Purinta USDC on Ethereum
V2A Morpho V2 vault on Ethereum that lends out USDC deposits, curated by Api3. Depositors earn 13.07% a year right now after a 5% performance fee.
Data from Morpho's API · updated
Net APY
13.07%
after fees, paid to depositors
30-day APY
11.93%
7-day 18.21%, from the share price
Deposits
$24.2K
24.20K USDC
Withdrawable now
$0
0% of deposits
Performance fee
5%
of the interest earned
Depositors
40
largest holds 462.8%
Purinta USDC 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 |
|---|---|---|
| wstETH / USDCLLTV 86% | $79.7K | 66.1% |
| SPX / USDCLLTV 62.5% | $28.7K | 23.9% |
| PEPE / USDCLLTV 62.5% · under $1,000, not tracked here | $11.0K | 9.1% |
| FLOKI / USDCLLTV 62.5% · under $1,000, not tracked here | $752 | 0.6% |
| SHIB / USDCLLTV 62.5% · under $1,000, not tracked here | $293 | 0.2% |
| NPC / USDCLLTV 62.5% · under $1,000, not tracked here | $2.00 | <0.01% |
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
| SPX | 100.0% |
|---|
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 42.78% |
|---|---|
| Last 7 days | 18.21% |
| Last 30 days | 11.93% |
| Last 90 days | 3.54% |
Who controls this vault
| Curator | Api3 |
|---|---|
| Owner | 0xBBE0…13DA3-of-5 multisig |
| 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 | 2addresses that move money between markets |
| Sentinels | 1can 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 | USDCprice $0.9997 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 13.81% |
| Vault contract | 0xc92A…7528 |
| USDC token | 0xA0b8…eB48 |
| Network | Ethereum |
The curator's description: "Lend USDC against the only honest collateral on-chain. Api3 oracles price it. OEV guarantees prompt reliable liquidations. And Api3 backs it with its own capital deposited alongside yours."
Largest depositors
40 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x9781…B470 | $112K | 462.8% |
| 0x6BDc…D57C | $4.5K | 18.4% |
| 0xC5DC…F427 | $3.7K | 15.2% |
| 0x425E…93DF | $236 | 1.0% |
| 0x4f0a…ea06 | $32.00 | 0.1% |
| 0xF4F0…66C2 | $20.00 | 0.1% |
| 0x247d…207B | $16.00 | 0.1% |
| 0x12b3…43b6 | $10.00 | 0.0% |
| 0x5467…45BC | $10.00 | 0.0% |
| 0xcA50…801A | $5.00 | 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 Purinta USDC
Purinta USDC is a Morpho V2 vault on Ethereum, created on May 22, 2026. It takes USDC deposits and lends them to borrowers in 6 Morpho markets. The curator, Api3, decides which markets it may use and how much can go into each.
It holds $24.2K (24.20K USDC) from 40 depositors and pays a net APY of 13.07% after its 5% performance fee. Over the last 30 days depositors actually earned 11.93% a year.
Its largest position is wstETH / USDC at 66% of its deposits, followed by SPX / USDC (24%) and PEPE / USDC (9%). Counting every market, its loans are backed mainly by SPX (100%). 0% 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. The owner is a 3-of-5 multisig wallet. Morpho's app shows no warnings for this vault.
Purinta USDC: quick answers
What is the APY of Purinta USDC on Ethereum?
Purinta USDC pays 13.07% net APY right now, after its fees. Measured from the growth of its share price, it paid 11.93% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Purinta USDC lend against?
It lends USDC through 6 Morpho markets. The biggest is wstETH / USDC with 66% of its deposits. Overall its loans are backed mainly by SPX (100%).
Can I withdraw from Purinta USDC right now?
About $0 of its $24.2K in deposits (0%) 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 Purinta USDC and what does it charge?
Api3 curates it. It keeps 5% of the interest earned as a performance fee. The net APY shown is after these fees.
What are the risks of Purinta USDC?
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.
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