UltraYield cbBTC Core on Ethereum
V2A Morpho V2 vault on Ethereum that lends out cbBTC deposits, curated by UltraYield. Depositors earn 0.00% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
0.00%
after fees, paid to depositors
30-day APY
0.00%
7-day 0.00%, from the share price
Deposits
$718
0.01 cbBTC
Withdrawable now
$718
100% of deposits
Performance fee
0%
of the interest earned
Depositors
1
largest holds 112.7%
UltraYield cbBTC Core 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 |
|---|---|---|
| Ultra_BTC / cbBTCLLTV 91.5% · under $1,000, not tracked here | $808 | 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.
What the loans are backed by
Share of this vault's lending by the collateral borrowers put up
| Small or unlisted markets | 100.0% |
|---|
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% |
| Last 30 days | 0.00% |
| Last 90 days | 0.00% |
Who controls this vault
| Curator | UltraYield |
|---|---|
| Owner | 0x1280…594a1-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 | 1addresses that move money between markets |
| Sentinels | 1can pull money back or cut caps in an emergency |
| Created | June 23, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | cbBTCprice $71.8K |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 0.00% |
| Vault contract | 0xcbaD…4Fe7 |
| cbBTC token | 0xcbB7…33Bf |
| Network | Ethereum |
The curator's description: "The UltraYield cbBTC Core vault curated by the UltraYield team provides diversified exposure to various Morpho markets by lending cbBTC to achieve an optimized risk-adjusted return"
Largest depositors
1 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x0000…dEaD | $809 | 112.7% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About UltraYield cbBTC Core
UltraYield cbBTC Core is a Morpho V2 vault on Ethereum, created on June 23, 2026. It takes cbBTC deposits and lends them to borrowers in 1 Morpho market. The curator, UltraYield, decides which markets it may use and how much can go into each.
It holds $718 (0.01 cbBTC) from 1 depositors and pays a net APY of 0.00% after its 0% performance fee. Over the last 30 days depositors actually earned 0.00% a year.
Its largest position is Ultra_BTC / cbBTC at 100% of its deposits. Counting every market, its loans are backed mainly by Small or unlisted markets (100%). 100% 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 1-of-5 multisig wallet. Morpho's app shows no warnings for this vault.
UltraYield cbBTC Core: quick answers
What is the APY of UltraYield cbBTC Core on Ethereum?
UltraYield cbBTC Core pays 0.00% net APY right now, after its fees. Measured from the growth of its share price, it paid 0.00% over the last 30 days. The rate changes every day with what its borrowers pay.
What does UltraYield cbBTC Core lend against?
It lends cbBTC through 1 Morpho market. The biggest is Ultra_BTC / cbBTC with 100% of its deposits. Overall its loans are backed mainly by Small or unlisted markets (100%).
Can I withdraw from UltraYield cbBTC Core right now?
Yes: all of its $718 in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed cbBTC left. That can change quickly when borrowing picks up.
Who runs UltraYield cbBTC Core and what does it charge?
UltraYield 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 UltraYield cbBTC Core?
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.
Other cbBTC vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Hyperithm cbBTC ApexV2Hyperithm · Monad · $4.02M | 2.81% |
| Moonwell Frontier cbBTCAnthias Labs · Base · $1.02M | 0.15%incl. 0.13% rewards |
| Moonwell Frontier cbBTCV2Anthias Labs · Base · $372K | 0.15%incl. 0.13% rewards |
| Gauntlet cbBTC CoreGauntlet · Base · $299K | 0.19% |
