Hakutora USDC
Morpho · Mainnet
Frequently Asked Questions
What is the current APY for Hakutora USDC?
The current spot APY for Hakutora USDC on Morpho (Mainnet) is 2.79%. The 30-day average APY is 3.17%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Hakutora USDC?
The total value locked (TVL) in Hakutora USDC is $16.2M. TVL measures the total USDC assets currently deposited in this vault.
Does the Hakutora USDC 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 Hakutora USDC deployed on?
Hakutora USDC is deployed on Mainnet. 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 Mainnet directly.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Syntropia Boosted | Lagoon | Ethereum | 16.05% | $345.2K |
| 722Capital USDC | Lagoon | Base | 15.52% | $1.2M |
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 15.49% | $312.7K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| mHYPER Looping | IPOR Fusion | Ethereum | 14.56% | $124.0K |
| USDC Vault | 40 Acres | Base | 13.74% | $8.1M |
| Coinshift Conservative USPC | Lagoon | Ethereum | 13.33% | $193.5K |
| 40 Acres Autocompounder | Harvest | Base | 12.25% | $2.0M |
| Hub Capital USDC vault | Lagoon | Ethereum | 12.16% | $993.0K |
| Earn - avUSDC | Avantis | Base | 11.97% | $45.3M |
More Morpho Strategies
Hakutora USDC
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Yield Overview
Hakutora USDC is a USDC yield strategy on Morpho (Mainnet). It currently generates 2.79% APY (24h) with a 30-day average of 3.17%. The vault holds $16.2M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Morpho · Mainnet
Market Benchmarking
Within the USDC ecosystem, this product ranks #117 out of 155 strategies. Its 2.79% yield is 41.3% lower than the market average of 4.76%.
How Hakutora USDC Compares
Hakutora USDC currently ranks #117 among 155 monitored USDC strategies. However, with a TVL of $16.2M, it holds significantly less capital than higher-TVL alternatives like V3 ($35.8M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 34.3% lower than the network average for USDC strategies. Within Morpho, it competes against 61 other USDC strategies. By TVL, this product ranks #10 of 52 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 62 strategies on Morpho.
USDC on Mainnet#40 of 52
Yield Sustainability
Current yield of 2.79% shows a 11.9% variance from the 30-day average, well within normal operating bands.
Yield Trajectory
Hakutora USDC recorded a 24h APY of 2.79% 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 declined by 4.2%. The strongest 7-day period was Apr 21–Apr 27 averaging 3.42%, while the weakest was Apr 28–May 04 at 2.94%. Current 24h APY of 2.79% is 11.3% below the product's own 30-day average.
Weekly yields have declined for 1 consecutive week. The most recent 7-day average stands at 3.07%.
Weekly Breakdown
Historical APY Statistics
Over the past 164 days, Hakutora USDC's yield has shown a downward trend, with yields compressing from 3.61% to 2.95%, a 18.3% decline. The sustainability score of 86/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 164 days, Hakutora USDC's total value locked has experienced a contraction, declining from $18.0M to $16.9M, a 5.9% reduction.
History
FAQ
Yield & Performance
Hakutora USDC on Morpho offers a 24-hour APY of 2.79%, a 30-day average of 3.17% on USDC. Yields are variable and update daily based on protocol activity.
Hakutora USDC ranks #117 out of 155 monitored USDC strategies. Its current yield of 2.79% is 41.3% below the market average of 4.76%.
Earnbase rates the yield sustainability of Hakutora USDC at 86/100, classified as "Stable". Current yield of 2.79% shows a 11.9% variance from the 30-day average, well within normal operating bands.
Over the past 164 days, Hakutora USDC has shown a downward yield trajectory. The average APY moved from 3.61% to 2.95%.
Hakutora USDC has a yield volatility rating of "Moderate" (standard deviation: 0.66pp over 164 days). The APY has ranged from 1.85% to 5.04% in the tracked period, with an average of 3.20%.
Liquidity & TVL
Hakutora USDC currently has a total value locked (TVL) of $16.2M in USDC deposits.
Hakutora USDC holds $16.2M in USDC deposits. Across all 155 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $16.2M places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, Hakutora USDC ranks #10 of 52 USDC strategies on Mainnet. It currently holds $16.2M.
Hakutora USDC's TVL is currently declining. Over the past 164 days, TVL moved from $18.0M to $16.9M, a -5.9% change. The 30-day high was $20.6M and the 30-day low was $16.0M.
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, Hakutora USDC had 17 days of inflows and 12 days of outflows. The largest single-day inflow was +$642.6K (May 07, 2026) and the largest outflow was -$758.3K (May 09, 2026). Net 30-day TVL change: -1.6%.
Strategy & Access
Hakutora USDC operates on the Mainnet network and is managed by Morpho. It accepts USDC deposits.
To deposit into Hakutora USDC, you need USDC tokens on the Mainnet network. Visit the Morpho platform directly to connect your wallet and make a deposit.
Hakutora USDC ranks among 52 monitored USDC strategies on Mainnet. Its yield of 2.79% is 34.3% below the Mainnet average of 4.25%.
Hakutora USDC 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 Hakutora USDC 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 2.79% 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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