Felix

Q: How much does Felix manage on Morpho?

Felix curates 9 vaults listed in the Morpho app, holding $28.33M on 1 network. The largest is Felix USDC V2 on HyperEVM with $15.15M.

Q: What do Felix's Morpho vaults pay?

Weighted by size, its vaults pay 5.92% net APY right now. The best with at least $1M deposited is Felix USDC V2 on HyperEVM at 7.62% net APY (3.19% of it in token rewards, which can stop at any time). Rates change daily with borrowing demand.

Q: What do Felix's vaults lend against?

Mostly loans backed by kHYPE (80%), WHYPE (14%) and UBTC (4%), counting money lent directly into markets. Each vault's page shows its own mix.

Verified

Felix curates 9 listed Morpho vaults holding $28.33M 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.

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Data from Morpho's API · updated 2026-11-12 18:21 UTC

In their vaults

$28.33M

listed vaults only

Vaults

on 1 network

Average net APY

5.92%

weighted by vault size

Best vault right now

7.62%

Felix USDC V2

Felix's vaults

Every listed vault Felix curates, largest first. Fees are the share of interest the curator keeps.

Vaults curated by Felix
Vault	Deposits	Net APY	30‑day APY	Fee	Withdrawable
Felix USDC V2V2Felix · HyperEVM · $15.15M	$15.15M15.16M USDC	7.62%incl. 3.19% rewards	5.39%	10%	$1.65M
Felix USDT0 V2V2Felix · HyperEVM · $3.43M	$3.43M3.43M USD₮0	6.33%	6.90%	10%	$598K
Felix USDCFelix · HyperEVM · $2.72M	$2.72M2.72M USDC	4.52%	5.33%	10%	$2.58M
Felix HYPE V2V2Felix · HyperEVM · $2.65M	$2.65M37.15K WHYPE	0.63%	0.60%	10%	$716K
Felix USDT0Felix · HyperEVM · $2.14M	$2.14M2.14M USD₮0	6.21%	6.81%	10%	$974K
Felix HYPEFelix · HyperEVM · $1.83M	$1.83M25.67K WHYPE	0.63%	0.59%	10%	$722K
Felix USDT0 (Frontier)Felix · HyperEVM · $181K	$181K180.83K USD₮0	6.56%	6.92%	10%	$66.8K
Felix USDe V2V2Felix · HyperEVM · $126K	$126K126.26K USDe	6.53%	7.48%	10%	$35.3K
Felix USDhlFelix · HyperEVM · $114K	$114K114.52K USDHL	0.00%	0.00%	10%	$114K
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	Markets
kHYPE	$22.70M	80.5%	5
WHYPE	$4.05M	14.3%	5
UBTC	$1.18M	4.2%	4
wstHYPE	$231K	0.8%	3
UETH	$35.8K	0.1%	1
PT-kHYPE-24SEP2026	$12.8K	0.0%	3
PT-kHYPE-19MAR2026	$8.6K	0.0%	1
Small or unlisted markets	$71.00	<0.01%	3

Felix on Morpho: quick answers

How much does Felix manage on Morpho?

Felix curates 9 vaults listed in the Morpho app, holding $28.33M on 1 network. The largest is Felix USDC V2 on HyperEVM with $15.15M.

What do Felix's Morpho vaults pay?

Weighted by size, its vaults pay 5.92% net APY right now. The best with at least $1M deposited is Felix USDC V2 on HyperEVM at 7.62% net APY (3.19% of it in token rewards, which can stop at any time). Rates change daily with borrowing demand.

What do Felix's vaults lend against?

Mostly loans backed by kHYPE (80%), WHYPE (14%) and UBTC (4%), counting money lent directly into markets. Each vault's page shows its own mix.

Which networks does Felix run Morpho vaults on?

HyperEVM.

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.