Clearstar Core USDG on Arbitrum
V2A Morpho V2 vault on Arbitrum that lends out USDG deposits, curated by Clearstar. Depositors earn 2.76% a year right now after a 5% performance fee.
Data from Morpho's API · updated
Net APY
2.76%
after fees, paid to depositors
30-day APY
–
the vault is younger than 30 days
Deposits
$1.00
1.00 USDG
Withdrawable now
$1.00
100% of deposits
Performance fee
5%
of the interest earned
Depositors
–
addresses holding shares
Clearstar Core USDG APY history
Net APY earned each day, from the vault's share price: after fees, without token rewards
| Day | Deposits | Net APY |
|---|
Deposits over time
Where the money goes
The markets this vault lends to right now, largest first
| Market | Lent | Share |
|---|---|---|
| syrupUSDG / USDGLLTV 91.5% | $1.00 | 100.0% |
The curator decides which markets the vault may use and how much it may put in each (the cap). Allocators then move money between those markets within the caps. How vaults work.
What the loans are backed by
Share of this vault's lending by the collateral borrowers put up
| syrupUSDG | 100.0% |
|---|
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 3.07% |
|---|---|
| Last 7 days | 3.21% |
Who controls this vault
| Curator | Clearstar |
|---|---|
| Owner | 0xb3CF…2B44 |
| Created | October 26, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | USDGprice $0.9999 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 2.91% |
| Vault contract | 0x2F72…0151 |
| USDG token | 0x004B…9bbC |
| Network | Arbitrum |
About Clearstar Core USDG
Clearstar Core USDG is a Morpho V2 vault on Arbitrum, created on October 26, 2026. It takes USDG deposits and lends them to borrowers in 1 Morpho market. The curator, Clearstar, decides which markets it may use and how much can go into each.
It holds $1.00 (1.00 USDG) and pays a net APY of 2.76% after its 5% performance fee.
Its largest position is syrupUSDG / USDG at 100% of its deposits. Counting every market, its loans are backed mainly by syrupUSDG (100%). 100% of deposits could be withdrawn right now.
Morpho's app shows no warnings for this vault.
Clearstar Core USDG: quick answers
What is the APY of Clearstar Core USDG on Arbitrum?
Clearstar Core USDG pays 2.76% net APY right now, after its fees. The rate changes every day with what its borrowers pay.
What does Clearstar Core USDG lend against?
It lends USDG through 1 Morpho market. The biggest is syrupUSDG / USDG with 100% of its deposits. Overall its loans are backed mainly by syrupUSDG (100%).
Can I withdraw from Clearstar Core USDG right now?
Yes: all of its $1.00 in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed USDG left. That can change quickly when borrowing picks up.
Who runs Clearstar Core USDG and what does it charge?
Clearstar curates it. It keeps 5% of the interest earned as a performance fee. The net APY shown is after these fees.
What are the risks of Clearstar Core USDG?
Like every Morpho vault, it can lose money if a borrower's collateral crashes faster than it can be liquidated, if a price oracle fails, or through a smart contract bug. Withdrawals can wait when its markets are fully borrowed. This is not advice.
Other USDG vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Steakhouse USDGV2⚠ Deposits switched offSteakhouse Financial · Robinhood Chain · $528.1M | 4.64% |
| Steakhouse USDG ProV2Steakhouse Financial · Arbitrum · $80.24M | 7.11%incl. 4.50% rewards |
| Gauntlet USDG PremiumV2Gauntlet · Arbitrum · $57.07M | 7.11%incl. 4.50% rewards |
| Galaxy USDG RH Stock TokensV2Galaxy Curation · Robinhood Chain · $503K | 0.50% |
| Yearn Stonk USDGV2Yearn · Robinhood Chain · $208K | 4.54% |
