Clearstar Core ETH on Base
V2A Morpho V2 vault on Base that lends out WETH deposits, curated by Clearstar. Depositors earn 1.57% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
1.57%
after fees, paid to depositors
30-day APY
1.61%
7-day 1.61%, from the share price
Deposits
$3.32M
1.65K WETH
Withdrawable now
$749K
23% of deposits
Performance fee
0%
of the interest earned
Depositors
845
largest holds 24.0%
Clearstar Core ETH 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 |
|---|---|---|
| cbETH / WETHLLTV 94.5% | $5.72M | 94.2% |
| wstETH / WETHLLTV 94.5% | $122K | 2.0% |
| cbBTC / WETHLLTV 91.5% | $116K | 1.9% |
| yoETH / WETHLLTV 91.5% | $70.5K | 1.2% |
| wsuperOETHb / WETHLLTV 91.5% | $33.8K | 0.6% |
| wstETH / WETHLLTV 96.5% | $11.6K | 0.2% |
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 | 95.5% |
|---|---|
| cbBTC | 2.7% |
| wsuperOETHb | 0.9% |
| yoETH | 0.8% |
| wstETH | 0.1% |
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 1.59% |
|---|---|
| Last 7 days | 1.61% |
| Last 30 days | 1.61% |
| Last 90 days | 1.51% |
Who controls this vault
| Curator | Clearstar |
|---|---|
| Owner | 0xb3CF…2B443-of-6 multisig |
| Timelock to raise a cap | 3 dayswait before more can go into a market |
| Timelock to add an adapter | 3 dayswait before a new kind of investment |
| Timelock to raise fees | None |
| Allocators | 2addresses that move money between markets |
| Sentinels | 1can pull money back or cut caps in an emergency |
| Created | January 22, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | WETHprice $2.0K |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 1.57% |
| Vault contract | 0xBCA4…71da |
| WETH token | 0x4200…0006 |
| Network | Base |
The curator's description: "The Clearstar ETH Reactor vault optimizes ETH yields with automated rebalancing and a real-time risk engine."
Largest depositors
845 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x5504…1581 | $797K | 24.0% |
| 0xCE4B…72d3 | $471K | 14.2% |
| 0x4C1A…9D0f | $442K | 13.3% |
| 0x0DFf…D8B2 | $224K | 6.7% |
| 0x36c9…5675 | $209K | 6.3% |
| 0x0080…9156 | $204K | 6.1% |
| 0x843e…0639 | $180K | 5.4% |
| 0x0E3f…8427 | $171K | 5.1% |
| 0x5568…9044 | $130K | 3.9% |
| 0x8a64…60B3 | $118K | 3.6% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Clearstar Core ETH
Clearstar Core ETH is a Morpho V2 vault on Base, created on January 22, 2026. It takes WETH deposits and lends them to borrowers in 6 Morpho markets. The curator, Clearstar, decides which markets it may use and how much can go into each.
It holds $3.32M (1.65K WETH) from 845 depositors and pays a net APY of 1.57% after its 0% performance fee. Over the last 30 days depositors actually earned 1.61% a year.
Its largest position is cbETH / WETH at 94% of its deposits, followed by wstETH / WETH (2%) and cbBTC / WETH (2%). Counting every market, its loans are backed mainly by cbETH (95%) and cbBTC (3%). 23% of deposits could be withdrawn right now.
Adding a market or raising how much can go into one waits behind a timelock of 3 days, which gives depositors time to leave first. The owner is a 3-of-6 multisig wallet. Morpho's app shows no warnings for this vault.
Clearstar Core ETH: quick answers
What is the APY of Clearstar Core ETH on Base?
Clearstar Core ETH pays 1.57% net APY right now, after its fees. Measured from the growth of its share price, it paid 1.61% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Clearstar Core ETH lend against?
It lends WETH through 6 Morpho markets. The biggest is cbETH / WETH with 94% of its deposits. Overall its loans are backed mainly by cbETH (95%) and cbBTC (3%).
Can I withdraw from Clearstar Core ETH right now?
About $749K of its $3.32M in deposits (23%) 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 Clearstar Core ETH and what does it charge?
Clearstar 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 Clearstar Core ETH?
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. Adding a market or raising a cap waits behind a timelock of 3 days. This is not advice.
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