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Morpho Watch

KPK wARS YieldV2

A Morpho V2 vault on Arc that lends out wARS deposits, curated by KPK. Depositors earn 24.50% a year right now after a 0% performance fee.

Data from Morpho's API · updated

Net APY

24.50%

incl. 24.50% in rewards

30-day APY

0.00%

7-day 0.00%

Deposits

$6.00

9.00K wARS

Withdrawable now

$6.00

100% of deposits

Performance fee

0%

of the interest earned

Depositors

2

largest holds 100.0%

Earnings calculator

KPK wARS Yield APY history

Net APY earned each day, measured from the vault's share price

Deposits over time

Where the money goes

The markets this vault lends to right now, largest first

MarketLentShareSupply APYUtilizationCap
This vault is not lending anything right now.

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.

Who controls this vault

CuratorKPK
Owner0x8b88…A5375-of-8 multisig
Timelock to raise a cap3 dayswait before more can go into a market
Timelock to add an adapter3 dayswait before a new kind of investment
Timelock to raise fees14 days
Allocators4addresses that move money between markets
Sentinels1can pull money back or cut caps in an emergency
CreatedSeptember 14, 2026

Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.

Details

Deposit assetwARSprice $0.0006
Vault versionMorpho Vault V2
APY before fees0.00%
RewardswARS 24.50%
Vault contract0xF094…0ba5
wARS token0x0DC4…D90D
NetworkArc

The curator's description: "A low-risk wARS vault with 24h automation. Allocations are continuously rebalanced across liquid markets with strict collateral filters to preserve liquidity and mitigate risk."

Largest depositors

2 addresses hold shares in this vault

AddressDepositShare of vault
0xAF15…9440$6.00100.0%
0x0000…dEaD$00.0%

When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.

About KPK wARS Yield

KPK wARS Yield is a Morpho V2 vault on Arc, created on September 14, 2026. It takes wARS deposits and lends them to borrowers in 0 Morpho markets. The curator, KPK, decides which markets it may use and how much can go into each.

It holds $6.00 (9.00K wARS) from 2 depositors and pays a net APY of 24.50% after its 0% performance fee. Over the last 30 days depositors actually earned 0.00% a year. About 24.50% of today's rate comes from wARS rewards, which can stop at any time.

Risky changes, such as adding a market, wait behind a 3-day timelock on raising caps, which gives depositors time to leave first. The owner is a 5-of-8 multisig wallet. Morpho's app shows no warnings for this vault.

KPK wARS Yield: quick answers

What is the APY of KPK wARS Yield on Arc?

KPK wARS Yield pays 24.50% net APY right now, after its fees and including 24.50% of rewards. Measured from the growth of its share price, it paid 0.00% over the last 30 days. The rate changes every day with what its borrowers pay.

Can I withdraw from KPK wARS Yield right now?

Yes: all of its $6.00 in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed wARS left. That can change quickly when borrowing picks up.

Who runs KPK wARS Yield and what does it charge?

KPK curates it. It keeps 0% of the interest earned as a performance fee. The net APY shown is after these fees.

What are the risks of KPK wARS Yield?

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. Changes to it wait behind a 3-day timelock on raising caps. This is not advice.

Other wARS vaults

The same deposit asset, other curators and networks

All wARS options →
Vault Deposits Net APY 30-day APY Fee Withdrawable
KPK wARS YieldV2KPK · Ethereum · $5.91M $5.91M9.48B wARS 22.55%incl. 22.15% rewards 0.31% 0% $5.78M