Benchmark/Ethereum/Yearn USDT

Vault tear-sheet

Yearn USDT

Morpho · Ethereum · Curated by Yearn · USDT

4 passed · 0 failed · 1 not checked

Checks at $25,000, an example size

Open on Morpho ▸

Key metrics

APY now

5.9%6-hour average

+2.40pp vs its 30-day mean to 7 Nov

Performance fee

management 0%

TVL

$5.4M

as of 7 Nov 14:04 UTC

daily: +40.43% vs 6 Nov, at 00:00 UTC

Dollars free to leave

$5.4Mmeasured

100% of TVL, read 14:05 UTC

$890.1K on its worst day in 20 of the last 90

Read November 7, 2026, 14:04 UTC from Morpho; rate: Morpho API, six-hour average net APY without rewards. APY now is Morpho's six-hour average, after fees and without reward tokens; Morpho publishes no averaged gross rate, so no gross figure is set beside it. Performance fee: read on chain at block 26359254 (1e18 = 100% of interest (Morpho V1)); the Morpho API in the benchmark of 7 Nov 2026 reads 5.0%.

Checks

Your size$25,000Example size

TVL against its 14-day high

Today's TVL against the highest daily TVL of the last 14 days measured

Fails above a 92.7% drop. Its own 99th percentile, 155 days.

TVL off 4.7% from 14-day highdaily TVL to 7 Nov 00:00 UTC

Pass

Rate spike while TVL falls

Today's APY against its own range; a fail needs the TVL check to fail too measured

A spike is above 7.16%. Its own 99th percentile, 90 days.

Rate 5.70%, under its 7.16% 99th percentiledaily APY to 7 Nov 00:00 UTC

Pass

Your size against the vault

Your size at most 1% of the vault's TVL stated default

A fixed bound, 1% of the vault, since the size effect is not priced here.

$25K is 0.46% of this vaultTVL as of 7 Nov 14:04 UTCLive 6 months

Passat $25,000

Exit at your size

Your size against the dollars free to leave now, and on its worst day in 20 of the last 90 where 75 days count. Passes only when each covers your size. measured

$25K against $5.4M free to leave now$890.1K on its worst day in 20 of the last 90Now: 7 Nov 14:05 UTC

Passat $25,000

Collateral class

The class of every collateral the vault holds, looked through

Collateral not classed

Not checked

Checked November 7, 2026, 14:33 UTC, on the data read November 7, 2026, 14:04 UTC. A check with a missing or stale input is not checked, never passed; what does not apply is left out of the count.

How these are checked

TVL against its 14-day high. Today's TVL against the highest daily TVL of the 14 days ending today (12 of 14 read). Fails when the drop is above its own 99th percentile of daily drops over the past year (90 read at least) or above a floor set from every vault in this benchmark, whichever is higher; with less history, above 20%, a stated default.

Rate spike while TVL falls. Today's daily APY against its own 99th percentile of the 90 days before today (75 read); with less history, its 30-day mean plus 2 standard deviations (25 of 30 read), a stated default. Fails only when that spike comes with a fail on TVL against its 14-day high.

Your size against the vault. The size you set ($25K as an example) at most 1% of the vault's TVL: a fixed bound, because the size effect is not priced on this page. The vault's age is printed beside it.

Exit at your size. The size you set against the dollars free to leave the vault now and, where 75 of the last 90 days count, its worst day in 20 of them; it passes only when each covers your size. A day counts when its figure was read and the vault held at least your size; with fewer, today's read decides alone, tagged one read. A forced exit pulls money from the vault's other markets at the penalty the vault sets, if any, and never counts as a pass. Not checked where that figure is not read.

Collateral class. The class of every collateral the vault holds, looked through. Not checked where its collateral is not classed; a vault that holds only its deposit asset does not apply.

A measured threshold comes from this vault's own daily series. A stated default is a bound Priime sets until that series is long enough, or where nothing is priced.

Performance

APY, 30 days5.70%

daily, last point 7 Nov 00:00 UTC

TVL, 30 days$5.4M

daily, last point 7 Nov 00:00 UTC

One point per UTC day, the last reading of the day, as the source serves it: daily APY realized by the share price, without rewards where the source separates them, and TVL in dollars. Nothing is capped or smoothed. A day the source does not serve, or a reading beyond 200% that is a feed error, is left out and breaks the line.

Who can change it

Dependencies

Assets

Oracles

7 price feeds behind them

Control accounts

Counts the accounts read here; allocators Morpho does not list are not counted.

Each account or contract this vault names, up to three steps out. Open a row to see the read that found it and what that address names in turn.

Control

Wait before a change3 days to add a market or raise a market's limit, remove a market still holding the vault's money, shorten this wait or replace the guardian; the fee, curator and allocators change at once

Changes already waiting are not read; any of them can take effect sooner.

OwnerMultisig, 4 of 70xe5e2…89c0

0xe5e2baf96198c56380ddd5e992d7d1ada0e989c00xe5e2baf9…a0e989c0 ▸

Named by the vault as its owner, at block 26,363,542.

SignerContract0x80c9…c0cb

0x80c9ac867b2d36b7e8d74646e074c460a008c0cb0x80c9ac86…a008c0cb ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x2c2d…613c

0x2c2dc95f8c8060a7e3b354c1b9540881aea1613c0x2c2dc95f…aea1613c ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x5250…0bdb

0x5250077c42627cbd112988f32d482acc9ff40bdb0x5250077c…9ff40bdb ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x5c1b…3823

0x5c1b2793961a3944f550693705e63d9846c938230x5c1b2793…46c93823 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x80a3…a8b2

0x80a3887ba60f76acab48ee4aead0a71a0774a8b20x80a3887b…0774a8b2 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x8956…3d52

0x895690ec66b20c03acc49b43d381a2d1dd423d520x895690ec…dd423d52 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0xd000…ec03

0xd0002c648cca8dee2f2b8d70d542ccde8ad6ec030xd0002c64…8ad6ec03 ▸

Named by the multisig above as its signer, at block 26,363,542.

CuratorMultisig, 2 of 30x90d0…6b51

0x90d0f26025571295d18a6c041e47450b81886b510x90d0f260…81886b51 ▸

Named by the vault as its curator, at block 26,363,542.

SignerWallet, no contract code0x0dca…d504

0x0dca0fdc170baa4ca9c1dcd37ffe01f97bcfd5040x0dca0fdc…7bcfd504 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract codenamed above

GuardianMultisig, 6 of 90xfeb4…ff52

0xfeb4acf3df3cdea7399794d0869ef76a6efaff520xfeb4acf3…6efaff52 ▸

Named by the vault as its guardian, at block 26,363,542.

SignerWallet, no contract code0x2b88…7d12

0x2b888954421b424c5d3d9ce9bb67c9bd47537d120x2b888954…47537d12 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x5db9…2cae

0x5db9926c93085a92f14a85dabf6ff27b07362cae0x5db9926c…07362cae ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x6f2a…ead6

0x6f2a8ee9452ba7d336b3fba03cac27f7818aead60x6f2a8ee9…818aead6 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x700f…98a3

0x700f1a984c962b447ccdb95c4c2d8074c65098a30x700f1a98…c65098a3 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x70af…eaa3

0x70af5a3368606c6557d2b3ce2eec8796b914eaa30x70af5a33…b914eaa3 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x9622…9255

0x962228a90eac69238c7d1f216d80037e61ea92550x962228a9…61ea9255 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0xea6c…b3a9

0xea6c0837fef621e77329f85820f503ca09f2b3a90xea6c0837…09f2b3a9 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0xf5d3…cfae

0xf5d3dbda5f41a0e26d71b948e29522398e71cfae0xf5d3dbda…8e71cfae ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0xfe45…2e4b

0xfe45baf0f18c207152a807c1b05926583cfe2e4b0xfe45baf0…3cfe2e4b ▸

Named by the multisig above as its signer, at block 26,363,542.

AllocatorContract0x75a1…780d

0x75a1253432356f90611546a487b5350cef08780d0x75a12534…ef08780d ▸

Named by the vault as its allocator, at block 26,363,542.

AllocatorContract0xfd32…c75d

0xfd32fa2ca22c76dd6e550706ad913fc6ce91c75d0xfd32fa2c…ce91c75d ▸

Named by the vault as its allocator, at block 26,363,542.

AllocatorWallet, no contract code0x50b7…a8fa

0x50b75d586929ab2f75dc15f07e1b921b7c4ba8fa0x50b75d58…7c4ba8fa ▸

Named by the vault as its allocator, at block 26,363,542.

Prices

OracleMorpho Chainlink oracle0x008b…e1ef

0x008bf4b1cda0cc9f0e882e0697f036667652e1ef0x008bf4b1…7652e1ef ▸

Named by the vault as its oracle, at block 26,363,542.

Price feedBTC / USD0xf403…e88c

0xf4030086522a5beea4988f8ca5b36dbc97bee88c0xf4030086…97bee88c ▸

Named by Morpho Chainlink oracle as its price feed, at block 26,363,542.

OwnerMultisig, 4 of 90x21f7…73ca

0x21f73d42eb58ba49ddb685dc29d3bf5c0f0373ca0x21f73d42…0f0373ca ▸

Named by BTC / USD as its owner, at block 26,363,542.

AggregatorContract0x4a34…84f1

0x4a3411ac2948b33c69666b35cc6d055b27ea84f10x4a3411ac…27ea84f1 ▸

Named by BTC / USD as its aggregator, at block 26,363,542.

Price feedUSDT / USD0x3e7d…e32d

0x3e7d1eab13ad0104d2750b8863b489d65364e32d0x3e7d1eab…5364e32d ▸

Named by Morpho Chainlink oracle as its price feed, at block 26,363,542.

OwnerMultisig, 4 of 9named above

AggregatorContract0x9c41…73e3

0x9c41663bb8d6800c8050e2fbf98e86ad01c973e30x9c41663b…01c973e3 ▸

Named by USDT / USD as its aggregator, at block 26,363,542.

Price feedWBTC / BTC0xfdfd…bb23

0xfdfd9c85ad200c506cf9e21f1fd8dd01932fbb230xfdfd9c85…932fbb23 ▸

Named by Morpho Chainlink oracle as its price feed, at block 26,363,542.

OwnerMultisig, 4 of 9named above

AggregatorContract0xa5e3…199d

0xa5e3a55cea42b86560a5215094981c300899199d0xa5e3a55c…0899199d ▸

Named by WBTC / BTC as its aggregator, at block 26,363,542.

OracleMorpho Chainlink oracle0x0c42…4c79

0x0c426d174fc88b7a25d59945ab2f7274bf7b4c790x0c426d17…bf7b4c79 ▸

Named by the vault as its oracle, at block 26,363,542.

Price feedDAI / USD0xaed0…1ee9

0xaed0c38402a5d19df6e4c03f4e2dced6e29c1ee90xaed0c384…e29c1ee9 ▸

Named by Morpho Chainlink oracle as its price feed, at block 26,363,542.

OwnerMultisig, 4 of 9named above

AggregatorContract0x7097…72a3

0x709783ab12b65fd6cd948214eee6448f3bdd72a30x709783ab…3bdd72a3 ▸

Named by DAI / USD as its aggregator, at block 26,363,542.

Price feedUSDT / USDnamed above

Vault in the pricesUSDS0xa393…7fbd

0xa3931d71877c0e7a3148cb7eb4463524fec27fbd0xa3931d71…fec27fbd ▸

Named by Morpho Chainlink oracle as a vault in its price, at block 26,363,542.

Runs the code ofContract0x4e79…61e0

0x4e7991e5c547ce825bdeb665ee14a3274f9f61e00x4e7991e5…4f9f61e0 ▸

Named by sUSDS as the code it runs, at block 26,363,542.

Underlying assetUSDS0xdc03…384f

0xdc035d45d973e3ec169d2276ddab16f1e407384f0xdc035d45…e407384f ▸

Named by sUSDS as its underlying asset, at block 26,363,542.

Runs the code ofContract0x1923…4102

0x1923dfee706a8e78157416c29cbccfde7cdf41020x1923dfee…7cdf4102 ▸

Named by USDS as the code it runs, at block 26,363,542.

OracleMorpho Chainlink oracle0x0e05…38ac

0x0e053750dfa4e809e5f7b119832c799c2aa138ac0x0e053750…2aa138ac ▸

Named by the vault as its oracle, at block 26,363,542.

Price feedBTC / USDnamed above

OracleMorpho Chainlink oracle0x95db…6992

0x95db30fab9a3754e42423000df27732cb23969920x95db30fa…b2396992 ▸

Named by the vault as its oracle, at block 26,363,542.

Price feedCustom price feed for wstETH / ETH0x4f67…8e79

0x4f67e4d9bd67efa28236013288737d39aef48e790x4f67e4d9…aef48e79 ▸

Named by Morpho Chainlink oracle as its price feed, at block 26,363,542.

Price feedUSDT / ETH0xee9f…1d46

0xee9f2375b4bdf6387aa8265dd4fb8f16512a1d460xee9f2375…512a1d46 ▸

Named by Morpho Chainlink oracle as its price feed, at block 26,363,542.

OwnerMultisig, 4 of 9named above

AggregatorContract0x0b53…6b56

0x0b539d864c16398dcc7353521c62186380de6b560x0b539d86…80de6b56 ▸

Named by USDT / ETH as its aggregator, at block 26,363,542.

OracleMorpho Chainlink oracle0xc7d1…d9dc

0xc7d1fe3fbe90e8f755250ca3ce4d2ae50873d9dc0xc7d1fe3f…0873d9dc ▸

Named by the vault as its oracle, at block 26,363,542.

Price feedXAU / USD0x214e…a0d6

0x214ed9da11d2fbe465a6fc601a91e62ebec1a0d60x214ed9da…bec1a0d6 ▸

Named by Morpho Chainlink oracle as its price feed, at block 26,363,542.

OwnerMultisig, 4 of 9named above

AggregatorContract0x0e3d…f903

0x0e3dd634ffbf7ea89bbdcf09ccc463302fd5f9030x0e3dd634…2fd5f903 ▸

Named by XAU / USD as its aggregator, at block 26,363,542.

Assets and markets

Deposit assetUSDT0xdac1…1ec7

0xdac17f958d2ee523a2206206994597c13d831ec70xdac17f95…3d831ec7 ▸

Named by the vault as its deposit asset, at block 26,363,542.

OwnerContract0xc6cd…a828

0xc6cde7c39eb2f0f0095f41570af89efc2c1ea8280xc6cde7c3…2c1ea828 ▸

Named by USDT as its owner, at block 26,363,542.

CollateralcbBTC0xcbb7…33bf

0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf0xcbb7c000…0eed33bf ▸

Named by the vault as its collateral, at block 26,363,542.

OwnerWallet, no contract code0xbbc9…db4f

0xbbc9b6001cf0a4fccffab7bdda1ab16cafb9db4f0xbbc9b600…afb9db4f ▸

Named by cbBTC as its owner, at block 26,363,542.

Upgrade adminWallet, no contract code0x42d9…c2af

0x42d90b3faf2287475cdc863706bd7cc3e938c2af0x42d90b3f…e938c2af ▸

Named by cbBTC as its upgrade admin, at block 26,363,542.

Runs the code ofContract0x7458…aa72

0x7458bfdc30034eb860b265e6068121d18fa5aa720x7458bfdc…8fa5aa72 ▸

Named by cbBTC as the code it runs, at block 26,363,542.

PauserWallet, no contract code0x7399…2d6a

0x7399168043b684b57f198c42fc31558467cf2d6a0x73991680…67cf2d6a ▸

Named by cbBTC as its pauser, at block 26,363,542.

Mint managerWallet, no contract code0x2b5b…c1d3

0x2b5b99d0096a1ae5641f5041f780a33d004fc1d30x2b5b99d0…004fc1d3 ▸

Named by cbBTC as its mint manager, at block 26,363,542.

Blocklist managerWallet, no contract code0x5130…01af

0x5130bf38bf5342aa06cc79b8cc198cce832b01af0x5130bf38…832b01af ▸

Named by cbBTC as its blocklist manager, at block 26,363,542.

CollateralsUSDSnamed above

CollateralWBTC0x2260…c599

0x2260fac5e5542a773aa44fbcfedf7c193bc2c5990x2260fac5…3bc2c599 ▸

Named by the vault as its collateral, at block 26,363,542.

OwnerContract0xca06…beb7

0xca06411bd7a7296d7dbdd0050dfc846e95febeb70xca06411b…95febeb7 ▸

Named by WBTC as its owner, at block 26,363,542.

OwnerContract0x972e…70de

0x972eed35781f09987a5c40f761f6a24623c570de0x972eed35…23c570de ▸

Named by the contract above as its owner, at block 26,363,542.

CollateralwstETH0x7f39…2ca0

0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca00x7f39c581…935e2ca0 ▸

Named by the vault as its collateral, at block 26,363,542.

CollateralXAUt0x6874…2f38

0x68749665ff8d2d112fa859aa293f07a622782f380x68749665…22782f38 ▸

Named by the vault as its collateral, at block 26,363,542.

OwnerContractnamed above

Upgrade adminContract0x856f…873e

0x856fcc085290ac1e40392442211e6a333afb873e0x856fcc08…3afb873e ▸

Named by XAUt as its upgrade admin, at block 26,363,542.

OwnerContractnamed above

Runs the code ofContract0x4c0d…e566

0x4c0d2c74a8d26f1e4f5653021c521f5471f9e5660x4c0d2c74…71f9e566 ▸

Named by XAUt as the code it runs, at block 26,363,542.

Lends onMorpho Blue0xbbbb…ffcb

0xbbbbbbbbbb9cc5e90e3b3af64bdaf62c37eeffcb0xbbbbbbbb…37eeffcb ▸

Named by Morpho's API as the protocol the vault lends on; the address has contract code at block 26,363,542.

OwnerMultisig, 6 of 100xcba2…9afa

0xcba28b38103307ec8da98377fff9816c164f9afa0xcba28b38…164f9afa ▸

Named by Morpho Blue as its owner, at block 26,363,542.

SignerMultisig, 1 of 20xad0e…ed8f

0xad0e1b385a6e2d5aa4c72f37dcdd4dafd63ced8f0xad0e1b38…d63ced8f ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x13ca…f963

0x13ca8756e9470b71b8e998352c8741706217f9630x13ca8756…6217f963 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x264c…6b31

0x264c86dbbd2e4165fbbf0c35b0ddf0e00aec6b310x264c86db…0aec6b31 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x30e7…b652

0x30e7c016fc702cde9a50720a469d418490b7b6520x30e7c016…90b7b652 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x69fc…ca9c

0x69fcefde2b48503d675181448b3d4272128bca9c0x69fcefde…128bca9c ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x84d3…cf79

0x84d3e4ee550dd5f99e76a548ac59a6be1c8dcf790x84d3e4ee…1c8dcf79 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0x8f02…d002

0x8f02b4a44eacd9b8ee7739aa0ba58833dd45d0020x8f02b4a4…dd45d002 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0xc100…9d80

0xc100c251bdd297a66795112f04356e6ba5f89d800xc100c251…a5f89d80 ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0xcf26…50ec

0xcf263cee139763114faafc5f52865135412f50ec0xcf263cee…412f50ec ▸

Named by the multisig above as its signer, at block 26,363,542.

SignerWallet, no contract code0xe0ae…6086

0xe0aeb6811d33df42a09066857cdafca16b5060860xe0aeb681…6b506086 ▸

Named by the multisig above as its signer, at block 26,363,542.

Other contracts it names

Rate modelContract0x870a…00bc

0x870ac11d48b15db9a138cf899d20f13f79ba00bc0x870ac11d…79ba00bc ▸

Named by the vault as its rate model, at block 26,363,542.

Admins of sUSDS can be listed only from its event logs, which Priime does not read.

Admins of USDS can be listed only from its event logs, which Priime does not read.

Read on Ethereum at block 26,363,542, 7 Nov 2026, 14:29 UTC. Contracts the vault calls only inside its transactions are not listed, and a role holder shows only where the contract lists its holders.

Returns

0.3%

30d return

0.8%

90d return

1.5%

Return since May 25, 2026

-8.8

Sharpe

0.1%

Volatility

0.0%

Max drawdown

0.5y

Age

How returns are computed

Computed by Priime from the vault's daily share price since May 25, 2026. A return is shown only when the history covers its whole window; CAGR only past a year. Sharpe is the excess return over the 3-month US Treasury bill, for dollar vaults only, and shows as >50 where volatility is near zero. Net APY on this vault is Morpho's six-hour average, after fees and without reward tokens; Morpho publishes no averaged gross rate, so no gross figure is set beside it.

Details

Vault address0x0963232eb842baf53e8e517691f81745c1f228a0 ▸

ChainEthereum · id 1

ProtocolMorpho

CuratorYearn

DenominationUSDT

Share tokenymv-USDT

InceptionApril 30, 2026

History fromMay 25, 2026

Rank by TVL208 overall, 138 on Ethereum, 15 for Yearn

Ranks are by TVL within this benchmark as of November 7, 2026, 14:04 UTC.