EURCV Prime on Ethereum
A Morpho vault on Ethereum that lends out EURCV deposits, curated by MEV Capital. Depositors earn 13.40% a year right now after an 8% performance fee.
Data from Morpho's API · updated
Net APY
13.40%
after fees, paid to depositors
30-day APY
6.36%
7-day 11.26%, from the share price
Deposits
$47.9K
43.32K EURCV
Withdrawable now
$7.2K
15% of deposits
Performance fee
8%
of the interest earned
Depositors
52
largest holds 41.4%
EURCV Prime 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 |
|---|---|---|
| LBTC / EURCVLLTV 86% | $47.0K | 99.5% |
| Idle cashnot lent out | $244 | 0.5% |
| EUTBL / EURCVLLTV 96.5% | $0 | 0.0% |
| WBTC / EURCVLLTV 86% | $0 | 0.0% |
| wstETH / EURCVLLTV 86% | $0 | 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
| LBTC | 100.0% |
|---|
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 13.09% |
|---|---|
| Last 7 days | 11.26% |
| Last 30 days | 6.36% |
| Last 90 days | 6.36% |
| Last year | 3.79% |
Who controls this vault
| Curator | MEV Capital |
|---|---|
| Owner | 0x38af…82DB2-of-5 multisig |
| Guardian | None |
| Timelock | 3 dayswait before risky changes take effect |
| Allocators | 3addresses that move money between markets |
| Created | September 19, 2025 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | EURCVprice $1.1047 |
|---|---|
| Vault version | MetaMorpho (V1) |
| APY before fees | 14.64% |
| Public allocator | Onborrowers can pull liquidity between this vault's markets |
| Vault contract | 0x34eC…Ba43 |
| EURCV token | 0x5F78…5Ff2 |
| Network | Ethereum |
The curator's description: "The MEV Capital EURCV Prime vault aims to optimize Euro-based yields by lending EURCV against listed collateral assets including BTC, wstETH and Euro-denominated RWAs."
Largest depositors
52 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0xde9a…f3d5 | $19.8K | 41.4% |
| 0x383A…1988 | $10.3K | 21.4% |
| 0x2Ce9…9867 | $4.1K | 8.6% |
| 0x1BB1…8A79 | $2.3K | 4.8% |
| 0xfB7D…6Bc3 | $2.3K | 4.8% |
| 0x2a72…Ee1D | $1.2K | 2.5% |
| 0x8654…D955 | $1.1K | 2.3% |
| 0x6619…61bF | $981 | 2.0% |
| 0x60B5…673B | $830 | 1.7% |
| 0xaFD1…2a0A | $703 | 1.5% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About EURCV Prime
EURCV Prime is a MetaMorpho vault (Morpho V1) on Ethereum, created on September 19, 2025. It takes EURCV deposits and lends them to borrowers in 1 Morpho market. The curator, MEV Capital, decides which markets it may use and how much can go into each.
It holds $47.9K (43.32K EURCV) from 52 depositors and pays a net APY of 13.40% after its 8% performance fee. Over the last 30 days depositors actually earned 6.36% a year, and 3.79% over the last year.
Its largest position is LBTC / EURCV at 99% of its deposits. Counting every market, its loans are backed mainly by LBTC (100%). 15% 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 2-of-5 multisig wallet. Morpho's app shows no warnings for this vault.
EURCV Prime: quick answers
What is the APY of EURCV Prime on Ethereum?
EURCV Prime pays 13.40% net APY right now, after its fees. Measured from the growth of its share price, it paid 6.36% over the last 30 days. The rate changes every day with what its borrowers pay.
What does EURCV Prime lend against?
It lends EURCV through 1 Morpho market. The biggest is LBTC / EURCV with 99% of its deposits. Overall its loans are backed mainly by LBTC (100%).
Can I withdraw from EURCV Prime right now?
About $7.2K of its $47.9K in deposits (15%) 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 EURCV Prime and what does it charge?
MEV Capital 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 EURCV 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. Adding a market or raising a cap waits behind a timelock of 3 days. This is not advice.
Other EURCV vaults
The same deposit asset, other curators and networks
