cbBTC Vault (Seamless)
Morpho · Base
Frequently Asked Questions
What is the current APY for cbBTC Vault (Seamless)?
The current spot APY for cbBTC Vault (Seamless) on Morpho (Base) is 0.10%. The 30-day average APY is 0.20%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in cbBTC Vault (Seamless)?
The total value locked (TVL) in cbBTC Vault (Seamless) is $351.4K. TVL measures the total CBBTC assets currently deposited in this vault.
Does the cbBTC Vault (Seamless) yield include token rewards?
No. Earnbase tracks on-chain APY only, derived from the vault's exchange rate changes over time. External incentives, token rewards, points programs, and liquidity mining bonuses are not included in the reported APY.
Which network is cbBTC Vault (Seamless) deployed on?
cbBTC Vault (Seamless) is deployed on Base. Network choice affects transaction costs, settlement speed, and which protocols are available. On-chain APY figures on Earnbase are calculated from exchange rate data on Base directly.
Compare with Other CBBTC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| cbBTC Lend Pool | Arcadia | Base | 9.51% | $75.6K |
| Arcadia cbBTC Autocompounder | Harvest | Base | 7.54% | $60.4K |
| Wintermute Trading (Private Credit) | Wildcat | Mainnet | 4.00% | $13.5K |
| LevMoonwell cbBTC | Yearn V3 | Base | 3.19% | $110.5K |
| Flagship cbBTC | Lagoon | Mainnet | 2.81% | $13.7M |
| cbBTC Autopilot | Harvest | Base | 1.88% | $144.6K |
| cbBTC Market | Radiant V2 | Base | 0.73% | $22.8K |
| Moonwell cbBTC Autocompounder | Harvest | Base | 0.38% | $108.4K |
| cbBTC | Morpho | Mainnet | 0.34% | $83.4K |
| cbBTC Market | ExtraFi | Base | 0.21% | $698.6K |
More Morpho Strategies
cbBTC Vault (Seamless)
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Yield Overview
cbBTC Vault (Seamless) is a cbBTC yield strategy on Morpho (Base). It currently generates 0.10% APY (24h) with a 30-day average of 0.20%. The vault holds $351.4K in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Morpho · Base
Market Benchmarking
Within the cbBTC ecosystem, this product ranks #13 out of 23 strategies. Its 0.10% yield is 92.9% lower than the market average of 1.35%.
How cbBTC Vault (Seamless) Compares
cbBTC Vault (Seamless) currently ranks #13 among 23 monitored cbBTC strategies. However, with a TVL of $351.4K, it holds significantly less capital than higher-TVL alternatives like cbBTC Market ($8.3M).
Ecosystem Context
Positioned within the Base ecosystem, this product's yield is 94.4% lower than the network average for cbBTC strategies. Within Morpho, it competes against 4 other cbBTC strategies. By TVL, this product ranks #4 of 14 cbBTC strategies on Base.
About Morpho
Morpho is a decentralized lending protocol that enables the creation of isolated lending markets and curated vaults. Earnbase tracks 5 strategies on Morpho.
CBBTC on Base#10 of 14
Yield Sustainability
An extreme 50.9% deviation from the historical average suggests the current yield level is unlikely to persist. This pattern is often driven by temporary incentive programs, one-off events, or rapid capital reallocation.
Yield Trajectory
cbBTC Vault (Seamless) has been on a 4-day downward streak, with APY falling from 0.12% to 0.10% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have declined by 8.6%. The strongest 7-day period was Apr 28–May 04 averaging 0.34%, while the weakest was May 12–May 18 at 0.11%. Current 24h APY of 0.10% is 49.3% below the product's own 30-day average.
Weekly yields have declined for 2 consecutive weeks. The most recent 7-day average stands at 0.11%.
Weekly Breakdown
Historical APY Statistics
Over the past 166 days, cbBTC Vault (Seamless)'s yield has shown a downward trend, with yields compressing from 0.14% to 0.13%, a 9.8% decline. The sustainability score of 28/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 166 days, cbBTC Vault (Seamless)'s total value locked has experienced a contraction, declining from $1.5M to $567.9K, a 62.7% reduction.
History
FAQ
Yield & Performance
cbBTC Vault (Seamless) on Morpho offers a 24-hour APY of 0.10%, a 30-day average of 0.20% on cbBTC. Yields are variable and update daily based on protocol activity.
cbBTC Vault (Seamless) ranks #13 out of 23 monitored cbBTC strategies. Its current yield of 0.10% is 92.9% below the market average of 1.35%.
Earnbase rates the yield sustainability of cbBTC Vault (Seamless) at 28/100, classified as "Very Low Stability". An extreme 50.9% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 166 days, cbBTC Vault (Seamless) has shown a downward yield trajectory. The average APY moved from 0.14% to 0.13%.
cbBTC Vault (Seamless) has a yield volatility rating of "Low" (standard deviation: 0.17pp over 166 days). The APY has ranged from 0.01% to 1.34% in the tracked period, with an average of 0.11%.
Liquidity & TVL
cbBTC Vault (Seamless) currently has a total value locked (TVL) of $351.4K in cbBTC deposits.
cbBTC Vault (Seamless) holds $351.4K in cbBTC deposits. Across all 23 tracked cbBTC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $351.4K places it within the broader spectrum of cbBTC opportunities tracked on Earnbase.
By total value locked, cbBTC Vault (Seamless) ranks #4 of 14 cbBTC strategies on Base. It currently holds $351.4K.
cbBTC Vault (Seamless)'s TVL is currently declining. Over the past 166 days, TVL moved from $1.5M to $567.9K, a -62.7% change. The 30-day high was $2.2M and the 30-day low was $351.9K.
Despite rising yields, capital has been flowing out. This may indicate concerns about sustainability or broader market rotation. In general, rising TVL in a lending vault can compress yields as more capital competes for the same borrow demand.
Over the past 30 days, cbBTC Vault (Seamless) had 11 days of inflows and 17 days of outflows. The largest single-day inflow was +$10.1K (May 15, 2026) and the largest outflow was -$296.4K (Apr 23, 2026). Net 30-day TVL change: -53.4%.
Strategy & Access
cbBTC Vault (Seamless) operates on the Base network and is managed by Morpho. It accepts cbBTC deposits.
To deposit into cbBTC Vault (Seamless), you need cbBTC tokens on the Base network. Visit the Morpho platform directly to connect your wallet and make a deposit.
cbBTC Vault (Seamless) ranks among 14 monitored cbBTC strategies on Base. Its yield of 0.10% is 94.4% below the Base average of 1.71%.
cbBTC Vault (Seamless) is deployed on Morpho's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Morpho is the DeFi protocol infrastructure that cbBTC Vault (Seamless) operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Base network.
For illustrative purposes only. Based on the current 0.10% on-chain APY for CBBTC. Does not include external incentives. Past performance does not guarantee future results. Actual returns may vary.
This page provides informational data aggregated from on-chain sources and is not financial advice. Always verify data directly with Morpho before depositing.
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