KPK wBRL Yield on Ethereum
V2A Morpho V2 vault on Ethereum that lends out wBRL deposits, curated by KPK. Depositors earn 9.50% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
9.50%
incl. 9.50% in rewards
30-day APY
–
the vault is younger than 30 days
Deposits
$492K
2.75M wBRL
Withdrawable now
$492K
100% of deposits
Performance fee
0%
of the interest earned
Depositors
3
largest holds 38.1%
KPK wBRL Yield 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 |
|---|---|---|
| Idle cashnot lent out | $187K | 100.0% |
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.
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 0.00% |
|---|---|
| Last 7 days | 0.00% |
Who controls this vault
| Curator | KPK |
|---|---|
| Owner | 0x8b88…A5375-of-8 multisig |
| Timelock to raise a cap | 3 dayswait before more can go into a market |
| Timelock to add an adapter | 3 dayswait before a new kind of investment |
| Timelock to raise fees | 14 days |
| Allocators | 4addresses that move money between markets |
| Sentinels | 1can pull money back or cut caps in an emergency |
| Created | October 23, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | wBRLprice $0.1787 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 0.00% |
| Rewards | wBRL 9.50% |
| Vault contract | 0x7873…5aac |
| wBRL token | 0xD76f…90e0 |
| Network | Ethereum |
The curator's description: "A low-risk wBRL vault with 24h automation. Allocations are continuously rebalanced across liquid markets with strict collateral filters to preserve liquidity and mitigate risk."
Largest depositors
3 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x49f4…ebf2 | $187K | 38.1% |
| 0xAF15…9440 | $1.00 | <0.01% |
| 0x0000…dEaD | $0 | 0.0% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About KPK wBRL Yield
KPK wBRL Yield is a Morpho V2 vault on Ethereum, created on October 23, 2026. It takes wBRL deposits and lends them to borrowers in 0 Morpho markets. The curator, KPK, decides which markets it may use and how much can go into each.
It holds $492K (2.75M wBRL) from 3 depositors and pays a net APY of 9.50% after its 0% performance fee. About 9.50% of today's rate comes from wBRL rewards, which can stop at any time.
100% sits idle, not lent out. 100% 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 5-of-8 multisig wallet. Morpho's app shows no warnings for this vault.
KPK wBRL Yield: quick answers
What is the APY of KPK wBRL Yield on Ethereum?
KPK wBRL Yield pays 9.50% net APY right now, after its fees and including 9.50% of rewards. The rate changes every day with what its borrowers pay.
Can I withdraw from KPK wBRL Yield right now?
Yes: all of its $492K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed wBRL left. That can change quickly when borrowing picks up.
Who runs KPK wBRL Yield and what does it charge?
KPK 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 KPK wBRL Yield?
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.
