Morpho Watch

Clearstar ETH Reactor on Base

A Morpho vault on Base that lends out WETH deposits, curated by Clearstar. Depositors earn 1.68% a year right now after an 8% performance fee.

Data from Morpho's API · updated

Net APY

1.68%

after fees, paid to depositors

30-day APY

2.18%

7-day 1.86%, from the share price

Deposits

$67.9K

33.72 WETH

Withdrawable now

$32.3K

48% of deposits

Performance fee

8%

of the interest earned

Depositors

614

largest holds 27.0%

Open in the Morpho app ↗Earnings calculator

Clearstar ETH Reactor APY history

Net APY earned each day, from the vault's share price: after fees, without token rewards

Deposits over time

Where the money goes

The markets this vault lends to right now, largest first

MarketLentShareSupply APYUtilizationCap
yoETH / WETHLLTV 91.5% $78.0K 96.3% 1.83% 81.7% $6.92M
wsuperOETHb / WETHLLTV 91.5% $2.8K 3.5% 1.92% 89.1% $2.31M
wstETH / WETHLLTV 94.5% $162 0.2% 1.54% 89.8% $11.53M
USDC / WETHLLTV 86% $0 0.0% <0.01% 22.6% $11.53M
weETH / WETHLLTV 94.5% $0 0.0% 1.52% 90.7% $6.92M
cbETH / WETHLLTV 94.5% $0 0.0% 1.57% 89.8% $11.53M
Idle cashnot lent out $0 0.0% – – No limit
wstETH / WETHLLTV 96.5% $0 0.0% 1.58% 89.4% $2.31M
rETH / WETHLLTV 94.5% $0 0.0% 1.48% 89.9% $6.92M
cbBTC / WETHLLTV 91.5% $0 0.0% 1.39% 89.5% $11.53M

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

yoETH93.4%
wstETH3.6%
wsuperOETHb3.0%

Returns over time

Net APY actually earned over each period, from the share price: after fees, without token rewards

Last day1.69%
Last 7 days1.86%
Last 30 days2.18%
Last 90 days1.75%
Last year2.70%

Who controls this vault

CuratorClearstar
Owner0x3098…3458
Guardian0x1bB2…8458
Timelock3 dayswait before risky changes take effect
Allocators0addresses that move money between markets
CreatedAugust 11, 2025

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

Details

Deposit assetWETHprice $2.0K
Vault versionMetaMorpho (V1)
APY before fees1.82%
Public allocatorOnborrowers can pull liquidity between this vault's markets
Vault contract0x0983…1C53
WETH token0x4200…0006
NetworkBase

The curator's description: "The Clearstar ETH Reactor vault optimizes ETH yields with automated rebalancing and a real-time risk engine powered by Hypernative to immedtialy reduce exposure to collaterals that may be at risk of getting exploited. The vault is also expected to benefit from points campaigns and incentives provided by some of the collateral issuers."

Largest depositors

614 addresses hold shares in this vault

AddressDepositShare of vault
0xc418…1B83$18.3K27.0%
0x4E17…8AcD$12.1K17.9%
0xCA02…887D$7.2K10.5%
0x3D6d…5629$6.6K9.8%
0x0e7a…66D2$6.2K9.1%
0xCaCB…7193$4.1K6.0%
0x8B51…a72E$3.4K5.0%
0x7B38…703a$2.8K4.2%
0xB27C…929f$1.6K2.4%
0x285e…eB23$1.3K1.9%

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

About Clearstar ETH Reactor

Clearstar ETH Reactor is a MetaMorpho vault (Morpho V1) on Base, created on August 11, 2025. It takes WETH deposits and lends them to borrowers in 3 Morpho markets. The curator, Clearstar, decides which markets it may use and how much can go into each.

It holds $67.9K (33.72 WETH) from 614 depositors and pays a net APY of 1.68% after its 8% performance fee. Over the last 30 days depositors actually earned 2.18% a year, and 2.70% over the last year.

Its largest position is yoETH / WETH at 96% of its deposits, followed by wsuperOETHb / WETH (3%) and wstETH / WETH (0%). Counting every market, its loans are backed mainly by yoETH (93%), wstETH (4%) and wsuperOETHb (3%). 48% 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. Morpho's app shows no warnings for this vault.

Clearstar ETH Reactor: quick answers

What is the APY of Clearstar ETH Reactor on Base?

Clearstar ETH Reactor pays 1.68% net APY right now, after its fees. Measured from the growth of its share price, it paid 2.18% over the last 30 days. The rate changes every day with what its borrowers pay.

What does Clearstar ETH Reactor lend against?

It lends WETH through 3 Morpho markets. The biggest is yoETH / WETH with 96% of its deposits. Overall its loans are backed mainly by yoETH (93%), wstETH (4%) and wsuperOETHb (3%).

Can I withdraw from Clearstar ETH Reactor right now?

About $32.3K of its $67.9K in deposits (48%) 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 ETH Reactor and what does it charge?

Clearstar curates it. It keeps 8% of the interest earned as a performance fee. The net APY shown is after these fees.

What are the risks of Clearstar ETH Reactor?

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.

Other WETH vaults

The same deposit asset, other curators and networks

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Vault Deposits Net APY 30‑day APY Fee Withdrawable
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