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Morpho Watch

KeyrockVerified

Keyrock curates 4 listed Morpho vaults holding $83.11M on 2 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

$83.11M

listed vaults only

Vaults

4

on 2 networks

Average net APY

0.78%

weighted by vault size

Best vault right now

5.49%

Keyrock USDC

Keyrock's vaults

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

Vaults curated by Keyrock
Vault Deposits Net APY 30-day APY Fee Withdrawable
Keyrock Prime USDCV2Keyrock · Arc · $75.00M $75.00M75.01M USDC 0.27% 0.02% 0% $7.50M
Keyrock USDCV2Keyrock · Ethereum · $7.91M $7.91M7.92M USDC 5.49%incl. 0.30% rewards 5.40% 5% $2.06M
Keyrock Prime USDTV2Keyrock · Ethereum · $202K $202K201.74K USDT 3.85% 3.07% 10% $53.00
Keyrock RLUSDV2Keyrock · Ethereum · $736 $736736.16 RLUSD <0.01% 0.36% 10% $736

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
cirBTC $75.00M90.2%1
cbBTC $2.07M2.5%2
PT-reUSD-10DEC2026 $1.90M2.3%1
PT-USD3-17DEC2026 $1.20M1.4%1
wFalconX $1.00M1.2%1
USD3 $1000K1.2%1
mF-ONE $300K0.4%1
WBTC $281K0.3%2
stUSDS $201K0.2%1
wstETH $141K0.2%2
XAUt $10.1K0.0%1
sUSDS $10.1K0.0%1

Keyrock on Morpho: quick answers

How much does Keyrock manage on Morpho?

Keyrock curates 4 vaults listed in the Morpho app, holding $83.11M on 2 networks. The largest is Keyrock Prime USDC on Arc with $75.00M.

What do Keyrock's Morpho vaults pay?

Weighted by size, its vaults pay 0.78% net APY right now. The best with at least $1M deposited is Keyrock USDC on Ethereum at 5.49%. Rates change daily with borrowing demand.

What do Keyrock's vaults lend against?

Mostly loans backed by cirBTC (90%), cbBTC (2%) and PT-reUSD-10DEC2026 (2%), counting money lent directly into markets. Each vault's page shows its own mix.

Which networks does Keyrock run Morpho vaults on?

Arc and 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.