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Morpho Watch

KPKVerified

KPK curates 11 listed Morpho vaults holding $52.17M on 3 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

$52.17M

listed vaults only

Vaults

11

on 3 networks

Average net APY

6.90%

weighted by vault size

Best vault right now

22.55%

KPK wARS Yield

KPK's vaults

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

Vaults curated by KPK
Vault Deposits Net APY 30-day APY Fee Withdrawable
KPK USDC PrimeV2KPK · Ethereum · $26.57M $26.57M26.57M USDC 4.67% 4.60% 0% $11.22M
KPK USDC YieldV2KPK · Ethereum · $10.30M $10.30M10.30M USDC 6.88% 6.83% 0% $862K
KPK wARS YieldV2KPK · Ethereum · $5.91M $5.91M9.48B wARS 22.55%incl. 22.15% rewards 0.31% 0% $5.78M
KPK ETH PrimeV2KPK · Ethereum · $2.90M $2.90M1.08K WETH 1.87% 1.85% 0% $518K
KPK ETH YieldV2KPK · Ethereum · $2.58M $2.58M962.14 WETH 3.17% 2.97% 0% $408K
KPK USDC Prime CoreV2KPK · Ethereum · $1.56M $1.56M1.56M USDC 4.51% 4.32% 0% $1.06M
KPK USDT PrimeV2KPK · Ethereum · $1.15M $1.15M1.15M USDT 4.30% 3.48% 0% $490K
KPK USDC Yield RWAV2KPK · Ethereum · $830K $830K830.33K USDC 6.78%incl. 0.46% rewards 6.07% 0% $350K
KPK EURC YieldV2KPK · Ethereum · $310K $310K272.51K EURC 2.36% 2.85% 0% $190K
KPK USDC YieldV2KPK · Arbitrum · $54.0K $54.0K53.97K USDC 2.06% 3.67% 0% $5.4K
KPK wARS YieldV2KPK · Arc · $6.00 $6.009.00K wARS 24.50%incl. 24.50% rewards 0.00% 0% $6.00

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
cbBTC $12.28M26.6%1
WBTC $7.77M16.8%5
savUSD $5.91M12.8%1
wstETH $5.58M12.1%7
rETH $4.11M8.9%2
siUSD $2.41M5.2%1
OETH $2.40M5.2%1
savETH $1.94M4.2%1
srRoyUSDC $1.18M2.6%1
weETH $536K1.2%3
ftUSD $530K1.1%1
AA_FalconXUSDC $350K0.8%1
WETH $293K0.6%3
LsETH $292K0.6%1
PT-USD3-17DEC2026 $175K0.4%1
USD3 $175K0.4%1
mF-ONE $131K0.3%1
sUSDS $66.6K0.1%2
USDC $51.5K0.1%1
XAUt $37.8K0.1%1

KPK on Morpho: quick answers

How much does KPK manage on Morpho?

KPK curates 11 vaults listed in the Morpho app, holding $52.17M on 3 networks. The largest is KPK USDC Prime on Ethereum with $26.57M.

What do KPK's Morpho vaults pay?

Weighted by size, its vaults pay 6.90% net APY right now. The best with at least $1M deposited is KPK wARS Yield on Ethereum at 22.55%. Rates change daily with borrowing demand.

What do KPK's vaults lend against?

Mostly loans backed by cbBTC (27%), WBTC (17%) and savUSD (13%), counting money lent directly into markets. Each vault's page shows its own mix.

Which networks does KPK run Morpho vaults on?

Ethereum, Arbitrum and Arc.

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.