Morpho Watch

Morpho vault curators

A curator is the team that runs a Morpho vault. It decides which markets the vault lends to, how much can go into each one, and when to move money around. Depositors pick a vault, so in practice they pick a curator. What curators do and how to compare them.

Data from Morpho's API · updated

Curators with listed vaults

41

41 of them verified by Morpho

Money in curated vaults

$6.78B

listed vaults only

Largest curator

Steakhouse Financial

$2.74B · 40.4% of the total

Vaults

327

a vault can have more than one curator

Every curator, by money curated

Click a column to sort. Net APY is weighted by the size of each vault.

CuratorIn their vaultsAvg net APYVaultsNetworksShare
Steakhouse FinancialVerified62 vaults · 8 networks $2.74B 4.18% 62 8 40.4%
SentoraVerified8 vaults · 2 networks $1.62B 4.10% 8 2 23.9%
GauntletVerified66 vaults · 11 networks $1.02B 4.47% 66 11 15.1%
SparkDAOVerified4 vaults · 2 networks $918.9M 1.90% 4 2 13.6%
Galaxy CurationVerified9 vaults · 5 networks $146.0M 4.09% 9 5 2.2%
RockawayXVerified17 vaults · 4 networks $122.9M 7.64% 17 4 1.8%
Armitage by WintermuteVerified7 vaults · 1 network $103.3M 6.15% 7 1 1.5%
Sky MoneyVerified5 vaults · 1 network $88.35M 4.97% 5 1 1.3%
KeyrockVerified4 vaults · 2 networks $83.51M 2.55% 4 2 1.2%
ClearstarVerified19 vaults · 6 networks $75.91M 6.72% 19 6 1.1%
HyperithmVerified11 vaults · 4 networks $71.33M 7.48% 11 4 1.1%
KPKVerified13 vaults · 4 networks $70.42M 7.06% 13 4 1.0%
YearnVerified13 vaults · 4 networks $32.95M 5.94% 13 4 0.5%
FlowdeskVerified2 vaults · 1 network $30.63M 9.54% 2 1 0.5%
FelixVerified9 vaults · 1 network $28.32M 5.92% 9 1 0.4%
WaterlineVerified6 vaults · 1 network $22.43M 7.15% 6 1 0.3%
August DigitalVerified3 vaults · 2 networks $20.91M 7.74% 3 2 0.3%
HakutoraVerified2 vaults · 1 network $16.23M 3.37% 2 1 0.2%
Api3Verified6 vaults · 3 networks $12.19M 9.87% 6 3 0.2%
SharpByteVerified4 vaults · 2 networks $8.66M 6.93% 4 2 0.1%
Anthias LabsVerified5 vaults · 1 network $7.83M 2.33% 5 1 0.1%
PangolinsVerified2 vaults · 2 networks $6.90M 4.04% 2 2 0.1%
MEV CapitalVerified7 vaults · 3 networks $6.60M 3.59% 7 3 0.1%
Y10k CapitalVerified1 vault · 1 network $5.80M 6.15% 1 1 0.1%
BitwiseVerified3 vaults · 3 networks $4.93M 4.36% 3 3 0.1%
K3 CapitalVerified2 vaults · 2 networks $4.89M 4.71% 2 2 0.1%
PrestoVerified2 vaults · 1 network $4.36M 4.38% 2 1 0.1%
RE7 LabsVerified4 vaults · 3 networks $3.55M 5.45% 4 3 0.1%
Unified LabsVerified4 vaults · 3 networks $3.47M 4.50% 4 3 0.1%
CrossWorlds (by Stake DAO)Verified3 vaults · 1 network $1.54M 6.54% 3 1 0.0%
ArchitectVerified1 vault · 1 network $1.26M 4.27% 1 1 0.0%
9SummitsVerified1 vault · 1 network $908K 12.32% 1 1 0.0%
SingularVVerified3 vaults · 1 network $742K 3.30% 3 1 0.0%
UltraYieldVerified5 vaults · 2 networks $558K 4.93% 5 2 <0.01%
ReVerified2 vaults · 2 networks $418K 9.92% 2 2 <0.01%
FlowmarkVerified2 vaults · 2 networks $404K 7.00% 2 2 <0.01%
Birch HillVerified1 vault · 1 network $341K 4.98% 1 1 <0.01%
FeatherVerified3 vaults · 2 networks $295K 20.41% 3 2 <0.01%
ApostroVerified1 vault · 1 network $241K 0.48% 1 1 <0.01%
TouchstoneVerified2 vaults · 1 network $9.9K 0.94% 2 1 <0.01%
Dialectic MeccanicoVerified3 vaults · 3 networks $206 0.22% 3 3 <0.01%

How to read this table

Size is not the same as safety, and a higher APY usually means the curator lends against riskier collateral or keeps less cash on hand. Open a curator to see every vault it runs and exactly what those vaults lend against. The figures count vaults listed in the Morpho app, so a curator's own total may be a little higher.