Universal USDC
Morpho · Curated by Re7 · Base
Frequently Asked Questions
What is the current APY for Universal USDC?
The current spot APY for Universal USDC on Morpho (Base) is 4.99%. The 30-day average APY is 4.00%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Universal USDC?
The total value locked (TVL) in Universal USDC is $121.5K. TVL measures the total USDC assets currently deposited in this vault.
Does the Universal 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.
Who curates Universal USDC?
Universal USDC is curated by Re7. 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 Re7 on the Re7 curator page on Earnbase.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| High Yield USDC | Morpho | Mainnet | 108.58% | $1.8M |
| Hub Capital USDC vault | Lagoon | Ethereum | 104.04% | $1.0M |
| V2 - ID:20 | Silo | Sonic | 72.48% | $8.5K |
| Resolv USDC | Euler | Mainnet | 33.98% | $2.3K |
| Apostro | Euler | BNB | 28.33% | $1.0K |
| Euler Arbitrum Yield | Euler | Arbitrum | 21.93% | $1.4K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 14.73% | $4.1M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 14.07% | $589.4K |
| Coinshift Conservative USPC | Lagoon | Ethereum | 11.19% | $340.1K |
More Morpho Strategies
Universal USDC
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Yield Overview
Universal USDC is a USDC yield strategy on Morpho, curated by Re7. It currently generates 4.99% APY (24h) with a 30-day average of 4.00%. The vault holds $121.5K in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Curated by Re7 · Base
Market Benchmarking
Within the USDC ecosystem, this product ranks #46 out of 160 strategies. Its 4.99% yield is 16.7% lower than the market average of 5.99%.
How Universal USDC Compares
Universal USDC currently ranks #46 among 160 monitored USDC strategies. However, with a TVL of $121.5K, it holds significantly less capital than higher-TVL alternatives like Core Vault ($28.3M).
Ecosystem Context
Positioned within the Base ecosystem, this product's yield is 22.0% higher than the network average for USDC strategies. This strategy is curated by Re7, with 13 Re7 strategies tracked on Earnbase across 4 networks. Within Morpho, it competes against 63 other USDC strategies. By TVL, this product ranks #39 of 45 USDC strategies on Base.
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 Base#11 of 45
Yield Sustainability
Yield is 24.7% above the monthly average.
Yield Trajectory
Universal USDC has been on a 5-day upward streak, with APY rising from 3.86% to 4.84% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 0.7%. The strongest 7-day period was Mar 28–Apr 03 averaging 3.98%, while the weakest was Mar 07–Mar 13 at 3.86%. Current 24h APY of 4.99% is 25.6% above the product's own 30-day average.
Weekly yields have improved for 3 consecutive weeks, with the most recent 7-day average of 3.98% representing a sustained weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 121 days, Universal USDC's yield has shown a stable trend, with yields expanding from 4.14% to 4.04%, a 2.3% increase. The sustainability score of 70/100 aligns with moderate yield variability.
Historical TVL Statistics
Over the past 121 days, Universal USDC's total value locked has experienced a contraction, declining from $409.3K to $139.6K, a 65.9% reduction.
History
FAQ
Yield & Performance
Universal USDC on Morpho offers a 24-hour APY of 4.99%, a 30-day average of 4.00% on USDC. Yields are variable and update daily based on protocol activity.
Universal USDC ranks #46 out of 160 monitored USDC strategies. Its current yield of 4.99% is 16.7% below the market average of 5.99%.
Earnbase rates the yield sustainability of Universal USDC at 70/100, classified as "Moderate". Yield is 24.7% above the monthly average.
Over the past 121 days, Universal USDC has shown a stable yield trajectory. The average APY moved from 4.14% to 4.04%.
Universal USDC has a yield volatility rating of "Moderate" (standard deviation: 1.22pp over 121 days). The APY has ranged from 1.77% to 13.56% in the tracked period, with an average of 3.90%.
Liquidity & TVL
Universal USDC currently has a total value locked (TVL) of $121.5K in USDC deposits.
Universal USDC holds $121.5K in USDC deposits. Across all 160 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $121.5K places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, Universal USDC ranks #39 of 45 USDC strategies on Base. It currently holds $121.5K.
Universal USDC's TVL is currently declining. Over the past 121 days, TVL moved from $409.3K to $139.6K, a -65.9% change. The 30-day high was $801.1K and the 30-day low was $121.5K.
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, Universal USDC had 17 days of inflows and 12 days of outflows. The largest single-day inflow was +$2.4K (Mar 23, 2026) and the largest outflow was -$30.0K (Mar 17, 2026). Net 30-day TVL change: -22.2%.
Strategy & Access
Universal USDC operates on the Base network and is managed by Morpho. It accepts USDC deposits. The strategy is curated by Re7.
To deposit into Universal USDC, you need USDC tokens on the Base network. Visit the Morpho platform directly to connect your wallet and make a deposit.
Universal USDC ranks among 45 monitored USDC strategies on Base. Its yield of 4.99% is 22.0% above the Base average of 4.09%.
Universal 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 Universal USDC 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 4.99% 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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