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Morpho Watch

Sentora PRIME MainV2

A Morpho V2 vault on Ethereum that lends out PYUSD deposits, curated by Sentora. Depositors earn 5.86% a year right now after a 15% performance fee.

Data from Morpho's API · updated

Net APY

5.86%

incl. 2.55% in rewards

30-day APY

3.59%

7-day 3.46%

Deposits

$212.4M

212.46M PYUSD

Withdrawable now

$4.26M

2% of deposits

Performance fee

15%

of the interest earned

Depositors

118

largest holds 31.3%

Open in the Morpho app ↗Earnings calculator

Sentora PRIME Main APY history

Net APY earned each day, measured from the vault's share price

Deposits over time

Where the money goes

The markets this vault lends to right now, largest first

MarketLentShareSupply APYUtilizationCap
PRIME / PYUSDLLTV 86% $208.2M 100.0% 3.99% 86.9% –

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

PRIME100.0%

Returns over time

Net APY actually earned over each period, from the share price

Last day6.19%
Last 7 days3.46%
Last 30 days3.59%
Since the vault started525.92%

Who controls this vault

CuratorSentora
Owner0xe8C9…80081-of-1 multisig
Timelock to raise a cap3 dayswait before more can go into a market
Timelock to add an adapter3 dayswait before a new kind of investment
Timelock to raise feesNone
Allocators2addresses that move money between markets
Sentinels2can pull money back or cut caps in an emergency
CreatedMay 8, 2026

Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.

Details

Deposit assetPYUSDprice $0.9999
Vault versionMorpho Vault V2
APY before fees3.91%
RewardsPYUSD 2.55%
Vault contract0xC21b…8BbD
PYUSD token0x6c3e…A0e8
NetworkEthereum

The curator's description: "Sentora PRIME Main allows users to earn risk-adjusted returns by lending against PRIME"

Largest depositors

118 addresses hold shares in this vault

AddressDepositShare of vault
0x078f…4cbc$66.45M31.3%
0xf0bb…416C$49.15M23.1%
0x08c6…364C$29.24M13.8%
0xfD58…EFdc$17.70M8.3%
0x38Ae…16be$13.41M6.3%
0x9B03…aF43$11.61M5.5%
0xF0b7…371a$7.51M3.5%
0x289C…671c$3.97M1.9%
0xFB2c…3b0c$2.38M1.1%
0xD04a…CbE1$1.60M0.8%

When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.

About Sentora PRIME Main

Sentora PRIME Main is a Morpho V2 vault on Ethereum, created on May 8, 2026. It takes PYUSD deposits and lends them to borrowers in 1 Morpho market. The curator, Sentora, decides which markets it may use and how much can go into each.

It holds $212.4M (212.46M PYUSD) from 118 depositors and pays a net APY of 5.86% after its 15% performance fee. Over the last 30 days depositors actually earned 3.59% a year. About 2.55% of today's rate comes from PYUSD rewards, which can stop at any time.

Its largest position is PRIME / PYUSD at 100% of what it lends. Counting every market, its loans are backed mainly by PRIME (100%). 2% 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. The owner is a 1-of-1 multisig wallet. Morpho's app shows no warnings for this vault.

Sentora PRIME Main: quick answers

What is the APY of Sentora PRIME Main on Ethereum?

Sentora PRIME Main pays 5.86% net APY right now, after its fees and including 2.55% of rewards. Measured from the growth of its share price, it paid 3.59% over the last 30 days. The rate changes every day with what its borrowers pay.

What does Sentora PRIME Main lend against?

It lends PYUSD through 1 Morpho market. The biggest is PRIME / PYUSD with 100% of its lending. Overall its loans are backed mainly by PRIME (100%).

Can I withdraw from Sentora PRIME Main right now?

About $4.26M of its $212.4M in deposits (2%) 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 Sentora PRIME Main and what does it charge?

Sentora curates it. It keeps 15% of the interest earned as a performance fee. The net APY shown is after these fees.

What are the risks of Sentora PRIME Main?

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.

Other PYUSD vaults

The same deposit asset, other curators and networks

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Paypal USD MainV2Sentora · Ethereum · $423.7M $423.7M423.77M PYUSD 7.03%incl. 2.86% rewards 2.76% 0%+1.0% a year $21.31M
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