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Morpho Watch

HyperithmVerified

Hyperithm curates 11 listed Morpho vaults holding $68.76M on 4 networks. 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

In their vaults

$68.76M

listed vaults only

Vaults

11

on 4 networks

Average net APY

7.11%

weighted by vault size

Best vault right now

9.18%

Apyx apxUSD

Hyperithm's vaults

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

Vaults curated by Hyperithm
Vault Deposits Net APY 30-day APY Fee Withdrawable
Hyperithm USDC ApexV2Hyperithm · Monad · $38.77M $38.77M38.78M USDC 8.70%incl. 1.05% rewards 6.33% 5% $11.4K
Hyperithm USDC ApexV2Hyperithm · Ethereum · $9.77M $9.77M9.77M USDC 5.72% 6.37% 10% $0
Hyperithm cbBTC ApexV2Hyperithm · Monad · $7.74M $7.74M92.23 cbBTC 2.25% 2.31% 10% $0
Apyx USDCV2Hyperithm · Ethereum · $4.59M $4.59M4.59M USDC 3.64% 5.42% 8% $1.00
Apyx apxUSDV2Hyperithm · Ethereum · $2.97M $2.97M3.02M apxUSD 9.18% 9.63% 8% $230
Saturn USDCV2Hyperithm · Monad · $1.93M $1.93M1.93M USDC 8.46%incl. 0.91% rewards 5.24% 8% $60.00
Hyperithm USDC ApexHyperithm · Ethereum · $1.55M $1.55M1.55M USDC 7.09% 7.24% 10% $328K
Saturn USDCV2Hyperithm · Ethereum · $923K $923K922.98K USDC 6.16% 5.31% 8% $5.00
Hyperithm USDC ApexHyperithm · Arbitrum · $394K $394K394.06K USDC 2.50% 3.17% 10% $257K
Hyperithm USDT CoreHyperithm · Ethereum · $113K $113K113.09K USDT 3.95% 3.04% 10% $105K
Hyperithm USDT CoreV2Hyperithm · Stable · $1.00 $1.001.02 USDT0 0.00% <0.01% 0% $1.00

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-USDat-14JAN2027 $22.45M32.7%2
aHYPER $16.87M24.5%1
mHyperBTC $6.15M8.9%2
aHyperBTC $5.59M8.1%2
PT-apyUSD-5NOV2026 $5.15M7.5%2
PT-reUSD-10DEC2026 $5.00M7.3%1
apyUSD $2.21M3.2%1
cbBTC $780K1.1%1
sUSDat $767K1.1%1
AA_FalconXUSDC $600K0.9%1
PT-apxUSD-5NOV2026 $592K0.9%1
WBTC $468K0.7%3
mF-ONE $450K0.7%1
PT-srUSDat-14JAN2027 $387K0.6%2
mHYPER $320K0.5%1
wFalconX $235K0.3%1
reUSD $191K0.3%1
wstETH $179K0.3%3
sUSDai $122K0.2%1
stUSDS $100.0K0.1%1

Hyperithm on Morpho: quick answers

How much does Hyperithm manage on Morpho?

Hyperithm curates 11 vaults listed in the Morpho app, holding $68.76M on 4 networks. The largest is Hyperithm USDC Apex on Monad with $38.77M.

What do Hyperithm's Morpho vaults pay?

Weighted by size, its vaults pay 7.11% net APY right now. The best with at least $1M deposited is Apyx apxUSD on Ethereum at 9.18%. Rates change daily with borrowing demand.

What do Hyperithm's vaults lend against?

Mostly loans backed by PT-USDat-14JAN2027 (33%), aHYPER (25%) and mHyperBTC (9%), counting money lent directly into markets. Each vault's page shows its own mix.

Which networks does Hyperithm run Morpho vaults on?

Monad, Ethereum, Arbitrum and Stable.

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.