Blue Chip USDC Vault
Morpho · Curated by SparkDAO · Mainnet
Frequently Asked Questions
What is the current APY for Blue Chip USDC Vault?
The current spot APY for Blue Chip USDC Vault on Morpho (Mainnet) is 1.93%. The 30-day average APY is 2.92%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Blue Chip USDC Vault?
The total value locked (TVL) in Blue Chip USDC Vault is $1.0M. TVL measures the total USDC assets currently deposited in this vault.
Does the Blue Chip USDC Vault 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.
Who curates Blue Chip USDC Vault?
Blue Chip USDC Vault is curated by SparkDAO. Curators set the risk parameters, asset allocations, and rebalancing strategy for the vault. They are responsible for selecting which lending markets or protocols receive deposits. You can view all strategies curated by SparkDAO on the SparkDAO curator page on Earnbase.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Hub Capital USDC vault | Lagoon | Ethereum | 104.04% | $1.0M |
| High Yield USDC | Morpho | Mainnet | 103.36% | $1.8M |
| V2 - ID:20 | Silo | Sonic | 71.06% | $8.3K |
| Resolv USDC | Euler | Mainnet | 33.98% | $2.3K |
| Apostro | Euler | BNB | 28.33% | $1.0K |
| Euler Arbitrum Yield | Euler | Arbitrum | 21.93% | $1.4K |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 16.59% | $4.1M |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 14.04% | $589.4K |
| Coinshift Conservative USPC | Lagoon | Ethereum | 11.19% | $340.1K |
More Morpho Strategies
Blue Chip USDC Vault
Opens external site. Rates may differ due to refresh timing.
Opens external site. Rates may differ due to refresh timing.
Yield Overview
Blue Chip USDC Vault is a USDC yield strategy on Morpho, curated by SparkDAO. It currently generates 1.93% APY (24h) with a 30-day average of 2.92%. The vault holds $1.0M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by SparkDAO · Mainnet
Market Benchmarking
Within the USDC ecosystem, this product ranks #124 out of 160 strategies. Its 1.93% yield is 67.9% lower than the market average of 6.02%.
How Blue Chip USDC Vault Compares
Blue Chip USDC Vault currently ranks #124 among 160 monitored USDC strategies. However, with a TVL of $1.0M, it holds significantly less capital than higher-TVL alternatives like USDC ($209.1M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 68.0% lower than the network average for USDC strategies. This strategy is curated by SparkDAO, with 2 SparkDAO strategies tracked on Earnbase across 2 networks. Within Morpho, it competes against 63 other USDC strategies. By TVL, this product ranks #35 of 57 USDC strategies on Mainnet.
About Morpho
Morpho is a decentralized lending protocol that enables the creation of isolated lending markets and curated vaults. Earnbase tracks 105 strategies on Morpho.
USDC on Mainnet#41 of 57
Yield Sustainability
Yield is 33.8% below the monthly average.
Yield Trajectory
Blue Chip USDC Vault recorded a 24h APY of 1.93% in the most recent data point. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 2.5%. The strongest 7-day period was Mar 14–Mar 20 averaging 3.17%, while the weakest was Mar 21–Mar 27 at 2.86%. Current 24h APY of 1.93% is 34.2% below the product's own 30-day average.
Weekly yields have improved for 1 consecutive week, with the most recent 7-day average of 2.93% representing a mid-range weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 120 days, Blue Chip USDC Vault's yield has shown a downward trend, with yields compressing from 3.72% to 2.87%, a 22.8% decline. The sustainability score of 59/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 120 days, Blue Chip USDC Vault's total value locked has experienced a contraction, declining from $10.1M to $1.6M, a 84.5% reduction.
History
FAQ
Yield & Performance
Blue Chip USDC Vault on Morpho offers a 24-hour APY of 1.93%, a 30-day average of 2.92% on USDC. Yields are variable and update daily based on protocol activity.
Blue Chip USDC Vault ranks #124 out of 160 monitored USDC strategies. Its current yield of 1.93% is 67.9% below the market average of 6.02%.
Earnbase rates the yield sustainability of Blue Chip USDC Vault at 59/100, classified as "Moderate". Yield is 33.8% below the monthly average.
Over the past 120 days, Blue Chip USDC Vault has shown a downward yield trajectory. The average APY moved from 3.72% to 2.87%.
Blue Chip USDC Vault has a yield volatility rating of "Moderate" (standard deviation: 0.72pp over 120 days). The APY has ranged from 1.92% to 5.78% in the tracked period, with an average of 3.34%.
Liquidity & TVL
Blue Chip USDC Vault currently has a total value locked (TVL) of $1.0M in USDC deposits.
Blue Chip USDC Vault holds $1.0M in USDC deposits. Across all 160 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $1.0M places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, Blue Chip USDC Vault ranks #35 of 57 USDC strategies on Mainnet. It currently holds $1.0M.
Blue Chip USDC Vault's TVL is currently declining. Over the past 120 days, TVL moved from $10.1M to $1.6M, a -84.5% change. The 30-day high was $15.7M and the 30-day low was $999.0K.
Yields are declining as more capital enters the vault, a common dynamic where increased deposits dilute per-depositor returns. 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, Blue Chip USDC Vault had 17 days of inflows and 12 days of outflows. The largest single-day inflow was +$14.7M (Mar 18, 2026) and the largest outflow was -$14.7M (Mar 19, 2026). Net 30-day TVL change: +0.0%.
Strategy & Access
Blue Chip USDC Vault operates on the Mainnet network and is managed by Morpho. It accepts USDC deposits. The strategy is curated by SparkDAO.
To deposit into Blue Chip USDC Vault, you need USDC tokens on the Mainnet network. Visit the Morpho platform directly to connect your wallet and make a deposit.
Blue Chip USDC Vault ranks among 57 monitored USDC strategies on Mainnet. Its yield of 1.93% is 68.0% below the Mainnet average of 6.02%.
Blue Chip USDC Vault 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 Blue Chip USDC Vault operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Mainnet network.
For illustrative purposes only. Based on the current 1.93% on-chain APY for USDC. 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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