Sentora RLUSD Main on Ethereum
V2A Morpho V2 vault on Ethereum that lends out RLUSD deposits, curated by Sentora. Depositors earn 5.69% a year right now after a 10% performance fee.
Data from Morpho's API · updated
Net APY
5.69%
incl. 2.86% in rewards
30-day APY
3.24%
7-day 2.92%, from the share price
Deposits
$420.4M
420.46M RLUSD
Withdrawable now
$27.89M
7% of deposits
Performance fee
10%
of the interest earned
Depositors
358
largest holds 38.1%
Sentora RLUSD Main 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 |
|---|---|---|
| kBTC / RLUSDLLTV 86% | $259.0M | 59.2% |
| weETH / RLUSDLLTV 86% | $94.63M | 21.6% |
| USDe / RLUSDLLTV 91.5% | $48.90M | 11.2% |
| FXRP / RLUSDLLTV 77% | $9.26M | 2.1% |
| cbBTC / RLUSDLLTV 86% | $3.34M | 0.8% |
| syrupUSDC / RLUSDLLTV 91.5% | $269K | 0.1% |
| Idle cashnot lent out | $22.16M | 5.1% |
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
| kBTC | 65.0% |
|---|---|
| weETH | 21.2% |
| USDe | 10.3% |
| FXRP | 2.9% |
| cbBTC | 0.4% |
| WBTC | 0.1% |
Returns over time
Net APY actually earned over each period, from the share price: after fees, without token rewards
| Last day | 2.82% |
|---|---|
| Last 7 days | 2.92% |
| Last 30 days | 3.24% |
| Last 90 days | 2.95% |
Who controls this vault
| Curator | Sentora |
|---|---|
| Owner | 0xe8C9…80081-of-1 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 | None |
| Allocators | 3addresses that move money between markets |
| Sentinels | 3can pull money back or cut caps in an emergency |
| Created | March 4, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | RLUSDprice $0.9998 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 3.15% |
| Rewards | RLUSD 2.86% |
| Vault contract | 0x6dC5…E6bf |
| RLUSD token | 0x8292…17eD |
| Network | Ethereum |
The curator's description: "Sentora Vault provides superior risk-adjusted returns by lending against top-tier collaterals from Bitcoin wrappers to staked ETH and yield-bearing stablecoin derivatives with strong risk management."
Largest depositors
358 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x2Bf5…F67c | $160.3M | 38.1% |
| 0xB03D…bAbC | $146.7M | 34.9% |
| 0xf0bb…416C | $38.69M | 9.2% |
| 0xE928…9C1d | $11.08M | 2.6% |
| 0x10cE…E46F | $10.01M | 2.4% |
| 0xe7cC…149d | $6.95M | 1.7% |
| 0x768F…6C77 | $4.25M | 1.0% |
| 0x08c6…364C | $3.76M | 0.9% |
| 0xe837…a6d0 | $3.53M | 0.8% |
| 0x5953…80de | $3.09M | 0.7% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Sentora RLUSD Main
Sentora RLUSD Main is a Morpho V2 vault on Ethereum, created on March 4, 2026. It takes RLUSD deposits and lends them to borrowers in 6 Morpho markets. The curator, Sentora, decides which markets it may use and how much can go into each.
It holds $420.4M (420.46M RLUSD) from 358 depositors and pays a net APY of 5.69% after its 10% performance fee. Over the last 30 days depositors actually earned 3.24% a year. About 2.86% of today's rate comes from RLUSD rewards, which can stop at any time.
Its largest position is kBTC / RLUSD at 59% of its deposits, followed by weETH / RLUSD (22%) and USDe / RLUSD (11%). 5% sits idle, not lent out. Counting every market, its loans are backed mainly by kBTC (65%), weETH (21%) and USDe (10%). 7% 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 1-of-1 multisig wallet. Morpho's app shows no warnings for this vault.
Sentora RLUSD Main: quick answers
What is the APY of Sentora RLUSD Main on Ethereum?
Sentora RLUSD Main pays 5.69% net APY right now, after its fees and including 2.86% of rewards. Measured from the growth of its share price, it paid 3.24% over the last 30 days. The rate changes every day with what its borrowers pay.
What does Sentora RLUSD Main lend against?
It lends RLUSD through 6 Morpho markets. The biggest is kBTC / RLUSD with 59% of its deposits. 5% sits idle. Overall its loans are backed mainly by kBTC (65%), weETH (21%) and USDe (10%).
Can I withdraw from Sentora RLUSD Main right now?
About $27.89M of its $420.4M in deposits (7%) 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 RLUSD Main and what does it charge?
Sentora curates it. It keeps 10% of the interest earned as a performance fee. The net APY shown is after these fees.
What are the risks of Sentora RLUSD 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. Adding a market or raising a cap waits behind a timelock of 3 days. This is not advice.
Other RLUSD vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Sentora x Spark RLUSDV2Sentora, SparkDAO · Ethereum · $499.9M | 0.23% |
