Morpho Watch

Hyperithm

Verified

Hyperithm curates 11 listed Morpho vaults holding $71.23M 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

$71.23M

listed vaults only

Vaults

11

on 4 networks

Average net APY

7.54%

weighted by vault size

Best vault right now

9.83%

Apyx USDC

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 · $35.33M $35.33M35.33M USDC 8.11%incl. 0.78% rewards 7.71% 5% $10.00
Saturn USDCV2Hyperithm · Monad · $15.86M $15.86M15.87M USDC 7.42%incl. 0.91% rewards 7.60% 8% $109
Hyperithm USDC ApexV2Hyperithm · Ethereum · $7.50M $7.50M7.50M USDC 6.51% 6.56% 10% $5.0K
Hyperithm cbBTC ApexV2Hyperithm · Monad · $4.02M $4.02M55.92 cbBTC 2.81% 2.20% 10% $2.7K
Apyx apxUSDV2Hyperithm · Ethereum · $3.48M $3.48M3.51M apxUSD 8.54% 10.98% 8% $0
Apyx USDCV2Hyperithm · Ethereum · $3.25M $3.25M3.25M USDC 9.83% 4.92% 8% $100
Hyperithm USDC ApexHyperithm · Ethereum · $1.21M $1.21M1.21M USDC 6.76% 6.97% 10% $408K
Hyperithm USDC ApexHyperithm · Arbitrum · $326K $326K325.65K USDC 5.79% 3.21% 10% $173K
Saturn USDCV2Hyperithm · Ethereum · $144K $144K144.25K USDC 5.65% 7.02% 8% $0
Hyperithm USDT CoreHyperithm · Ethereum · $113K $113K113.50K USDT 2.70% 3.50% 10% $113K
Hyperithm USDT CoreV2Hyperithm · Stable · $1.00 $1.001.02 USDT0 0.00% 0.00% 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
aHYPER $28.18M39.6%1
PT-USDat-14JAN2027 $25.39M35.7%2
aHyperBTC $5.81M8.2%2
apyUSD $3.22M4.5%1
mHyperBTC $2.55M3.6%1
PT-apyUSD-11FEB2027 $2.24M3.1%1
PT-reUSD-10DEC2026 $1.57M2.2%1
PT-apxUSD-11FEB2027 $1.27M1.8%2
mHYPER $399K0.6%1
WBTC $394K0.6%2
wstETH $111K0.2%1
PT-sUSDat-14JAN2027 $34.6K0.0%1
sUSDS $20.2K0.0%1
WETH $19.3K0.0%1
syrupUSDC $5.4K<0.01%1
sUSDat $4.7K<0.01%1
cbBTC $158<0.01%1
Small or unlisted markets $99.00<0.01%2

Hyperithm on Morpho: quick answers

How much does Hyperithm manage on Morpho?

Hyperithm curates 11 vaults listed in the Morpho app, holding $71.23M on 4 networks. The largest is Hyperithm USDC Apex on Monad with $35.33M.

What do Hyperithm's Morpho vaults pay?

Weighted by size, its vaults pay 7.54% net APY right now. The best with at least $1M deposited is Apyx USDC on Ethereum at 9.83% net APY. Rates change daily with borrowing demand.

What do Hyperithm's vaults lend against?

Mostly loans backed by aHYPER (40%), PT-USDat-14JAN2027 (36%) and aHyperBTC (8%), 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.