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Morpho Watch

Y10k AUSD VaultV2

A Morpho V2 vault on Monad that lends out AUSD deposits, curated by Y10k Capital. Depositors earn 6.72% a year right now after a 10% performance fee.

Data from Morpho's API · updated

Net APY

6.72%

incl. 0.57% in rewards

30-day APY

1.35%

7-day 1.56%

Deposits

$999K

998.75K AUSD

Withdrawable now

$13.4K

1% of deposits

Performance fee

10%

of the interest earned

Depositors

3

largest holds 100.0%

Earnings calculator

Y10k AUSD Vault 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
mROX / AUSDLLTV 86% $999K 100.0% 6.13% 98.7% –
syzUSD / AUSDLLTV 86% · not listed in the Morpho app $1.00 <0.01% 8.65% 99.9% –

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

mROX100.0%
Other<0.01%

Returns over time

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

Last day6.36%
Last 7 days1.56%
Last 30 days1.35%
Since the vault started1.66%

Who controls this vault

CuratorY10k Capital
Owner0x9FD6…303C4-of-6 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 fees3 days
Allocators2addresses that move money between markets
Sentinels1can pull money back or cut caps in an emergency
Pending changes2IncreaseRelativeCap from September 26, 2026; IncreaseAbsoluteCap from September 26, 2026
CreatedSeptember 15, 2026

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

Details

Deposit assetAUSDprice $0.9999
Vault versionMorpho Vault V2
APY before fees6.86%
RewardsWMON 0.57%
Vault contract0xA2fa…19d6
AUSD token0x0000…012a
NetworkMonad

The curator's description: "The Y10k AUSD Vault earns yield by lending AUSD against yield-bearing dollar collateral serving borrowing demand from leveraged yield strategies Managed by Y10k Capital with risk curation by RockawayX"

Largest depositors

3 addresses hold shares in this vault

AddressDepositShare of vault
0xd93e…E5d2$999K100.0%
0x22D4…676A$00.0%
0xFd15…5b62$00.0%

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

About Y10k AUSD Vault

Y10k AUSD Vault is a Morpho V2 vault on Monad, created on September 15, 2026. It takes AUSD deposits and lends them to borrowers in 2 Morpho markets. The curator, Y10k Capital, decides which markets it may use and how much can go into each.

It holds $999K (998.75K AUSD) from 3 depositors and pays a net APY of 6.72% after its 10% performance fee. Over the last 30 days depositors actually earned 1.35% a year. About 0.57% of today's rate comes from WMON rewards, which can stop at any time.

Its largest position is mROX / AUSD at 100% of what it lends, followed by syzUSD / AUSD (<0.01%). Counting every market, its loans are backed mainly by mROX (100%) and Other (<0.01%). 1% 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 4-of-6 multisig wallet. Morpho's app shows no warnings for this vault.

Y10k AUSD Vault: quick answers

What is the APY of Y10k AUSD Vault on Monad?

Y10k AUSD Vault pays 6.72% net APY right now, after its fees and including 0.57% of rewards. Measured from the growth of its share price, it paid 1.35% over the last 30 days. The rate changes every day with what its borrowers pay.

What does Y10k AUSD Vault lend against?

It lends AUSD through 2 Morpho markets. The biggest is mROX / AUSD with 100% of its lending. Overall its loans are backed mainly by mROX (100%) and Other (<0.01%).

Can I withdraw from Y10k AUSD Vault right now?

About $13.4K of its $999K in deposits (1%) 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 Y10k AUSD Vault and what does it charge?

Y10k Capital 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 Y10k AUSD Vault?

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.

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The same deposit asset, other curators and networks

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