho
5.4%5.5%9.7% 115.40.0%0.0%USDC
$11.04M $13.65M
1.5
0.0%/ 0.0%
Instant Negligible
Gauntlet USDC RWA 90 day price
View Gauntlet USDC RWA details
Ethereum
Steakhouse High Yield Instant Morpho
5.4%5.2%4.5% 139.40.0%0.0%USDC
$42.34M $49.95M
0.8
0.0%/ 5.0%
Instant Negligible
Steakhouse High Yield Instant 90 day price
View Steakhouse High Yield Instant details
Ethereum
Keyrock USDC Morpho
5.4%5.5%5.6% 137.40.0%0.0%USDC
$5.39M $8.36M
1.0
0.0%/ 5.0%
Instant Negligible
Keyrock USDC 90 day price
View Keyrock USDC details
Ethereum
Saturn USDC Morpho
5.4%5.6%1.4% 100.30.1%0.0%USDC
$1.12M $10.10M
0.3
0.0%/ 8.0%
Instant Negligible
Saturn USDC 90 day price
View Saturn USDC details
Base
Gauntlet USDC Frontier Morpho
5.4%5.7%4.6% 150.50.0%0.0%USDC
$4.75M $13.23M
0.9
0.0%/ 0.0%
Instant Negligible
Gauntlet USDC Frontier 90 day price
View Gauntlet USDC Frontier details
Ethereum
Stake DAO USDC v2 Morpho
5.4%5.0%3.7% 125.60.0%0.0%USDC
$596.39K $1.10M
0.8
0.0%/ 10.0%
Instant Negligible
Stake DAO USDC v2 90 day price
View Stake DAO USDC v2 details
Arbitrum One
kpk USDC Yield Morpho
5.3%3.4%3.7% 7.80.4%0.0%USDC
$23.69K $3.34M
0.9
0.0%/ 0.0%
Instant Negligible
kpk USDC Yield 90 day price
View kpk USDC Yield details
Ethereum
RockawayX Tori Ecosystem Morpho
5.3%5.0% 0.6% 80.80.1%0.0%USDC
$13.47M $13.84M
0.1
0.0%/ 10.0%
Instant Negligible
RockawayX Tori Ecosystem 90 day price
View RockawayX Tori Ecosystem details
Base
DeTrade Serenity USDC Morpho
5.3%5.2%2.7% 117.80.0%0.0%USDC
$55.22K $124.08K
0.6
0.0%/ 0.0%
Instant Negligible
DeTrade Serenity USDC 90 day price
View DeTrade Serenity USDC details
Katana
Clearstar Reactor USDT Morpho
5.2%3.5% 0.6% 27.20.1%0.0%vbUSDT
$1.08M $1.99M
0.2
0.0%/ 0.0%
Instant Negligible
Clearstar Reactor USDT 90 day price
View Clearstar Reactor USDT details
HyperEVM
K3 USDC Morpho
5.2%5.2% 0.1% 42.70.1%0.0%USDC
$13.89M $13.89M
0.02
0.0%/ 5.0%
Instant Negligible
K3 USDC 90 day price
View K3 USDC details
Ethereum
UltraYield USDT Core Morpho
5.1%3.2%1.2% 6.20.5%0.0%USDT
$101.16K $6.66M
0.4
0.0%/ 0.0%
Instant Negligible
UltraYield USDT Core 90 day price
View UltraYield USDT Core details
Arbitrum One
Steakhouse High Yield USDC Morpho
5.1%4.0%4.4% 13.60.3%0.0%USDC
$2.40M $75.46M
1.1
0.0%/ 10.0%
Instant Negligible
Steakhouse High Yield USDC 90 day price
View Steakhouse High Yield USDC details
Ethereum
Sentora PST Main Morpho
5.1%5.1% 0.2% 76.90.1%0.0%PYUSD
$43.14M $43.14M
0.04
0.0%/ 15.0%
Instant Negligible
Sentora PST Main 90 day price
View Sentora PST Main details
Ethereum
Safe x Smokehouse USDC Morpho
5.1%4.1%5.7% 49.10.1%0.0%USDC
$1.64M $9.06M
1.2
0.0%/ 11.5%
Instant Negligible
Safe x Smokehouse USDC 90 day price
View Safe x Smokehouse USDC details
Ethereum
Smokehouse USDC Morpho
5.1%4.8%12.6% 134.40.0%0.0%USDC
$13.55M $311.44M
1.8
0.0%/ 10.0%
Instant Negligible
Smokehouse USDC 90 day price
View Smokehouse USDC details
Ethereum
Steakhouse High Yield Instant Morpho
5.0%4.3%3.1% 38.10.1%0.0%AUSD
$473.03K $11.82M
0.7
0.0%/ 0.0%
Instant Negligible
Steakhouse High Yield Instant 90 day price
View Steakhouse High Yield Instant details
Base
Steakhouse High Yield Instant Morpho
5.0%5.3%4.7% 117.80.0%0.0%USDC
$31.33M $36.74M
0.9
0.0%/ 5.0%
Instant Negligible
Steakhouse High Yield Instant 90 day price
View Steakhouse High Yield Instant details
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