SovaBase USDC Vault
Details about the SovaBase USDC Vault on Morpho.
SovaBase USDC Vault
The SovaBase USDC Vault is our flagship product, designed to provide steady, risk-adjusted yields on your USDC. It is a single-asset vault built on the Morpho protocol.
Overview
- Asset: USDC
- Platform: Morpho (Ethereum)
- Target APY: 7-9% (Net)
- Performance Fee: 5%
- Curator: SovaBase
Live Performance
Current Net APY is approximately 10.69% (as of Nov 2025). View on Morpho
Strategy
The vault lends USDC against high-quality, over-collateralized assets. We focus on "boring" assets with deep liquidity and proven track records.
Current Allocations
The vault diversifies lending across multiple markets to spread risk.
| Asset | Allocation | LTV |
|---|---|---|
| mF-ONE / USDC | ~36% | 91.5% |
| mHYPER / USDC | ~35% | 86% |
| reUSD / USDC | ~25% | 91.5% |
| fxSAVE / USDC | ~4% | 86% |
Allocations are subject to change based on market conditions and risk assessments.
Fees
We charge a 5% performance fee on the yield generated. This aligns our incentives with yours—we only make money when you make money.
- Management Fee: 0%
- Withdrawal Fee: 0%
- Performance Fee: 5%
Risks
While we prioritize safety, users should be aware of the risks involved:
Connect
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