Frequently Asked Questions
What is the current APY for USDC Prime?
The current spot APY for USDC Prime on Morpho (Mainnet) is 0.00%. The 30-day average APY is 0.62%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in USDC Prime?
The total value locked (TVL) in USDC Prime is $11.7K. TVL measures the total USDC assets currently deposited in this vault.
Does the USDC Prime 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 USDC Prime?
USDC Prime is curated by kpk. 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 kpk on the kpk curator page on Earnbase.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 19.42% | $490.1K |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 17.04% | $960.4K |
| mHYPER Looping | IPOR Fusion | Ethereum | 15.51% | $122.2K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| USDC Vault | 40 Acres | Base | 14.66% | $7.4M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 13.77% | $42.4K |
| 40 Acres Autocompounder | Harvest | Base | 13.06% | $1.9M |
| Syntropia Boosted | Lagoon | Ethereum | 12.96% | $353.3K |
| Swaap Lend | Euler | Mainnet | 10.82% | $77.1K |
| Earn - avUSDC | Avantis | Base | 10.12% | $30.1M |
More Morpho Strategies
USDC Prime
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Yield Overview
USDC Prime is a USDC yield strategy on Morpho, curated by kpk. No yield data is available for the most recent period.
Curated by kpk · Mainnet
Market Benchmarking
No yield data available. This product is tracked within the USDC ecosystem alongside 154 strategies.
How USDC Prime Compares
USDC Prime currently ranks #153 among 154 monitored USDC strategies. However, with a TVL of $11.7K, it holds significantly less capital than higher-TVL alternatives like Hyperithm (Private Credit) ($30.0M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 100.0% lower than the network average for USDC strategies. This strategy is curated by kpk, with 3 kpk strategies tracked on Earnbase across 3 networks. Within Morpho, it competes against 61 other USDC strategies. By TVL, this product ranks #47 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
Yield Sustainability
An extreme 100.0% 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
USDC Prime has been on a 29-day flat streak, with APY rising from 0.00% to 0.00% over this period. Over the past 30 days, the product delivered positive yields on 1 out of 30 days. Week-over-week, yields have increased by 0.0%. The strongest 7-day period was Jun 05–Jun 11 averaging 0.00%, while the weakest was Jun 12–Jun 18 at 0.00%. Current 24h APY of 0.00% is 100.0% below the product's own 30-day average.
Weekly Breakdown
Historical APY Statistics
Over the past 70 days, USDC Prime's yield has shown a upward trend, with yields expanding from 3.11% to 3.48%, a 11.9% increase. The sustainability score of 10/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 113 days, USDC Prime's total value locked has experienced a contraction, declining from $7.8M to $24.6K, a 99.7% reduction.
History
FAQ
Yield & Performance
USDC Prime on Morpho offers a 24-hour APY of 0.00%, a 30-day average of 0.62% on USDC. Yields are variable and update daily based on protocol activity.
USDC Prime ranks #153 out of 154 monitored USDC strategies. Its current yield of 0.00% is 100.0% below the market average of 4.46%.
Earnbase rates the yield sustainability of USDC Prime at 10/100, classified as "Very Low Stability". An extreme 100.0% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 70 days, USDC Prime has shown an upward yield trajectory. The average APY moved from 3.11% to 3.48%.
USDC Prime has a yield volatility rating of "Moderate" (standard deviation: 1.07pp over 70 days). The APY has ranged from 0.00% to 5.91% in the tracked period, with an average of 3.28%.
Liquidity & TVL
USDC Prime currently has a total value locked (TVL) of $11.7K in USDC deposits.
USDC Prime holds $11.7K in USDC deposits. Across all 154 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $11.7K places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, USDC Prime ranks #47 of 52 USDC strategies on Mainnet. It currently holds $11.7K.
USDC Prime's TVL is currently declining. Over the past 113 days, TVL moved from $7.8M to $24.6K, a -99.7% change. The 30-day high was $12.3M and the 30-day low was $11.7K.
Yield and TVL have remained relatively stable over the past 30 days. 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, USDC Prime had 2 days of inflows and 6 days of outflows. The largest single-day inflow was +$589 (Jun 10, 2026) and the largest outflow was -$11.1K (Jun 06, 2026). Net 30-day TVL change: -68.7%.
Strategy & Access
USDC Prime operates on the Mainnet network and is managed by Morpho. It accepts USDC deposits. The strategy is curated by kpk.
To deposit into USDC Prime, you need USDC tokens on the Mainnet network. Visit the Morpho platform directly to connect your wallet and make a deposit.
USDC Prime ranks among 52 monitored USDC strategies on Mainnet. Its yield of 0.00% is 100.0% below the Mainnet average of 4.54%.
USDC Prime 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 USDC Prime 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 0.00% 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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