Bitwise Premium RWA AUSD on Ethereum
V2A Morpho V2 vault on Ethereum that lends out AUSD deposits, curated by Bitwise. Depositors earn 4.36% a year right now after a 0% performance fee and a 0.4% yearly management fee.
Data from Morpho's API · updated
Net APY
4.36%
after fees, paid to depositors
30-day APY
4.27%
7-day 4.25%, from the share price
Deposits
$4.85M
4.85M AUSD
Withdrawable now
$443K
9% of deposits
Performance fee
0%
plus 0.4% a year
Depositors
125
largest holds 47.3%
Bitwise Premium RWA AUSD 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 |
|---|---|---|
| sUSDai / AUSDLLTV 86% | $4.62M | 29.5% |
| PRIME / AUSDLLTV 86% | $3.88M | 24.8% |
| PST / AUSDLLTV 86% | $2.82M | 18.0% |
| Idle cashnot lent out | $4.34M | 27.7% |
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
| PRIME | 34.3% |
|---|---|
| sUSDai | 33.2% |
| PST | 32.5% |
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 4.31% |
|---|---|
| Last 7 days | 4.25% |
| Last 30 days | 4.27% |
Who controls this vault
| Curator | Bitwise |
|---|---|
| Owner | 0x510F…Bd6F |
| Timelock to raise a cap | 7 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 | None |
| Allocators | 1addresses that move money between markets |
| Sentinels | 1can pull money back or cut caps in an emergency |
| Created | August 24, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | AUSDprice $0.9991 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 4.77% |
| Vault contract | 0xB344…c418 |
| AUSD token | 0x0000…012a |
| Network | Ethereum |
The curator's description: "Bitwise Premium RWA PAPY earns yield by lending AUSD deposits against a diversified set of overcollateralized RWAs"
Largest depositors
125 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0xB8B8…8E84 | $2.29M | 47.3% |
| 0x4F87…0545 | $1.97M | 40.7% |
| 0xA354…D805 | $1.57M | 32.4% |
| 0x50Fe…e6B7 | $1.15M | 23.8% |
| 0xdc38…4768 | $1.15M | 23.7% |
| 0x611D…107F | $950K | 19.6% |
| 0x548B…BC57 | $721K | 14.9% |
| 0xc738…5611 | $706K | 14.6% |
| 0xE106…0Be5 | $502K | 10.4% |
| 0x72Ea…6565 | $390K | 8.0% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Bitwise Premium RWA AUSD
Bitwise Premium RWA AUSD is a Morpho V2 vault on Ethereum, created on August 24, 2026. It takes AUSD deposits and lends them to borrowers in 3 Morpho markets. The curator, Bitwise, decides which markets it may use and how much can go into each.
It holds $4.85M (4.85M AUSD) from 125 depositors and pays a net APY of 4.36% after its 0% performance fee and 0.4% yearly management fee. Over the last 30 days depositors actually earned 4.27% a year.
Its largest position is sUSDai / AUSD at 29% of its deposits, followed by PRIME / AUSD (25%) and PST / AUSD (18%). 28% sits idle, not lent out. Counting every market, its loans are backed mainly by PRIME (34%), sUSDai (33%) and PST (33%). 9% of deposits could be withdrawn right now.
Adding a market or raising how much can go into one waits behind a timelock of 7 days, which gives depositors time to leave first. Morpho's app shows no warnings for this vault.
Bitwise Premium RWA AUSD: quick answers
What is the APY of Bitwise Premium RWA AUSD on Ethereum?
Bitwise Premium RWA AUSD pays 4.36% net APY right now, after its fees. Measured from the growth of its share price, it paid 4.27% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Bitwise Premium RWA AUSD lend against?
It lends AUSD through 3 Morpho markets. The biggest is sUSDai / AUSD with 29% of its deposits. 28% sits idle. Overall its loans are backed mainly by PRIME (34%), sUSDai (33%) and PST (33%).
Can I withdraw from Bitwise Premium RWA AUSD right now?
About $443K of its $4.85M in deposits (9%) 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 Bitwise Premium RWA AUSD and what does it charge?
Bitwise curates it. It keeps 0% of the interest earned as a performance fee and charges 0.4% a year as a management fee. The net APY shown is after these fees.
What are the risks of Bitwise Premium RWA AUSD?
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 7 days. This is not advice.
Other AUSD vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| SharpByte AUSD Tori EcosystemV2SharpByte · Monad · $6.21M | 7.02%incl. 2.45% rewards |
| Y10k AUSD VaultV2RockawayX, Y10k Capital · Monad · $5.80M | 6.14%incl. 1.48% rewards |
| RockawayX infiniFi AUSDV2RockawayX · Monad · $4.64M | 6.99%incl. 1.35% rewards |
| Clearstar Accountable AUSDV2Clearstar · Monad · $2.82M | 6.44% |
| Flowdesk AUSD RWA StrategyV2Flowdesk · Ethereum · $2.46M | 5.30% |
| Steakhouse High Yield InstantV2Steakhouse Financial · Ethereum · $775K | 4.05% |
| SharpByte AUSD mROXV2SharpByte · Monad · $503K | 1.50%incl. 1.50% rewards |
