apxUSD on Morpho (Ethereum)
AtlasYield rates this vault 67.9 out of 100, placing it in the Balanced band. The score combines 16 factors across four pillars and was last measured on .
Pillar scores
Yield
57.9
Safety
79.5
Liquidity
61.2
Sustainability
74.3
Can you get in and out?
Route check passed. A USDC round trip into this vault and back returned 99.4% of the value at the largest probed size, checked 2026-10-13. The probe is same-chain only: it funds with USDC on the vault's own chain and does not test cross-chain deposits.
Why does this vault score 67.9?
The composite is pulled up most by Safety at 79.5, and held back most by Yield at 57.9. Yield quality: 0% of APY is incentive-driven; falls to ~6.3% base APY if emissions end. Realized APY has also been volatile (σ=4.2pp)..
What would move this score?
Pillars aggregate by weighted geometric mean: yield 30%, safety 35%, liquidity 20%, sustainability 15%. It sits 2.1 points below the Conservative threshold. Because Yield is this vault's weakest pillar, a change there moves the composite before a comparable change in its stronger pillars would. Scores recompute every 4 hours from live on-chain and market data; this page reflects the once-daily published snapshot, so the live API can be ahead of it between publishes.
Vault facts
- Protocol
- Morpho
- Chain
- Ethereum (id 1)
- Asset
- apxUSD
- APY
- 6.59%
- TVL
- $1.2M
- Data quality
- sufficient
- On-chain identifier
- 0x3a618e9d4159dff94e90bd6239161de4dd7c0082
Provenance
AtlasYield scores every covered vault every 4 hours and publishes a public, timestamped snapshot once daily. This page reflects the snapshot dated 2026-10-14 (scorer 2.3.0). The full history is a public git repo, so any score we have ever published can be checked against the commit that published it.
Verify this score in the public history · How the score works · Terms for reusing this rating
Atlas scores are research and information, not investment advice. DeFi carries risk of total loss.