Apostro VNX Swiss Franc VCHF
A Morpho vault on Base that lends out VCHF deposits, curated by Apostro. Depositors earn 0.49% a year right now after a 10% performance fee.
Data from Morpho's API · updated
Net APY
0.49%
after fees, paid to depositors
30-day APY
0.19%
7-day 0.27%
Deposits
$246K
200.38K VCHF
Withdrawable now
$10.3K
4% of deposits
Performance fee
10%
of the interest earned
Depositors
18
largest holds 100.2%
Apostro VNX Swiss Franc VCHF APY history
Net APY earned each day, measured from the vault's share price
| Day | Deposits | Net APY |
|---|
Deposits over time
Where the money goes
The markets this vault lends to right now, largest first
| Market | Lent | Share |
|---|---|---|
| cbETH / VCHFLLTV 77% | $217K | 88.0% |
| cbBTC / VCHFLLTV 77% | $22.8K | 9.2% |
| Idle cashnot lent out | $6.9K | 2.8% |
| WETH / VCHFLLTV 77% · not listed in the Morpho app | $0 | 0.0% |
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
| cbETH | 88.0% |
|---|---|
| cbBTC | 9.2% |
| Other | 2.8% |
Returns over time
Net APY actually earned over each period, from the share price
| Last day | 0.47% |
|---|---|
| Last 7 days | 0.27% |
| Last 30 days | 0.19% |
| Last year | 0.49% |
| Since the vault started | 0.16% |
Who controls this vault
| Curator | Apostro |
|---|---|
| Owner | 0xf726…58c62-of-3 multisig |
| Guardian | None |
| Timelock | 3 dayswait before risky changes take effect |
| Allocators | 3addresses that move money between markets |
| Created | October 8, 2025 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | VCHFprice $1.2290 |
|---|---|
| Vault version | MetaMorpho (V1) |
| APY before fees | 0.55% |
| Public allocator | Onborrowers can pull liquidity between this vault's markets |
| Vault contract | 0x6e6f…9B5C |
| VCHF token | 0x1fcA…d5D8 |
| Network | Base |
The curator's description: "The first CHF vault on Morpho. Earn stable yield by lending VCHF by VNX. The yield is generated from loans backed by blue-chip collateral."
Largest depositors
18 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x2d1D…2A69 | $247K | 100.2% |
| 0xf726…58c6 | $33.00 | 0.0% |
| 0x4985…2b2b | $30.00 | 0.0% |
| 0xA7c0…3aE4 | $19.00 | <0.01% |
| 0x22B1…5D74 | $10.00 | <0.01% |
| 0x583f…e2e9 | $4.00 | <0.01% |
| 0x8d8b…2EF0 | $4.00 | <0.01% |
| 0x6bD2…6d95 | $1.00 | <0.01% |
| 0x4ecA…Feb9 | $0 | 0.0% |
| 0x482a…8453 | $0 | 0.0% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Apostro VNX Swiss Franc VCHF
Apostro VNX Swiss Franc VCHF is a MetaMorpho vault (Morpho V1) on Base, created on October 8, 2025. It takes VCHF deposits and lends them to borrowers in 2 Morpho markets. The curator, Apostro, decides which markets it may use and how much can go into each.
It holds $246K (200.38K VCHF) from 18 depositors and pays a net APY of 0.49% after its 10% performance fee. Over the last 30 days depositors actually earned 0.19% a year, and 0.49% over the last year.
Its largest position is cbETH / VCHF at 88% of what it lends, followed by cbBTC / VCHF (9%). Counting every market, its loans are backed mainly by cbETH (88%), cbBTC (9%) and Other (3%). 4% of deposits could be withdrawn right now.
Risky changes, such as adding a market, wait behind a 3-day timelock, which gives depositors time to leave first. The owner is a 2-of-3 multisig wallet. Morpho's app shows no warnings for this vault.
Apostro VNX Swiss Franc VCHF: quick answers
What is the APY of Apostro VNX Swiss Franc VCHF on Base?
Apostro VNX Swiss Franc VCHF pays 0.49% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.19% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Apostro VNX Swiss Franc VCHF lend against?
It lends VCHF through 2 Morpho markets. The biggest is cbETH / VCHF with 88% of its lending. Overall its loans are backed mainly by cbETH (88%), cbBTC (9%) and Other (3%).
Can I withdraw from Apostro VNX Swiss Franc VCHF right now?
About $10.3K of its $246K in deposits (4%) could be withdrawn immediately. The rest is lent out and frees up as borrowers repay or as higher rates bring in new lenders.
Who runs Apostro VNX Swiss Franc VCHF and what does it charge?
Apostro curates it. It keeps 10% of the interest earned as a performance fee. The net APY shown is after these fees.
What are the risks of Apostro VNX Swiss Franc VCHF?
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. This is not advice.
