Morpho Watch

Clearstar Solana Vault on Base

V2

A Morpho V2 vault on Base that lends out SOL deposits, curated by Clearstar. Depositors earn 7.61% a year right now after a 10% performance fee.

Data from Morpho's API · updated

Net APY

7.61%

incl. 5.00% in rewards

30-day APY

1.27%

7-day 2.08%, from the share price

Deposits

$731K

8.96K SOL

Withdrawable now

$50.7K

7% of deposits

Performance fee

10%

of the interest earned

Depositors

21

largest holds 50.1%

Open in the Morpho app ↗Earnings calculator

Clearstar Solana Vault 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
JitoSOL / SOLLLTV 91.5% $445K 100.0% 2.90% 93.1% –

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

JitoSOL100.0%

Returns over time

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

Last day2.55%
Last 7 days2.08%
Last 30 days1.27%

Who controls this vault

CuratorClearstar
Owner0xb3CF…2B443-of-6 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 feesNone
Allocators1addresses that move money between markets
Sentinels1can pull money back or cut caps in an emergency
CreatedSeptember 1, 2026

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

Details

Deposit assetSOLprice $81.63
Vault versionMorpho Vault V2
APY before fees2.90%
RewardsUSDC 5.00%
Vault contract0xb992…23Ec
SOL token0x3119…cf82
NetworkBase

The curator's description: "The Clearstar Solana Vault lends SOL on Base against the JitoSOL liquid staking token as collateral. It aims to deliver steady SOL-denominated yield with a low to moderate risk profile."

Largest depositors

21 addresses hold shares in this vault

AddressDepositShare of vault
0xdA90…8Ee9$366K50.1%
0x732F…1e84$48.4K6.6%
0xCFF2…c481$11.8K1.6%
0xc24A…3935$9.8K1.3%
0xF37e…bDd2$2.5K0.3%
0x9Bc3…6144$1.7K0.2%
0x95F6…e19f$1.2K0.2%
0x5EC6…82De$1.1K0.2%
0x8e63…2aAE$7340.1%
0x815b…3cBd$5000.1%

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

About Clearstar Solana Vault

Clearstar Solana Vault is a Morpho V2 vault on Base, created on September 1, 2026. It takes SOL 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 $731K (8.96K SOL) from 21 depositors and pays a net APY of 7.61% after its 10% performance fee. Over the last 30 days depositors actually earned 1.27% a year. About 5.00% of today's rate comes from USDC rewards, which can stop at any time.

Its largest position is JitoSOL / SOL at 100% of its deposits. Counting every market, its loans are backed mainly by JitoSOL (100%). 7% 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 Solana Vault: quick answers

What is the APY of Clearstar Solana Vault on Base?

Clearstar Solana Vault pays 7.61% net APY right now, after its fees and including 5.00% of rewards. Measured from the growth of its share price, it paid 1.27% over the last 30 days. The rate changes every day with what its borrowers pay.

What does Clearstar Solana Vault lend against?

It lends SOL through 1 Morpho market. The biggest is JitoSOL / SOL with 100% of its deposits. Overall its loans are backed mainly by JitoSOL (100%).

Can I withdraw from Clearstar Solana Vault right now?

About $50.7K of its $731K in deposits (7%) 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 Solana Vault and what does it charge?

Clearstar 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 Clearstar Solana Vault?

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.