Morpho Watch

Flowdesk

Verified

Flowdesk curates 2 listed Morpho vaults holding $30.63M 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.

Website ↗ · X (Twitter) ↗

Data from Morpho's API · updated

In their vaults

$30.63M

listed vaults only

Vaults

2

on 1 network

Average net APY

9.33%

weighted by vault size

Best vault right now

9.68%

Flowdesk Confidential High Yield USDT

Flowdesk's vaults

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

Vaults curated by Flowdesk
Vault Deposits Net APY 30‑day APY Fee Withdrawable
Flowdesk Confidential High Yield USDTV2Flowdesk · Ethereum · $28.17M $28.17M28.20M USDT 9.68%incl. 2.34% rewards 5.43% 10% $569K
Flowdesk AUSD RWA StrategyV2Flowdesk · Ethereum · $2.46M $2.46M2.46M AUSD 5.30% 7.16% 7.5% $368K

What these vaults lend against

Money lent directly to markets, grouped by the collateral borrowers post. Higher-risk collateral usually pays more.

CollateralLent against itShareMarkets
PT-USD3-17DEC2026 $14.28M46.6%1
sUSDai $7.81M25.5%1
PST $2.73M8.9%2
PT-USDat-14JAN2027 $2.14M7.0%1
PT-reUSD-10DEC2026 $1.93M6.3%1
sUSDat $1.38M4.5%2
syrupUSDC $349K1.1%1

Flowdesk on Morpho: quick answers

How much does Flowdesk manage on Morpho?

Flowdesk curates 2 vaults listed in the Morpho app, holding $30.63M on 1 network. The largest is Flowdesk Confidential High Yield USDT on Ethereum with $28.17M.

What do Flowdesk's Morpho vaults pay?

Weighted by size, its vaults pay 9.33% net APY right now. The best with at least $1M deposited is Flowdesk Confidential High Yield USDT on Ethereum at 9.68% net APY (2.34% of it in token rewards, which can stop at any time). Rates change daily with borrowing demand.

What do Flowdesk's vaults lend against?

Mostly loans backed by PT-USD3-17DEC2026 (47%), sUSDai (26%) and PST (9%), counting money lent directly into markets. Each vault's page shows its own mix.

Which networks does Flowdesk 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.