Tempo Earn (OUSD) on Tempo
V2A Morpho V2 vault on Tempo that lends out OUSD deposits, curated by Gauntlet. Depositors earn 3.60% a year right now after a 0% performance fee.
Data from Morpho's API · updated
Net APY
3.60%
incl. 3.60% in rewards
30-day APY
–
the vault is younger than 30 days
Deposits
$200K
200.05K OUSD
Withdrawable now
$200K
100% of deposits
Performance fee
0%
of the interest earned
Depositors
4
largest holds 99.7%
Tempo Earn (OUSD) 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 |
|---|---|---|
| Idle cashnot lent out | $200K | 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.
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% |
Who controls this vault
| Curator | Gauntlet |
|---|---|
| Owner | 0x5a4E…d4D04-of-7 multisig |
| Timelock to raise a cap | 3 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 | 1 day |
| Allocators | 2addresses that move money between markets |
| Sentinels | 2can pull money back or cut caps in an emergency |
| Pending changes | 2IncreaseRelativeCap from October 26, 2026; IncreaseAbsoluteCap from October 26, 2026 |
| Created | October 14, 2026 |
Timelocks give depositors time to leave before a change they dislike takes effect. Morpho risks explained.
Details
| Deposit asset | OUSDprice $1.0022 |
|---|---|
| Vault version | Morpho Vault V2 |
| APY before fees | 0.00% |
| Rewards | OUSD 3.60% |
| Vault contract | 0xb86B…3592 |
| OUSD token | 0x20c0…74BE |
| Network | Tempo |
The curator's description: "The Tempo Earn vault aims to optimize for risk-adjusted yield by allocating across large market cap assets and high liquidity yield sources."
Largest depositors
4 addresses hold shares in this vault
| Address | Deposit | Share of vault |
|---|---|---|
| 0x2352…04cA | $200K | 99.7% |
| 0xCfB7…807A | $10.00 | <0.01% |
| 0x0000…dEaD | $1.00 | <0.01% |
| 0xB47f…0F1F | $1.00 | <0.01% |
When a few addresses hold most of a vault, one large withdrawal can use up the liquidity that is free right now.
About Tempo Earn (OUSD)
Tempo Earn (OUSD) is a Morpho V2 vault on Tempo, created on October 14, 2026. It takes OUSD deposits and lends them to borrowers in 0 Morpho markets. The curator, Gauntlet, decides which markets it may use and how much can go into each.
It holds $200K (200.05K OUSD) from 4 depositors and pays a net APY of 3.60% after its 0% performance fee. About 3.60% of today's rate comes from OUSD rewards, which can stop at any time.
100% sits idle, not lent out. 100% 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 4-of-7 multisig wallet. Morpho's app shows no warnings for this vault.
Tempo Earn (OUSD): quick answers
What is the APY of Tempo Earn (OUSD) on Tempo?
Tempo Earn (OUSD) pays 3.60% net APY right now, after its fees and including 3.60% of rewards. The rate changes every day with what its borrowers pay.
Can I withdraw from Tempo Earn (OUSD) right now?
Yes: all of its $200K in deposits could be withdrawn immediately, because the markets it lends to have enough unborrowed OUSD left. That can change quickly when borrowing picks up.
Who runs Tempo Earn (OUSD) and what does it charge?
Gauntlet 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 Tempo Earn (OUSD)?
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 OUSD vaults
The same deposit asset, other curators and networks
| Vault | Net APY |
|---|---|
| Sentora OUSD MainV2Sentora · Tempo · $45.37M | 3.60%incl. 3.60% rewards |
