Juno MXNB PrimeV2
A Morpho V2 vault on Base that lends out MXNB deposits, curated by Gauntlet. Depositors earn 8.00% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
8.00%
incl. 3.29% in rewards
30-day APY
4.62%
7-day 4.68%
Deposits
$210K
3.72M MXNB
Withdrawable now
$28.6K
14% of deposits
Performance fee
0%
of the interest earned
Depositors
44
largest holds 46.9%
Juno MXNB Prime 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 |
|---|---|---|
| USDC / MXNBLLTV 91.5% | $181K | 100.0% |
| bitusdcp / MXNBLLTV 91.5% · not listed in the Morpho app | $40.00 | 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
| USDC | 100.0% |
|---|---|
| Other | 0.0% |
Returns over time
Net APY actually earned over each period, from the share price
| Last day | 8.00% |
|---|---|
| Last 7 days | 4.68% |
| Last 30 days | 4.62% |
| Since the vault started | 668.40% |
Who controls this vault
| Curator | Gauntlet |
|---|---|
| Owner | 0xCe3b…7F30 |
| Timelock to raise a cap | 3 dayswait before more can go into a market |
| Timelock to add an adapter | 7 dayswait before a new kind of investment |
| Timelock to raise fees | 1 day |
| Allocators | 2addresses that move money between markets |
| Sentinels | 3can pull money back or cut caps in an emergency |
| Created | May 22, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | MXNBprice $0.0564 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 4.71% |
| Rewards | MXNB 3.29% |
| Vault contract | 0x08cc…ed58 |
| MXNB token | 0xF197…80aA |
| Network | Base |
The curator's description: "The Juno MXNB Prime vault targets risk-adjusted peso yield by allocating MXNB across large-cap high-liquidity sources. It follows Gauntlets conservative Prime framework for low-risk competitive APYs."
Largest depositors
44 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0xbDE2…2d7a | $98.5K | 46.9% |
| 0xc2d7…d9e4 | $97.4K | 46.4% |
| 0x7ef6…3D99 | $4.8K | 2.3% |
| 0x8959…2FA7 | $4.1K | 2.0% |
| 0x9C84…3F27 | $1.6K | 0.7% |
| 0x9C7A…4870 | $811 | 0.4% |
| 0x1DDD…b5d9 | $568 | 0.3% |
| 0x74eE…1f71 | $539 | 0.3% |
| 0x7E3A…84a4 | $426 | 0.2% |
| 0x80ca…f79d | $318 | 0.2% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Juno MXNB Prime
Juno MXNB Prime is a Morpho V2 vault on Base, created on May 22, 2026. It takes MXNB deposits and lends them to borrowers in 2 Morpho markets. The curator, Gauntlet, decides which markets it may use and how much can go into each.
It holds $210K (3.72M MXNB) from 44 depositors and pays a net APY of 8.00% after its 0% performance fee. Over the last 30 days depositors actually earned 4.62% a year. About 3.29% of today's rate comes from MXNB rewards, which can stop at any time.
Its largest position is USDC / MXNB at 100% of what it lends, followed by bitusdcp / MXNB (0%). Counting every market, its loans are backed mainly by USDC (100%) and Other (0%). 14% of deposits could be withdrawn right now.
Risky changes, such as adding a market, wait behind a 3-day timelock on raising caps, which gives depositors time to leave first. Morpho's app shows no warnings for this vault.
Juno MXNB Prime: quick answers
What is the APY of Juno MXNB Prime on Base?
Juno MXNB Prime pays 8.00% net APY right now, after its fees and including 3.29% of rewards. Measured from the growth of its share price, it paid 4.62% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Juno MXNB Prime lend against?
It lends MXNB through 2 Morpho markets. The biggest is USDC / MXNB with 100% of its lending. Overall its loans are backed mainly by USDC (100%) and Other (0%).
Can I withdraw from Juno MXNB Prime right now?
About $28.6K of its $210K in deposits (14%) 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 Juno MXNB Prime and what does it charge?
Gauntlet 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 Juno MXNB Prime?
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.
