Morpho Watch

vbUSDC on Morpho

Vault Bridge USDC (vbUSDC) on Morpho, on every network: $9.00M in 7 vaults, $9.21M lent in 11 markets. Rates differ between vaults and markets because each has its own borrowers, collateral and curator.

Data from Morpho's API · updated

Best vault net APY

8.00%

Yearn Degen USDC

Best market supply APY

2.61%

against yvvbETH, Katana

Cheapest to borrow

2.77%

against vbWBTC, Katana

In vaults

$9.00M

7 vaults

Earn on vbUSDC: vaults

Deposit vbUSDC and a curator lends it out for you. Net APY is after the curator's fee.

Vaults that take vbUSDC
Vault Deposits Net APY 30‑day APY Fee Withdrawable
Yearn OG USDCV2Yearn · Katana · $2.87M $2.87M2.88M vbUSDC 2.38% 3.11% 10% $653K
Yearn Degen USDCV2Yearn · Katana · $1.93M $1.93M1.93M vbUSDC 8.00%incl. 5.97% rewards 2.10% 10% $653K
Steakhouse Prime USDCSteakhouse Financial · Katana · $1.77M $1.77M1.77M vbUSDC 2.18% 2.59% 10% $653K
Steakhouse Prime USDCV2Steakhouse Financial · Katana · $959K $959K959.28K vbUSDC 2.18% 2.56% 10% $653K
Clearstar Core USDCV2Clearstar · Katana · $740K $740K740.49K vbUSDC 8.00%incl. 4.77% rewards 3.67% 0% $8.9K
Steakhouse High Yield USDCV2Steakhouse Financial · Katana · $719K $719K719.70K vbUSDC 2.18% 2.56% 10% $653K
Gauntlet USDC⚠ Deposits switched offGauntlet · Katana · $1.8K $1.8K1.77K vbUSDC 0.00% 0.00% 10% $1.8K

Borrow vbUSDC: markets

Markets that lend out vbUSDC, each against one kind of collateral.

Markets that lend vbUSDC
Market Supplied Supply APY Borrowed Borrow APY Utilization
vbWBTC / vbUSDCKatana · LLTV 86% $5.23M5.24M vbUSDC 2.42% $4.58M$6.57M collateral 2.77% 87.5%
yvvbETH / vbUSDCKatana · LLTV 77% $2.16M2.16M vbUSDC 2.61% $1.71M$3.76M collateral 3.31% 79.0%
weETH / vbUSDCKatana · LLTV 86% $745K745.67K vbUSDC 2.14% $681K$921K collateral 2.35% 91.4%
vbETH / vbUSDCKatana · LLTV 86% $543K543.47K vbUSDC 2.55% $464K$1.39M collateral 2.99% 85.4%
FXRP / vbUSDCKatana · LLTV 77% $203K203.23K vbUSDC 4.68% $173K$258K collateral 5.50% 85.3%
yvvbWBTC / vbUSDCKatana · LLTV 77% $108K108.26K vbUSDC 7.12% $97.8K$269K collateral 7.90% 90.4%
stcUSD / vbUSDCKatana · LLTV 86% $91.1K91.13K vbUSDC 2.97% $82.2K$98.0K collateral 3.29% 90.2%
avKAT / vbUSDCKatana · LLTV 62.5% $79.4K79.46K vbUSDC 0.31% $71.9K$184K collateral 0.34% 90.6%
yvvbUSDT / vbUSDCKatana · LLTV 86% $31.2K31.24K vbUSDC 0.38% $30.7K$61.4K collateral 0.39% 98.2%
LBTC / vbUSDCKatana · LLTV 86% $12.6K12.64K vbUSDC 0.25% $12.0K$29.2K collateral 0.27% 94.9%
KAT / vbUSDCKatana · LLTV 62.5% $2.0K2.00K vbUSDC 0.06% $1.2K$4.2K collateral 0.09% 61.5%

About vbUSDC on Morpho

Vault Bridge USDC (vbUSDC) is on Morpho on Katana. Morpho prices it at $0.9996.

7 vaults take vbUSDC deposits, holding $9.00M in all. The largest is Yearn OG USDC on Katana, curated by Yearn, with $2.87M deposited and paying 2.38% net APY after fees.

vbUSDC is lent out in 11 markets, with $9.21M supplied and $7.90M borrowed. The largest is vbWBTC / vbUSDC on Katana, where borrowers pay 2.77% and lenders earn 2.42%.

vbUSDC on Morpho: quick answers

Where can I earn the most on vbUSDC on Morpho?

Yearn Degen USDC on Katana pays 8.00% net APY (5.97% of it in token rewards, which can stop at any time), the most among vbUSDC vaults open to deposits with at least $1M in them. The largest vbUSDC vault, Yearn OG USDC, pays 2.38% net APY.

Where is it cheapest to borrow vbUSDC on Morpho?

Borrowing vbUSDC against vbWBTC on Katana costs 2.77% a year, the lowest among markets in use with at least $250K left to borrow.

Which networks is vbUSDC on Morpho available on?

Katana.

Borrowing against vbUSDC? Check your numbers with the liquidation price calculator. More assets on the assets page.