Armitage by WintermuteVerified
Armitage by Wintermute curates 6 listed Morpho vaults holding $145.5M on 1 network. A curator chooses which markets its vaults lend to and sets a cap for each one; depositors earn what those loans pay, minus the curator's fee.
Data from Morpho's API · updated
In their vaults
$145.5M
listed vaults only
Vaults
6
on 1 network
Average net APY
5.72%
weighted by vault size
Best vault right now
6.40%
Pendle Ecosystem USDC
Armitage by Wintermute's vaults
Every listed vault Armitage by Wintermute curates, largest first. Fees are the share of interest the curator keeps.
| Vault | Net APY | ||||
|---|---|---|---|---|---|
| Pendle Ecosystem USDCV2Armitage by Wintermute · Ethereum · $75.56M | 6.40%incl. 1.10% rewards | ||||
| Wintermute USDC SelectV2Armitage by Wintermute · Ethereum · $43.90M | 5.08% | ||||
| Wintermute USDC PrimeV2Armitage by Wintermute · Ethereum · $14.65M | 4.52% | ||||
| Wintermute USDT SelectV2Armitage by Wintermute · Ethereum · $8.73M | 5.43% | ||||
| Wintermute USDT PrimeV2Armitage by Wintermute · Ethereum · $2.01M | 4.36% | ||||
| Wintermute Confidential WBTCV2Armitage by Wintermute · Ethereum · $602K | 5.00%incl. 3.12% rewards | ||||
| Nothing matches that filter. | |||||
What these vaults lend against
Money lent directly to markets, grouped by the collateral borrowers post. Higher-risk collateral usually pays more.
| Collateral | Lent against it | Share |
|---|---|---|
| PT-reUSD-10DEC2026 | $61.61M | 42.4% |
| cbBTC | $30.11M | 20.7% |
| PT-sUSDS-26NOV2026 | $15.66M | 10.8% |
| WBTC | $13.82M | 9.5% |
| PT-sUSDE-26NOV2026 | $7.62M | 5.2% |
| wstETH | $6.91M | 4.8% |
| v-wmtUSDC | $4.31M | 3.0% |
| v-wmtUSDT | $3.50M | 2.4% |
| PT-USDat-14JAN2027 | $1.20M | 0.8% |
| v-wmtWBTC | $278K | 0.2% |
| XAUt | $184K | 0.1% |
| armUSDCp | $159K | 0.1% |
| armUSDTp | $70.0K | 0.0% |
| LBTC | $21.0K | 0.0% |
| PT-USDG-24SEP2026 | $2.4K | <0.01% |
Armitage by Wintermute on Morpho: quick answers
How much does Armitage by Wintermute manage on Morpho?
Armitage by Wintermute curates 6 vaults listed in the Morpho app, holding $145.5M on 1 network. The largest is Pendle Ecosystem USDC on Ethereum with $75.56M.
What do Armitage by Wintermute's Morpho vaults pay?
Weighted by size, its vaults pay 5.72% net APY right now. The best with at least $1M deposited is Pendle Ecosystem USDC on Ethereum at 6.40%. Rates change daily with borrowing demand.
What do Armitage by Wintermute's vaults lend against?
Mostly loans backed by PT-reUSD-10DEC2026 (42%), cbBTC (21%) and PT-sUSDS-26NOV2026 (11%), counting money lent directly into markets. Each vault's page shows its own mix.
Which networks does Armitage by Wintermute run Morpho vaults on?
Ethereum.
How to judge a curator's vaults
Look at three things on each vault page. First, what the vault lends against: loans backed by Bitcoin or ETH are usually safer than loans backed by newer or thinly traded tokens. Second, how much cash the vault could pay out today, shown as "withdrawable": if nearly everything is lent out, withdrawals may have to wait. Third, the fee and the timelock, which is how long depositors get to react before the curator's changes take effect. Comparing curators? See the curator ranking, the best vault yields, or read what can go wrong with a vault.