Morpho Watch

Purinta USDG on Robinhood Chain

V2

A Morpho V2 vault on Robinhood Chain that lends out USDG deposits, curated by Api3. Depositors earn 6.65% a year right now after a 5% performance fee.

Data from Morpho's API · updated

Net APY

6.65%

after fees, paid to depositors

30-day APY

5.84%

7-day 5.71%, from the share price

Deposits

$68.7K

68.69K USDG

Withdrawable now

$52.5K

76% of deposits

Performance fee

5%

of the interest earned

Depositors

142

largest holds 73.5%

Earnings calculator

Purinta USDG APY history

Net APY earned each day, from the vault's share price: after fees, without token rewards

Deposits over time

Where the money goes

The markets this vault lends to right now, largest first

MarketLentShareSupply APYUtilizationCap
USDe / USDGLLTV 91.5% $47.6K 74.6% 5.07% 90.8% –
PONS / USDGLLTV 62.5% $9.6K 15.1% 13.60% 91.1% –
AI / USDGLLTV 62.5% $5.4K 8.4% 13.53% 90.6% –
CASHCAT / USDGLLTV 62.5% · under $1,000, not tracked here $1.2K 1.9% 8.47% 90.0% –

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

USDe76.4%
PONS11.5%
AI11.0%
Small or unlisted markets1.1%

Returns over time

Net APY actually earned over each period, from the share price: after fees, without token rewards

Last day6.00%
Last 7 days5.71%
Last 30 days5.84%
Last 90 days2.79%

Who controls this vault

CuratorApi3
Owner0x82B4…98A43-of-5 multisig
Timelock to raise a cap7 dayswait before more can go into a market
Timelock to add an adapter7 dayswait before a new kind of investment
Timelock to raise feesNone
Allocators2addresses that move money between markets
Sentinels1can pull money back or cut caps in an emergency
CreatedJuly 8, 2026

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

Details

Deposit assetUSDGprice $0.9999
Vault versionMorpho Vault V2
APY before fees7.02%
Vault contract0x3778…d0A8
USDG token0x5fc5…d168
NetworkRobinhood Chain

The curator's description: "Lend USDG 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

142 addresses hold shares in this vault

AddressDepositShare of vault
0x82B4…98A4$50.5K73.5%
0x46D6…C815$5.1K7.4%
0x604f…08F1$2.0K2.9%
0xdB6f…cFDc$1.4K2.1%
0xa3b4…688f$1.0K1.5%
0x6659…Af4e$1.0K1.5%
0xE4C3…c60f$1.0K1.5%
0x78F6…6D47$2010.3%
0xF2F5…a944$1850.3%
0x0045…71f6$1500.2%

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

About Purinta USDG

Purinta USDG is a Morpho V2 vault on Robinhood Chain, created on July 8, 2026. It takes USDG deposits and lends them to borrowers in 4 Morpho markets. The curator, Api3, decides which markets it may use and how much can go into each.

It holds $68.7K (68.69K USDG) from 142 depositors and pays a net APY of 6.65% after its 5% performance fee. Over the last 30 days depositors actually earned 5.84% a year.

Its largest position is USDe / USDG at 75% of its deposits, followed by PONS / USDG (15%) and AI / USDG (8%). Counting every market, its loans are backed mainly by USDe (76%), PONS (12%) and AI (11%). 76% 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 USDG: quick answers

What is the APY of Purinta USDG on Robinhood Chain?

Purinta USDG pays 6.65% net APY right now, after its fees. Measured from the growth of its share price, it paid 5.84% over the last 30 days. The rate changes every day with what its borrowers pay.

What does Purinta USDG lend against?

It lends USDG through 4 Morpho markets. The biggest is USDe / USDG with 75% of its deposits. Overall its loans are backed mainly by USDe (76%), PONS (12%) and AI (11%).

Can I withdraw from Purinta USDG right now?

About $52.5K of its $68.7K in deposits (76%) 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 USDG 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 USDG?

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 USDG vaults

The same deposit asset, other curators and networks

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Vault Deposits Net APY 30‑day APY Fee Withdrawable
Steakhouse USDGV2⚠ Deposits switched offSteakhouse Financial · Robinhood Chain · $528.1M $528.1M528.11M USDG 4.64% 4.07% 0% $50.90M
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